Terms of Service
Title
1. Stock broker is eligible for providing Internet based trading (IBT) and securities trading through the use of wireless technology that shall include the use of devices such as mobile phone, laptop with data card, etc. which use Internet Protocol (IP). The stock broker shall comply with all requirements applicable to internet based trading/securities trading using wireless technology as may be specified by SEBI & the Exchanges from time to time.
2. The client is desirous of investing/trading in securities and for this purpose, the client is desirous of using either the internet based trading facility or the facility for securities trading through use of wireless technology. The Stock broker shall provide the Stock broker’s IBT Service to the Client, and the Client shall avail of the Stock broker’s IBT Service, on and subject to SEBI/Exchanges Provisions and the terms and conditions specified on the Stock broker’s IBT Web Site provided that they are in line with the norms prescribed by Exchanges/SEBI.
3. The stock broker shall bring to the notice of client the features, risks, responsibilities, obligations and liabilities associated with securities trading through wireless technology/internet/smart order routing or any other technology should be brought to the notice of the client by the stock broker.
4. The stock broker shall make the client aware that the Stock Broker’s IBT system itself generates the initial password and its password policy as stipulated in line with norms prescribed by Exchanges/SEBI.
5. The Client shall be responsible for keeping the Username and Password confidential and secure and shall be solely responsible for all orders entered and transactions done by any person whosoever through the Stock broker’s IBT System using the Client’s Username and/or Password whether or not such person was authorized to do so. Also the client is aware that authentication technologies and strict security measures are required for the internet trading/securities trading through wireless technology through order routed system and undertakes to ensure that the password of the client and/or his authorized representative are not revealed to any third party including employees and dealers of the stock broker
6. The Client shall immediately notify the Stock broker in writing if he forgets his password, discovers security flaw in Stock Broker’s IBT System, discovers/suspects discrepancies/ unauthorized access through his username/password/account with full details of such unauthorized use, the date, the manner and the transactions effected pursuant to such unauthorized use, etc.
7. The Client is fully aware of and understands the risks associated with availing of a service for routing orders over the internet/securities trading through wireless technology and Client shall be fully liable and responsible for any and all acts done in the Client’s Username/password in any manner whatsoever.
8. The stock broker shall send the order/trade confirmation through email to the client at his request. The client is aware that the order/ trade confirmation is also provided on the web portal. In case client is trading using wireless technology, the stock broker shall send the order/trade confirmation on the device of the client.
9. The client is aware that trading over the internet involves many uncertain factors and complex hardware, software, systems, communication lines, peripherals, etc. are susceptible to interruptions and dislocations. The Stock broker and the Exchange do not make any representation or warranty that the Stock broker’s IBT Service will be available to the Client at all times without any interruption.
10. The Client shall not have any claim against the Exchange or the Stock broker on account of any suspension, interruption, non-availability or malfunctioning of the Stock broker’s IBT System or Service or the Exchange’s service or systems or non-execution of his orders due to any link/system failure at the Client/Stock brokers/Exchange end for any reason beyond the control of the stock broker/Exchanges.
Privacy Policy
All personal information, which is gathered and stored through this site, shall be governed by these terms laid out by OROBORO
1. We capture personal information about the proposed user while registering with OROBORO for Opening of account for Online Trading and Accounts Access.
2. The information is used for promptly identifying you and to attend personally to your specific requests.
3. On a successful registration, you are eligible to log in and access the facilities
Disclosure of Information
1. We will hold your personal information confidentially and will preserve it. We will not sell or rent the information to anyone.
2. In case of a compulsion to share your information, we shall obtain your prior consent and the information shall be shared with only those people or companies who are authorized by you to do so.
Security
We have a policy of using password and hence the account information is protected.
Amendments Rights
OROBORO reserves the right to change the contents of the privacy policy from time to time. Any predominant change in the manner of usage of the personal information shall be notified in this site. We welcome your suggestions and queries.
Disclaimer
This Disclaimer governs the use of this site and constitutes the terms and conditions for our providing information on this site. Using this site constitutes your acknowledgment that you have read this Disclaimer and that you accept and will be bound by the terms hereof.
This website and all the accompanying files are without warranties as to performance or commercially fit information or accuracy or timeliness or completeness or any other warranties whether expressed or implied. However OROBORO will endeavor to keep all information updated on an online basis.
OROBORO is not liable for any technical failure or malfunctioning of the software or delays of any kind. We are also not responsible for non-receipt of registration details or emails. Users shall bear all responsibility of keeping the password secure. OROBORO is not responsible for the loss or misuse of the password .In case of any objections please write to: vertex@vertexbroking.com
All proprietary rights in the information received shall remain the property of OROBORO, redistribution and transmission of any information contained on the web site are strictly prohibited.
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