Privacy Policy

RISK AND COLLATERAL MANAGEMENT:

Trainersstocks has an online real time basis risk monitoring system for each client. If on a real time basis, at any time during the day (including pre opening gaps) the losses(mark to market) exceed more than 80% of the client’s total deposits, Trainersstocks shall initiate the square off of the position of the client on a real time basis without even informing the client. (Eg. A derivative contract worth Rs 100 requires Rs 20 as margin for carried forward trade or lesser if the trade is for intraday, as the case may be, if at any point of time during the day, price fluctuates more than 16% or more, which means that 80% of the deposit amount is wiped out, (i.e. 20 *80/100= 16) Trainersstocks RMS team in such cases will square off the position) Such eventuality may be rare but often happens in financial markets and therefore it is not feasible to inform the client about auto square off being undertaken by SAMCO’s RMS team. Such huge volatility should not be construed as normal volatility and such losses have to be replenished immediately otherwise the position will be squared off subject to 80% condition. Clients should not wait for next day to settle such margin calls on the positions on the pretext that this falls under daily settlement process. There is a difference between daily settlement which is nothing but generally average historic volatility and extraordinary volatility which needs to be replenished immediately, daily settlement price can be paid next day morning but losses beyond average historic volatility or in other words extraordinary large loss has to be replenished on an immediate and real time basis otherwise Trainersstocks’s RMS team will square off if losses exceed 80% of the deposits at any given time. Such losses shall be of the client and Trainersstocks in no way will be held responsible. The client therefore in general is advised to maintain more margins than is required by the Exchanges for his/her safety due to such black swan movement (means massive or abnormal volatility either intraday or due to overnight events) in the prices of the securities. Trainersstocks shall endeavor to close out the position once 80% losses of the deposits are triggered but, Trainersstocks in no way, guarantees that the losses will be squared off at such percentage, in reality, it can be more or less. (Eg. Continuing from the above example if the price of derivative contract moves quickly by 20% without giving an opportunity to Trainersstocks’s RMS team to square off at Rs 16 i.e. at 80% but eventually the square off happens at Rs 20, then the client is liable to deposit Rs 4 as the loss amount due to adverse price movements)

TRADING RESTRICTIONS:

Restrictions in certain Securities shall be done periodically by RMS Team. Trainersstocks shall from time to time classify a list of securities which are illiquid as per the list of illiquid securities notified on a periodic basis by the Stock Exchanges concerned and / or based on such internal criteria as Trainersstocks may deem fit. Trainersstocks reserves the right to refuse execution of any transaction requests of the Client on such illiquid securities or to reduce the open market interests of the Client in such securities. Trainersstocks also reserves the right not to allow any trades or transactions in respect of certain securities or segments or orders/requests which may be below / above certain value / quantity as may be decided by Trainersstocks from time to time. Trading in Illiquid Scrip may be restricted as per management directives. RMS Team will closely monitor such type of transactions. Such list of illiquid stocks is updated on the website. In F&O segment no new position will be permitted in Ban Period securities. Penalties if any due to such transactions if initiated by the client shall be borne by the client solely.

ONLINE PAYMENT:

Trainersstocks shall give credit to client accounts when it receives the payment advice from IMPS, Payment Gateway, UPI, Phone pay, google pay gateways . Credit limits will be given only on confirmation which generally takes time because Trainersstocks has no control over banks or payment gateways. Delays if any in receiving payments by Trainersstocks and thereby causing a consequential loss to the client either due to Trainersstocks’s RMS auto square off policy or otherwise shall be sole responsibility of the client, Trainersstocks in no way shall be held responsible for the delay of any third party payment systems. Trainersstocks shall not process payouts on bank holidays although exchanges may remain open for trading. All ledger debits are liable for payment of interests to Trainersstocks in addition to any penalties that are levied by the exchanges.

TRAINERSSTOCK’S RIGHT TO SQUARE OFF:

Without prejudice to Trainersstocks's other rights (including the right to refer a matter to arbitration), in the event of the Client failing (Trainersstocks is not obligated to inform as it operates an online system wherein clients are expected to monitor their positions on a real time basis through Trainersstocks’s mobile and desktop trading terminals) to maintain/supply applicable margin money plus mark to market losses on a real time basis required to sustain the outstanding market positions , Trainersstocks shall be entitled, at its option and liberty, to liquidate/ close out all outstanding market positions or any part thereof such that the outstanding market positions are either zeroed out or reduced to an extent where available margin covers the market positions remaining after such square off. The Client understands and accepts that authority of Trainersstocks to square off outstanding market positions of the Client in the event the Client fails to furnish market to market losses/margin money immediately suo motto qua the entire outstanding position and the Client shall not, as a matter of right, be entitled to reduction of the outstanding positions in stages in order that positions to the extent of available margin are retained in the Client's account. Trainersstocks may also sell off all or any securities of the Client lying with Trainersstocks as collateral or otherwise, for any amounts due by the Client and adjust the proceeds of such liquidation/close out against the client's liabilities/obligations to Trainersstocks. Any and all losses and financial charges on account of such liquidation/closing-out shall be charged to and borne by the client. Such liquidation/ close out may be without any prior reference or notice to the client. Client shall keep and hold Trainersstocks indemnified and harmless from any loss arising out of such closing out/squaring off. Such liquidation or close out of positions shall apply to any segment in which the Client does business with Trainersstocks. It shall be the duty of the client to be self vigilant and adequately replenish/deposit the margins and mark to market losses on a immediately basis which are calculated on a real time basis by Trainersstocks.

SYSTEM/NETWORK CONGECTION RISK:

Trading on the Exchange is in electronic mode, based on satellite/ leased line communications, combination of technologies and computer systems to place and route orders. Thus, there exists a possibility of communication failure or system problems or slow or delayed response from system or trading halt, or any such other problem/glitch including delayed or missed OTPs whereby not being able to establish access to the trading system/network, which may be beyond the control of and may result in delay in processing or not processing buy or sell orders either in part or in full. You are cautioned to note that although these problems may be temporary in nature, but when you have outstanding open positions or unexecuted orders, these represent a risk because of your obligations to settle all executed transactions. The losses if any arising out of such systems/network risk shall be of the client alone.

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 Trainersstocks trading 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 Trainersstocks /Exchanges Charts are formed using limited tick data (multi cast data) whereas the number of ticks recorded on the exchange are tick by tick (unicast) which are far more higher thus there may arise a perceived difference on the price action observed on the chart and that of actual price action on the exchange. Trainersstocks has zero control on such data feeds and is totally dependent on external sources to receive such feeds. Therefore charts may not truly capture all the price actions transpiring on the exchanges.

“The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us. ”

POWER OF ATTORNEY:

Clients who have opened their trading accounts online are expected to send the POA in hard copy for demat account within 30 days to Trainersstocks’s office otherwise Trainersstocks shall at its discretion stop OTP facility for selling the shares on delivery basis and the client in that case will have to then manually (or courier) come to Trainersstocks’s office to deposit DIS (delivery instruction slip).

DORMANT CLIENTS RMS:

Team will update the dormant client list (inactive from more than 12 months) & restrict their trading rights. Activation of such clients will be done as per Dormant Client policy.

PAY-IN & PAYOUT OF FUNDS & SECURITIES:

Third party pay-in of funds & securities will not be accepted. Same way payout of shares and fund will be directly done to client account only. No securities belonging to one client be used/transferred for other client or for Own purpose. Securities sold by client on intraday basis which for whatsoever reasons are not squared off, then such losses, on account of price difference between the selling price and auction purchase price shall be on the account of the client alone and Trainersstocks shall not, in any way, be responsible for such losses. Client initiating buy today and sell tomorrow strategy is prone to security shortage risks which eventually, if any, will result into losses on account of difference in auction price and client’s original trade price, the losses arising on such transactions shall be of the client’s account and Trainersstocks in no way is responsible for any such losses.

Use of information and materials Trainersstocks makes best endeavour to ensure that it uses current, reliable, comprehensive information and obtain such information from sources which are believed to be reliable. However, such information has not been independently verified by Trainersstocks and no representation or warranty, express or implied, is made as to the accuracy or completeness of any information obtained from third parties. The information, opinions, views expressed in the Platform will be those of the independent research analysts as at the date of publishing the reports which are subject to change with passage of time or when new material is available and they do not represent to be an authority on the subject. Trainersstocks may or may not subscribe to any and/ or all the views expressed herein. The information provided by Trainersstocks is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Trainersstocks and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this information in certain jurisdictions may be restricted by law, and persons in whose possession this information comes, should observe, any such restrictions. The information given on this Platform is as of the date of dissemination and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Trainersstocks reserves the right to make modifications and alterations to this statement as may be required from time to time. Trainersstocks or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in the Platform. Neither Trainersstocks nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information provided in the Platform. Trainersstocks’s proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed in the Platform. Past performance is not necessarily a guide to future performance. The disclosures of interest statements incorporated in the Platform are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the Platform. The information provided in the Platform remains, unless otherwise stated, the copyright of Trainersstocks. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Trainersstocks and may not be used in any form or for any purpose whatsoever by any party without the express written permission of Trainersstocks.

Disclaimer for Information and Materials: Trainersstocks and its associates, officer, directors, and employees, research analyst (including relatives) may: (a) from time to time, have long or short positions in, and buy or sell the Securities, mentioned herein or (b) be engaged in any other transaction involving such Securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Trainersstocks may have proprietary long/short position in the above mentioned securities and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor/trader; clients/users are requested to take independent professional advice before investing/trading. This should not be construed as invitation or solicitation to do business with Trainersstocks. Trainersstocks or its associates may have received compensation from the subject company in the past 12 months. Trainersstocks or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Trainersstocks or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Trainersstocks or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Research analyst or his/her relative or Trainersstocks’s associates may have financial interest in the subject company. Trainersstocks and/or its Group Companies, their Directors, affiliates and/or employees may have interests/ positions, financial or otherwise in the Securities/Currencies and other investment products mentioned in the Platform. Trainersstocks, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Trainersstocks’s analyst may have served as an officer, director or employee of subject Company. Trainersstocks or its Associates may have actual / beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of the information on the Platform. 
Trainersstocks’s analyst or his/her relative may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of the publication of the information on the Platform. Subject Company may have been client during twelve months preceding the date of publication of the information on the Platform. Trainersstocks’s analyst certifies that all of the views expressed on this Platform accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed herein in the Platform. 
Trainersstocks disclaims any obligation to update or correct or provide accuracy in information / content contained in any of the sections on the Platform, whether arising as a result of financial, business or any other developments. The information in any or all of the sections of the Platform is updated by Trainersstocks on a periodic basis and is uploaded as on a particular date, which may not be the current /latest date. Hence this information may not be an accurate representation of the actual filings, press releases, earnings releases, financials, industry news, stock quotes, etc.

By agreeing the Terms & Conditions, you authorize Trainersstocks & its representatives & agents to provide information about various products, offers and services provided by Trainersstocks through any mode including telephone calls, SMS, letters, emails etc. you confirm that laws in relation to unsolicited communication referred in “National Do Not Call Registry” as laid down by “Telecom Regulatory Authority of India” will not be applicable for such information/ communication. 
Whilst every care has been taken in preparing, aggregating, collating the information / materials contained / published on the Platform, such information/materials are provided "as is" and “as available” basis without any representation and warranty of any kind, either express or implied. In particular, no representation or warranty regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer/Mobile viruses is given in connection with such information/materials.

Indemnification: You agree to indemnify, defend and hold Trainersstocks including its officers, directors, employees, affiliates or representatives harmless from any claim or action (including legal expenses) arising out your use of the Platform in any manner, your breach of this agreement and violation of any third party’s intellectual property rights.

Application of Contents and their Usage Apart from the content available on the Third Party websites and the content generated by the Users/Client, the content on the Platform and the interpretation of data are solely the personal views of Trainersstocks’s analysts and/or third party expert contributors. We reserve the right to review such content to determine whether it is illegal or violates our policies, and we may remove or refuse to display content that we reasonably believe violates our policies. But that does not necessarily mean that we review content, so please don’t assume that we do.. Users/clients are advised to use the data for the purpose of information only and rely on their own judgement while making investment/trading decisions. The investments/trading ideas discussed or recommended may not be suitable for all investors/traders. Trainersstocks does not warrant the timeliness, accuracy or quality of the Platform content. 
The content of the Platform cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed for any non-personal use without obtaining prior permission from Trainersstocks. We reserve the right to terminate the accounts of Users/Clients, who violate the proprietary rights, in addition to initiating any necessary legal action. 
Trainersstocks and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Trainersstocks is not responsible for any technical failure or malfunctioning of the Platform or delays of any kind. 
We are also not responsible for non-receipt of registration details or e-mails. Users shall bear all responsibility of keeping the password secure. Trainersstocks is not responsible for the loss or misuse of the password.

Our Content Unless otherwise specified, the content and information contained within our Platform or delivered to you in connection with your use of our Platform is the property of Trainersstocks). The trademark, trade names, logos and content(s) (the "Content") that are used and displayed on our Platform include registered and unregistered Content of ours. Nothing on our Platform should be construed as granting any license or right to use any Content displayed on our Platform. We retain all proprietary rights on our Platform. Users are prohibited from using the same without written permission of Trainersstocks of such or of such other third parties. The materials on this Platform constitute works in which intellectual property rights (including those in the nature of copyrights) subsist, are protected by intellectual property laws and no part of such materials may be modified, reproduced, stored in a retrieval system, transmitted (in any form or by any means), copied, distributed, used for creating derivative works or used in any other manner for any purposes whatsoever without the prior written consent of Trainersstocks.

Third Party Trademark & Copyright Other brands, trade names, logos or content used on the Platform may be owned and/or proprietary to their respective owners and should be treated as such, We in no way want to infringe or claim or abuse their rights. We have duly acknowledged all the third-party sites/source from where our Platform has accessed information but since it is an automated system driven process it may so happen that the system misses to provide third party links or acknowledge or wrongly acknowledges the content owner. Similarly users of the Platform are permitted to upload, share and distribute content created by them and such content is not necessarily monitored by Trainersstocks, though the terms and conditions with regard to what content may be uploaded has been set out herein. Errors, if any, in respect of the aforementioned content should be brought to our attention and we will rectify the error so committed at the earliest possible opportunity. Using our Services does not give you ownership of any intellectual property rights in our Services or the content you access. You may not use content from our Services unless you obtain permission from its owner or are otherwise permitted by law. These terms do not grant you the right to use any branding or logos or trademarks used in our Services. Don’t remove, obscure, or alter any legal notices displayed in or along with our Services. Our Services display some content that is not Trainersstocks’s. This content is the sole responsibility of the entity that makes it available. We may review content to determine whether it is illegal or violates our policies, and we may remove or refuse to display content that we reasonably believe violates our policies or the law. But that does not necessarily mean that we review all content, so please don’t assume that we do. Trainersstocks’s crawlers and automated softwares continuously crawl across the internet to locate and analyze relevant information which is aggregated, collated and indexed for our users on our platform however if anyone does not want us to display their contents/information/data/news they should specifically put instructions in their “meta-tags” within their computer code(HTML) which enables our crawlers and automated softwares to know that such website(s) should not be crawled absent which, such third party websites/data/information/news providers have impliedly consented by their conduct to allow us to crawl aggregate collate and index their data/information/news. Some of our Services are available on mobile devices. Do not use such Services in a way that distracts you and prevents you from obeying traffic or safety laws.

About the Terms: Trainersstocks may modify these terms or any additional terms that apply to the Platform to, for example, reflect changes to the law or changes to our Platform. You should look at the terms regularly. We’ll post notice of modifications to these terms on this page. We’ll post notice of modified additional terms as applicable in the Platform. Changes will not apply retroactively and will become effective no sooner they are posted. However, changes addressing new functions for a Platform or changes made for legal reasons will be effective immediately. If you do not agree to the modified terms for a use, you should discontinue your use of the Platform. If there is a conflict between these terms and the additional terms, the additional terms will control for that conflict.

These terms control the relationship between Trainersstocks and you. They do not create any third party beneficiary rights. 
If you do not comply with these terms, and we don’t take action right away, this doesn’t mean that we are giving up any rights that we may have (such as taking action in the future).

Jurisdiction: The terms of this agreement are exclusively based on and subject to Indian law. You hereby submit to the exclusive jurisdiction and venue of courts in Bhopal, India for any and all disputes arising out of or relating to the use of this Platform. The Platform is for the exclusive purpose of transactions to be carried out within the territorial jurisdiction of India and all such transactions shall be governed by the laws in India. Notice is hereby given that Non Resident Indians (NRI's) and Foreign Nationals accessing the Platform and opting to transact thereon shall do so after due verification at their end of their eligibility to do so. Trainersstocks undertakes no responsibility for such pre-eligibility of qualification on part of Non-Resident Indians (NRI's) or Foreign Nationals to transact on this Application.

Conflict Resolution: Any dispute or difference between the parties arising out of or in connection to this agreement, including but not limited to performance, termination, or breach thereof, that cannot be settled first through mutual negotiation by the parties shall be resolved in accordance with the arbitration procedures stipulated under the Arbitration and Conciliation Act, 1996.

The arbitration proceeding shall be conducted through a sole Arbitrator appointed in accordance with the Arbitration and Conciliation Act, 1996. The proceedings shall be conducted in English language and the seat of arbitration shall be Bhopal, India. Subject to the arbitration clause above, the courts in Bhopal shall have exclusive jurisdiction to try, entertain and dispose of any applications or proceedings which arise out of such aforementioned disputes or differences. 
If it turns out that a particular term is not enforceable, this will not affect any other terms. 
The users/clients acknowledges that market investment/trading are subject to risk and there can be significant chance of loss in the market environment and also acknowledges and accepts that past performance is not indicative of future returns. Any loss or damage to the users/clients shall not be the responsibility or liability of Trainersstocks and that shall solely be the responsibility of the user/client.

Termination We reserve the right, at our discretion, to immediately, with or without notice, suspend or terminate your registration on the Platform and/or your access to all or a portion of the Platform and/or remove any registration information or user content from the Platform, for any reason. Upon termination or expiration of this agreement, your obligations and Trainersstocks’s rights and disclaimers survive, but your right to use the Platform immediately ceases. Any express waiver or failure to exercise promptly any right under the agreement will not create a continuing waiver or any expectation of non-enforcement. 
I agree with the terms and Conditions set out above in total and agree to abide by the same. 
This agreement shall come into effect from the date it is accepted electronically by the user/client or upon you using the Platform, whichever is earlier. 
Accepted Electronically by Trainersstocks and the User/Client. 
Place: Bhopal