Terms and Conditions

01Agreeing to these terms

By using quantnifty.com, sending us an enquiry, or engaging us for work, you accept these terms. If you do not accept them, please do not use the site or contact us for services.

Where we sign a separate written agreement, statement of work or quotation with a client, that document governs the specifics of the engagement. These terms fill in everything it does not cover, and the risk and regulatory sections below apply in every case regardless of what any other document says.

02What QuantNifty actually is

QuantNifty is a software engineering and consulting practice. We write, test and automate trading systems to a client's own specification. That is the entire business.

Typical work includes turning a discretionary rule into production code, building and validating backtests with realistic costs, building live execution and risk plumbing, and building machine learning research tooling around all of it.

Our role is that of an independent contractor supplying software. We are not your adviser, your agent, your fiduciary, your broker or your partner, and nothing in our dealings creates any of those relationships.

03Not advice, not SEBI registered

If you want a personal recommendation about what to trade or whether a strategy suits your circumstances, that is exactly the service a SEBI-registered Investment Adviser or Research Analyst provides, and you should engage one. We can build the software; we cannot and will not tell you to trade it.

04Risk disclosure

Beyond that general warning, these specific risks apply to the kind of systems we build:

• Short volatility risk. Strategies that sell options collect small, frequent gains and are exposed to occasional large, fast losses. A single gap or volatility shock can undo months of accumulation.
• Pledged collateral risk. If you pledge shares or ETFs to raise trading margin, those holdings become collateral. Losses in the derivatives account, or a fall in the value of the pledged securities, can trigger a margin call and the sale of holdings you intended to keep. The double engine idea described on our homepage does not make this risk disappear; it puts a second exposure on top of an existing one.
• Execution risk. Slippage, partial fills, latency, order rejection, broker downtime, exchange halts and internet failure all produce outcomes a backtest never sees.
• Regime risk. A strategy that worked across one period can stop working when volatility, liquidity, expiry structure, lot sizes, margin rules or taxes change. Indian index derivatives have seen all of these change repeatedly.
• Model and software risk. Software has bugs. Data has errors. A validated system can still fail in a way nobody anticipated.

You should trade only capital you can afford to lose entirely, and you should size positions to a drawdown you can genuinely sit through rather than one that looks acceptable on a chart.

05How to read the performance figures

Every performance number on quantnifty.com, and in any report we produce unless it is explicitly labelled otherwise, is backtested. It is a simulation over historical data, not a record of money made.

Our backtests apply 0.2% slippage on both entry and exit, full statutory charges including STT, stamp duty, exchange transaction charges, SEBI turnover fees and GST, and real expiry calendars including the weekday changes the exchanges have made. That makes them more honest than most published figures. It does not make them a track record.

Hypothetical results carry limitations that no amount of care removes:

• They are prepared with the benefit of hindsight over a period whose outcome is already known.
• They do not involve financial risk, so they cannot reflect how a real operator behaves during a drawdown.
• They cannot fully account for liquidity at the moment of a real order, or for the market impact of that order.
• Any strategy selected after searching a large parameter space carries a risk of overfitting, however carefully it is validated.

Past performance, whether actual or simulated, does not indicate or guarantee future results. Live results will differ, and there is no assurance that any strategy will be profitable or avoid substantial losses.

06Apex, Alpha and Whale

The three algos shown on our homepage are proprietary systems we built and run on our own capital. They appear on the site to demonstrate engineering capability and nothing more.

They are not offered for sale, subscription, licence, franchise or distribution. We do not provide their signals, their code or their parameters. We do not operate them for anyone else. Any suggestion that you can buy access to them, from us or from a third party claiming to represent us, is false.

07Engagements and deliverables

Work is scoped and quoted before it starts. A quotation sets out what will be built, what it will cost, and roughly how long it will take. We may decline work, including work we consider unsound, unsafe or outside our competence.

Deliverables normally consist of source code, a backtest report and documentation. Where live execution is in scope, that includes broker integration and the risk plumbing around it: stop-loss placement, fill confirmation, order repricing, spike detection and a kill switch.

Timelines are estimates made in good faith. Market data availability, broker API behaviour and changes you request during the project all affect them.

We do not promise that anything we build will be profitable. We promise that it will do what the specification says it does, tested honestly. Those are different promises, and only the second one is ours to make.

08What you are responsible for

• The decision to trade. Whether to deploy a system, with how much capital, and for how long, is entirely yours.
• Your accounts and credentials. Your broker relationship, your API keys, your funds and the security of all of it.
• Monitoring. Automated systems fail. Someone has to be watching, and that someone is you.
• Compliance. Your own regulatory, tax and reporting obligations, including any that apply because you are trading through an automated system. Where an exchange or broker requires algorithm approval or registration, obtaining it is your responsibility.
• Suitability. Deciding, with a registered adviser if you need one, whether any of this is appropriate for your circumstances.

09Intellectual property

What you bring stays yours. A trading idea, rule set or specification you give us remains your property, and we will not resell it or hand it to anyone else.

What we bring stays ours. Our internal frameworks, backtesting infrastructure, execution libraries, research tooling and general know-how remain our property, including anything of that kind used in delivering your project. You get a perpetual licence to use them as embedded in your deliverable.

Ownership of custom code written specifically for you transfers on full payment, unless a written agreement says otherwise.

The contents of this website, including its text, design, charts and the QuantNifty name and mark, belong to us. Do not reproduce them commercially without permission.

10Confidentiality

We treat what clients tell us as confidential, and we expect the same in return. Neither side will disclose the other's non-public information without consent, except where a law or regulator requires it.

We will not name you as a client or describe your strategy publicly without your written permission.

11Fees and payment

Fees are quoted per engagement, in Indian rupees, and are exclusive of applicable taxes. Payment terms are set out in the quotation. We do not charge performance fees, profit shares or any fee linked to your trading outcome, because doing so would change the nature of the relationship into something we are not registered to provide.

Fees are for work performed. They are not refundable on the basis that a delivered system did not make money.

12Limitation of liability

To the fullest extent permitted by Indian law:

• We are not liable for trading losses of any kind, whether arising from a system we built, from this website, or from anything we said or wrote.
• We are not liable for indirect, incidental, special, punitive or consequential losses, including lost profits, lost opportunity or lost data.
• We are not liable for failures of third parties outside our control, including brokers, exchanges, data vendors, hosting providers and internet connectivity.
• Our total aggregate liability for any claim arising out of an engagement is capped at the fees you actually paid us for that engagement.

Nothing here excludes liability that cannot lawfully be excluded, including liability for fraud.

13No warranty of profit

The website and everything on it are provided as is. We make no warranty, express or implied, that any strategy, system, figure or piece of software will be profitable, will perform as it did in testing, will be uninterrupted, or will be free of defects.

Nobody at QuantNifty is permitted to guarantee you a return. If you are ever told otherwise, in writing or in conversation, that statement is unauthorised and void.

14Termination

Either side may end an engagement in writing. You pay for work completed up to that point; we hand over what has been built and paid for. The sections on risk, intellectual property, confidentiality, liability and governing law survive termination.

15Using this website

You may read, share and link to this site freely. You may not scrape it at a volume that degrades service, attempt to breach its security, misrepresent yourself as associated with QuantNifty, or reproduce its content commercially.

External links, such as those to LinkedIn or WhatsApp, are provided for convenience. We are not responsible for what sits on the other end of them.

How your information is handled is set out separately in our Privacy Policy.

16Governing law

These terms are governed by the laws of India. Any dispute is subject to the exclusive jurisdiction of the competent courts in India.

We may update these terms. The effective date at the top of the page changes when we do, and continuing to use the site or our services after that means you accept the revised version. If any provision is found unenforceable, the rest continues to apply.

17Contact

Questions about these terms go to Anuj Baid, Proprietor, QuantNifty, on WhatsApp at +91 96014 43663 or by email at quantnifty.info@gmail.com.