Last updated: June 22, 2025
This Technology & Data Disclaimer (“Disclaimer”) governs your use of the Abra Securities website, trading platform, APIs, data feeds, analytics tools, and any associated software or technology services (collectively, the “Services”). By accessing or using the Services in any manner, you agree to the terms set forth below and acknowledge the inherent limitations and risks associated with technology and data provision.
1. “As-Is” Provision of Technology
1.1 No Warranty of Availability or Uptime
- The Services are provided on an “as-is, as-available” basis. While Abra Securities endeavors to maintain high‐availability systems, we do not guarantee uninterrupted access, error-free performance, or 100% uptime. Scheduled maintenance, system upgrades, third-party vendor outages, network congestion, and force majeure events may cause temporary service unavailability.
1.2 No Warranty of Fitness for a Particular Purpose
- Our platforms, tools, and data feeds are designed to support institutional trading workflows. However, we make no representations or warranties that the Services will meet your specific requirements, be compatible with your hardware or software environment, or be error-free.
2. Market Data Accuracy & Timeliness
2.1 Third-Party Data Sources
- Price quotes, market depth, volume metrics, order-book snapshots, implied volatility surfaces, and related analytics may be sourced from third-party exchanges, data aggregators, or index providers.
2.2 Potential for Errors and Delays
- Feed interruptions, latency, transmission errors, data vendor outages, or post‐trade corrections by exchanges can result in stale, delayed, or inaccurate data being displayed in the Services.
2.3 No Guarantee of Data Completeness
- We do not guarantee that every market event, quote update, or trade execution will be captured or reflected immediately. Data gaps or discrepancies may occur, especially during periods of extreme market volatility or exchange system stress.
2.4 User Responsibility for Verification
- All information presented via the Services should be independently verified before making any trading or investment decision. You are responsible for validating critical price or execution data through multiple sources, where necessary.
3. Platform Security & Integrity
3.1 Security Measures
- The Services incorporate industry-standard security protocols, including encryption in transit (TLS 1.2+), multi-factor authentication, role-based access controls, and continuous monitoring.
3.2 No Absolute Immunity
- Despite comprehensive safeguards, no system is impervious to cyberattacks, zero-day exploits, insider threats, or social engineering. Abra Securities disclaims liability for any unauthorized access, data breach, or misuse of the Services resulting from factors beyond our reasonable control.
3.3 User Obligations
- You must protect your credentials, use unique, strong passwords, enable multi‐factor authentication, and immediately report any suspected security incident. Failure to secure your access credentials may result in unauthorized transactions or data exposure, for which Abra Securities will not be liable.
4. API & Integration Disclaimer
4.1 API Availability
- Application Programming Interfaces (“APIs”) are subject to rate limits, version changes, deprecation policies, and maintenance windows. We reserve the right to modify or discontinue any API endpoint, including changes to request/response structures, without prior notice.
4.2 Integration Risks
- When integrating our APIs with your systems, you assume responsibility for handling authentication, error-handling, retry logic, and data reconciliation. Abra Securities disclaims liability for losses arising from improper integration, misconfiguration, or failure to account for edge cases.
4.3 Data Usage Limits
- Free or standard API tiers may impose daily or per-minute call limits. Excessive usage may trigger throttling or additional fees. It is your responsibility to monitor usage and upgrade to the appropriate tiers.
5. Analytics & Algorithmic Tools
5.1 No Guarantee of Predictive Accuracy
- Analytical models, back-tested strategies, risk-metrics dashboards, and signal-generation tools are provided for informational purposes. They are not infallible indicators of future market behavior.
5.2 Backtest Limitations
- Historical performance results and simulations may not reflect real-time market conditions, slippage, transaction costs, or changing market dynamics.
5.3 No Financial Advice
- Algorithmic recommendations, automated alerts, or “signal” features do not constitute financial, investment, or trading advice. You retain full responsibility for any decision made based on these tools
6. Mobile & Third-Party Device Disclaimer
6.1 Device Compatibility
- Mobile applications and web interfaces may behave differently across device types, operating systems, and browser versions. Abra Securities does not guarantee uniform performance or feature parity across all platforms.
6.2 App-Store Policies
- Mobile apps distributed via third-party app stores are subject to the policies and terms of those platforms. Abra Securities is not responsible for app store availability, updates, or any charges imposed by those platforms.
7. Limitation of Liability
7.1 Technology-Related Damages Exclusion
- To the maximum extent permitted by law, Abra Securities and its affiliates, officers, directors, employees, or licensors shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from:
- Your access to or use of, or inability to access or use, the Services;
- Any unauthorized access to or alteration of your transmissions or data;
- Any interruption or cessation of transmission to or from the Services;
- Any bugs, viruses, Trojan horses, or the like in the Services;
- Any errors, omissions, or inaccuracies in the Services or data;
- Any content obtained through the Services;
- Any loss of profits, business interruption, or loss of data.
7.2 Cap on Liability
- Our aggregate liability for all claims arising out of or relating to this Disclaimer or the Services shall not exceed the total fees paid by you to Abra Securities for the affected Services in the three months preceding the event giving rise to the claim.
8. Amendment & Notice
8.1 Right to Amend
- We may revise this Technology & Data Disclaimer at any time by posting an updated version on our website. The “Last updated” date reflects the effective date. Continued use of the Services after any changes constitutes acceptance of the revised Disclaimer.
8.2 Notices
- We may provide notifications regarding service interruptions, planned maintenance, or significant updates via email or platform-embedded alerts. It is your responsibility to ensure your contact information is up to date and to monitor such communications.
By using Abra Securities’ technology and data services, you acknowledge that you have read, understood, and agreed to this Technology & Data Disclaimer in its entirety.
