You agree to the terms of service below, and the Terms of Use for Substack, the technology provider.
May 28, 2025
Terms of Service for Theta Relay
By TW ("Publisher," "we," "us," or "our")
Last Updated: May 30, 2025
CRITICAL DISCLAIMERS AND NOTICES
DATA SOURCE DISCLAIMER
Theta Relay accesses and utilizes third-party APIs and data sources ("Third-Party Services"). We do not own, control, or guarantee the accuracy, timeliness, or availability of these Third-Party Services. All market data, pricing information, and other content derived from Third-Party Services are subject to the terms, conditions, and limitations of those services.
Examples of such services may include, but are not limited to, market data aggregators and financial data APIs (e.g., Alpha Vantage).
SIGNAL AND INTERPRETATION NOTICE
The Publisher provides abstract data, patterns, and analytical outputs ("Data Products") that:
Are purely mathematical or statistical in nature
Represent historical or current market conditions
May correlate with market movements
Are not direct trading signals or recommendations
Are subject to Third-Party Service limitations and delays
May contain errors or inconsistencies from data sources
Users ("Users" or "you") explicitly acknowledge that:
Any interpretation of Data Products as trading signals is solely their decision
The transformation of Data Products into trading actions is entirely the User's responsibility
No specific trading outcomes are promised or implied
Data Products may be incomplete, delayed, or subject to technical limitations
Different users may interpret the same Data Products differently
HISTORICAL CONTENT NOTICE
1.1 Pre-Terms Content
All content published prior to May 28, 2025 ("Historical Content") is subject to the following:
Was provided for educational and informational purposes only
Should not be relied upon for current trading decisions
May contain outdated or inaccurate information
Was not intended as financial advice
Should be viewed as archived educational material only
1.2 Retroactive Acknowledgment
Users accessing Historical Content acknowledge that:
Market conditions have changed since publication
Historical Content may not reflect current market conditions
Any trading decisions based on Historical Content are entirely at the User's own risk
No representations about accuracy or completeness were made at time of publication
Publisher had no fiduciary duty to update or correct Historical Content
1.3 Ontario Securities Compliance
In accordance with Ontario securities regulations:
Historical Content was not intended as recommendations
No registration was claimed or implied under the Ontario Securities Act
Content was provided as market commentary only
Users in Ontario acknowledge no advisory relationship existed
AGREEMENT TO TERMS
By subscribing to, reading, or interacting with Theta Relay and its associated content, you agree to these Terms of Use. If you do not agree with these terms, please do not subscribe to, access, or use this publication.
1. Third-Party Services and Data Usage
1.1 Data Sources
Publisher utilizes various Third-Party Services for data collection and analysis
No guarantees are made regarding Third-Party Service availability
Publisher is not responsible for Third-Party Service errors or outages
Data may be delayed, inaccurate, or incomplete based on Third-Party Service limitations
1.2 Service Interruptions
Publisher is not liable for interruptions caused by:
Third-Party Service outages
API rate limiting
Data provider changes
Market data feed disruptions
Technical issues with data sources
2. Intellectual Property Rights
2.1 Third-Party Data Rights
Users acknowledge that market data and pricing information come from Third-Party Services
Users agree to comply with all Third-Party Service terms and conditions
Redistribution of Third-Party Service data is strictly prohibited
Storage and usage of data must comply with Third-Party Service requirements
3. Trading and Analysis Disclaimer
3.1 Abstract Data Provision
The Publisher provides Data Products that:
Are derived from Third-Party Services
May contain inherent delays or inaccuracies
Require independent verification
Are subject to market conditions and changes
3.2 User Interpretation Responsibilities
Users explicitly acknowledge that:
All trading decisions are independently made
No fiduciary relationship exists
Publisher is not acting as a financial advisor
Users must verify all data independently
Third-Party Service limitations affect data accuracy
4. Prohibited Activities
Users may not:
Create derivative works based on our methodologies
Use our analytical outputs to create competing services
Redistribute or store Third-Party Service data beyond personal use
Claim Data Products as direct trading signals
Represent that the Publisher provided specific trading advice
5. Limitation of Liability
5.1 General Limitations
Under no circumstances shall Theta Relay, TW, or any affiliated parties be liable for any direct, indirect, special, incidental, or consequential damages arising from:
Use of this publication
Trading decisions made based on our content
Market losses or gains
Data errors or omissions
Service interruptions
Third-Party Service issues
5.2 Third-Party Service Limitations
Publisher is explicitly not liable for:
Third-Party Service accuracy
Data delays or inconsistencies
Service outages or interruptions
Changes in Third-Party Service terms
Cost changes for data access
6. User Acknowledgments
Users explicitly acknowledge that:
Data Products are educational and analytical in nature
No fiduciary relationship is created
Publisher is not acting as a financial advisor
Publisher has no duty to update or correct Data Products
Users must independently verify all Data Products before trading
Third-Party Service limitations affect data quality
7. Subscription Terms
Subscription fees are non-refundable unless otherwise stated
We reserve the right to modify subscription pricing or terms
We may terminate subscriptions for violations of these Terms of Use
8. Privacy & Data
Subscriber information is never sold to third parties.
9. Modifications
We reserve the right to modify these Terms at any time. Continued use of Theta Relay after any updates constitutes acceptance of the new terms. Users are encouraged to review the Terms periodically.
10. Enforcement
Any violation of these Terms will result in:
Immediate termination of access
Potential legal action
Liability for damages
Recovery of legal costs
11. Governing Law and Dispute Resolution
These Terms are governed by the laws of the Province of Ontario, Canada. Any disputes arising from these Terms or the use of Theta Relay shall be resolved in the courts located in Ontario. Where possible, parties agree to attempt mediation or arbitration prior to litigation.
Contact
For questions about these Terms, contact the Publisher at:
📧 thetarelay@substack.com
ENHANCED DISCLAIMER NOTICE
THE DATA PRODUCTS PROVIDED ARE ABSTRACT ANALYTICAL TOOLS DERIVED FROM THIRD-PARTY SERVICES. ANY INTERPRETATION AS TRADING SIGNALS OR RECOMMENDATIONS IS SOLELY THE USER’S DECISION AND RESPONSIBILITY. THE PUBLISHER DOES NOT PROVIDE DIRECT TRADING SIGNALS OR INVESTMENT ADVICE. ALL TRADING DECISIONS AND THEIR OUTCOMES ARE THE EXCLUSIVE RESPONSIBILITY OF THE USER.
TRADING RISK NOTICE
TRADING OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL CONTENT IS PROVIDED FOR EDUCATIONAL PURPOSES ONLY.
By subscribing to or reading Theta Relay, you acknowledge that you have read, understood, and agreed to these Terms.
Last Updated: May 30, 2025
Publisher: TW
Publication: Theta Relay