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HISTORICAL CONTENT NOTICE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All content published prior to May 28, 2025 ("Historical Content") is subject to the following: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  • May contain outdated or inaccurate information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Users accessing Historical Content acknowledge that: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  • Historical Content may not reflect current market conditions

  • Any trading decisions based on Historical Content are entirely at the User's own risk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