Disclaimer
The information provided on this website is for informational and educational purposes only. While we strive to ensure the accuracy and reliability of the content, we do not guarantee its completeness or suitability for any specific purpose. All information is provided "as is" and is used at your own risk. Openbook Analytics Ltd does not provide financial advice, and nothing on this platform should be interpreted as a recommendation to buy or sell any investment. Content shared in community sections represents user opinions only and does not reflect the views of Openbook Analytics Ltd. We reserve the right to moderate or remove content at our discretion.
1. Agreement
This website, applications, and services (together, the "Platform") are operated by Openbook Analytics Ltd ("openbook," "we," "us," or "our"). By using the Platform, you agree to these Terms of Use ("Terms") and our Privacy & Cookie Policies. If you do not agree, do not use the Platform.
You affirm that you are 18 years or older. The Platform is not intended for anyone under 18.
2. Changes
We may change these Terms, the Platform, or any feature at any time. Continued use after changes constitutes acceptance. Check back regularly.
3. Securities & Investment Disclaimer
- No financial advice. All Platform content is educational and informational only. Nothing constitutes a recommendation, endorsement, solicitation, or personalised advice regarding securities, portfolios, strategies, or financial products.
- Not regulated. openbook is not authorised by the Financial Conduct Authority (FCA) or any similar regulator.
- Impersonal content. Even if content appears advisory, it is impersonal, not tailored to you, and not a substitute for professional advice.
- Conflicts. Bloggers, contributors, or users may write about securities in which they hold positions, without disclosure. You should verify all information independently and not assume the author's financial interests have been disclosed. Treat all content contributed to this website by external parties as potentially conflicted.
- Past performance is not indicative of future performance. Historical performance, backtests, or model results are not guarantees of future performance.
4. No Professional Advice
The Platform does not provide tax, legal, accounting, insurance, financial or investment advice. You alone are responsible for evaluating suitability and risks. Nothing contained in the Platform or distributed by Openbook Analytics Ltd constitutes a recommendation, suggestion, or endorsement of any specific financial product, security, or investment strategy. You acknowledge that financial markets involve a high degree of risk and that the Content is not tailored to your personal financial situation. You should always seek independent, qualified financial, legal, and taxation advice from a licensed professional before making any investment decisions.
5. Intellectual Property
All openbook Content, openbook Data, software, graphics, and trademarks are the property of openbook or licensors. You may use them only for personal, non-commercial use. You acquire no ownership rights. All rights reserved.
6. User Conduct
You must not:
- Post or transmit unlawful, defamatory, misleading, abusive, or harmful content.
- Provide financial promotions, recommendations, or regulated advice.
- Upload viruses, spam, pyramid schemes, or malicious code.
- Scrape, harvest, data-mine, or use automated tools without consent.
- Impersonate others or misrepresent affiliations.
- Harass, threaten, or abuse others.
You must comply with all applicable laws, including anti-money laundering and counter-terrorist financing rules. We may request ID verification.
7. User Content
By posting, you grant openbook a worldwide, perpetual, royalty-free, transferable licence to use, reproduce, modify, adapt, publish, and distribute your content. You warrant you own the rights or have proper licences.
You must disclose any material interests or conflicts (e.g., if you hold or expect to trade a security you discuss).
We may remove, edit, or block content at our discretion. You indemnify us against claims arising from your content.
8. Third-Party Content & Links
The Platform may contain third-party data, links, ads, and tools. We do not control, endorse, or guarantee them. Use at your own risk. We may receive commissions from affiliate links or advertising.
9. Openbook Analytics Ltd. Data, Screens, Outputs & Quant Models
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Derived analytics. Scores, factor ratings, quant signals, and screens are algorithmic outputs derived by Openbook Analytics Ltd from third-party data sources. These are for informational and educational purposes only and must not be treated as personalized investment advice or a recommendation to execute a trade.
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Data limitations and accuracy. The data provided on the Platform is compiled from various market data providers and is subject to delays, errors, and incompleteness. Market data is often delayed by several minutes or more (depending on the data provider). Openbook Analytics Ltd does not guarantee the timeliness, accuracy, or completeness of any data. We are not responsible for any errors or omissions caused by exchange outages, technical failures, or data feed interruptions.
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User responsibility. You acknowledge that any reliance on Openbook Analytics' Data, outputs, or models is at your sole risk. You are solely responsible for evaluating the suitability and risks of any investment decisions made based on this information. Openbook Analytics Ltd does not assume liability for errors, omissions, or delays in data feeds or for any losses resulting from your reliance on the Platform.
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Hypothetical nature of backtests. Any simulated or backtested performance data presented on the Platform is hypothetical. It is based on historical data that has not been adjusted for trading costs, transaction fees, slippage, or market impact. Hypothetical results are subject to the fact that they are generally prepared with the benefit of hindsight. They do not represent actual trading and may be materially different from the actual results you would obtain if you executed trades in a real market environment.
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Past performance is not indicative of future results. Historical performance, backtests, or model results are not guarantees of future performance. Quantitative models may underperform or fail during periods of market stress, liquidity crises, or structural market changes. You should not base your investment decisions solely on the historical performance of a model.
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Screens vs. Execution. Screens and lists generated by the Platform are simply filters applied to data to identify potential candidates for research. They are not buy-lists or sell-lists, and they do not constitute an instruction to buy or sell securities.
9.1 Scores, Factor Ratings & Quant Signals
Any scores, factor ratings, and quant signals that we present are backed by a formula and/or data models and/or data that we also provide. In presenting a score or output in regard to an equity, we are presenting the output of a formula made available to you, and based on data available to you. Scores, factor ratings, and quant signals are for informational and educational purposes only and must not be treated as personalized investment advice or a recommendation to execute a trade.
10. Aggregated Data Analytics
We may process your data to generate aggregated analytics and statistical trends. This involves combining your data with data from other users to create anonymized insights for research and market analysis. We reserve the right to license or distribute these aggregated insights to third-party partners for their own research, marketing, or business intelligence purposes. We will never sell your individual personal data to third parties for commercial use; however, aggregated data that cannot be traced back to an individual user may be shared.
11. Disclaimers of Warranties
The Platform is provided "as is" and "as available." We disclaim all warranties, express or implied, including but not limited to:
- Merchantability, satisfactory quality, fitness for purpose, accuracy, completeness, non-infringement, and uninterrupted availability.
We do not guarantee security, error-free operation, or virus-free servers. You assume full risk for your use.
12. Limitation of Liability
To the maximum extent permitted by law:
- We are not liable for indirect, incidental, consequential, punitive, or exemplary damages, including lost profits, savings, data, goodwill, or business interruption.
- Our total liability to you in any 12-month period is capped at the greater of £0 and the subscription fees you paid us in that period, not exceeding £250.
- Nothing limits liability for death/personal injury caused by negligence, or fraud.
13. Indemnification
You agree to indemnify and hold harmless openbook, its directors, employees, affiliates, and partners from claims, damages, and costs (including legal fees) arising from your use of the Platform, your breach of these Terms, or your content.
14. Accounts, Subscriptions & Billing
- Accounts. One account per person. Do not share credentials. You are responsible for all activity under your account.
- Trials. If you do not cancel before the Trial ends, billing will commence automatically.
- Fees. Subscription fees are payable in advance and non-refundable, unless required by law.
- Renewals. Subscriptions renew automatically until cancelled.
- Cooling-off. By starting a Subscription immediately, you acknowledge you lose the 14-day cancellation right under UK consumer law.
15. Termination
We may suspend, restrict, or terminate your account at any time, without notice, for breach of Terms or at our discretion. You must not circumvent suspension (e.g., by creating new accounts).
16. Privacy & Cookies
Your use is subject to our Privacy Policy and Cookie Policy, which form part of these Terms.
17. Governing Law
These Terms are governed by the laws of Scotland. The Scottish courts have exclusive jurisdiction, though we may enforce rights in other jurisdictions.
18. Company Information
Openbook Analytics Ltd
Company number SC843579
Email: contact@openbookanalytics.com