Terms and conditions

1. GENERAL PROVISIONS FOR SIGMASTOCKS.COM

1.1 Welcome to Sigmastocks.com (hereafter “Sigmastocks”) provided by Sigmastocks AB (hereafter “we” or “us”).

1.2
Sigmastocks provides an investment analysis tool for portfolio management. The assembly of our share portfolios, which you can follow completely or partially, is based on the selections you make using the tool. The objective of the variables used is to give you the opportunity to select different portfolios of attractive stocks and to analysis how different strategies have performed historically. The selection of variables used is based on well-established research within the field of financial mathematics.

1.3
At Sigmastocks, you are given the possibility to save and survey the portfolios that you have created. The list below describes the functions you will receive through your membership at Sigmastocks.

  • As a User, you can create your own portfolio using the Sigmastocks investment analysis tool. You may choose between different markets and adjust your portfolio trough additional variables. You will be given access to your portfolio as soon as you have registered your account. Upon registration, you will gain access to information regarding which shares are included in the portfolios and how they are allocated.  
  • As a paying customer, you may save your portfolio and thereby access information concerning the continuous alterations made to the included shares and their distribution. Your portfolio will be updated daily according to current company and share price data and the portfolio updates you have chosen to make yourself.  
  • As a paying customer, you may also choose to make continuous savings using our savings function. The savings function calculates which shares may be bought at a specific time according to the current distribution of portfolio shares. You may decide if you want to receive notifications regarding your savings. The calculations of the savings function ensure that all shares are not bought at one single occasion and is programmed to eventually reach the portfolio distribution created according to your portfolio selection. 
  • Underlying data is updated at least once a day. 
  • Sigmastocks does not take any dividend in your share portfolio into consideration. Each customer may individually choose to re-invest the dividends in their portfolios.  
  • A certain time lag may occur regarding for example data, notifications and updates. However, most of the signals managing your shares selection are slow and thus rarely entail immediate business transactions. 

2. TERMS AND CONDITIONS

2.1 To become a customer as a private citizen, you must be at least 18 years old and authorised to enter legal agreements. Further, you must accept to be bound by these terms and conditions. Legal entities wishing to become customers must be represented by authorised persons entitled to sign for the firm, and further accept to be bound by these terms and conditions, which are to be entirely interpreted in the same manner as for private citizens. 

2.2 These terms and conditions, as well as other legal provisions available on Sigmastocks’ website, apply to your usage of Sigmastocks and the services provided. By registering as a customer, you accept to be bound by the prevailing version of this terms and conditions for Users (and any future updated versions), which inter alia includes;

(i) observing all applicable regulations and laws when using Sigmastocks and refraining from undertaking deceptive, harmful, discriminatory or otherwise illegal actions;

(ii) not improperly obtaining or attempting to obtain access to other member’s login information or any connected network and data resources, or through unauthorized access using, destroying, distorting or forwarding information from such sources;

(iii) not collecting other member’s content or User information, or otherwise gaining access to Sigmastocks or its services through automated methods (such as robots, spiders or scrapers);

(iv) not uploading viruses or other harmful software code or otherwise conducting actions that may inactivate, surcharge or impair the functions of Sigmastocks; and

(v) not to advertise or for commercial purposes market your own or anyone else’s services through Sigmastocks, without our written consent thereto.

3. REGISTRY AND PROCESSING OF PERSONAL DATA

3.1 The customer registration at Sigmastocks is carried out by means of our registry form. Different price plans give access to various functions of the tool. The following services are included in your purchase;

  • The purchasing tool, with access to different portfolio strategies and the standard functions of Sigmastocks.
  • Calculations concerning which shares should be purchased, based on the strategy choices you have made. Underlying data is updated at least once a day. 
  • The Sigmastocks savings function, where you may choose to receive continuous calculations of your savings as well as notifications concerning these. 

3.2
In conjunction with your registration as a customer, you must provide Sigmastocks with the personal information as requested in the registry form. You must also provide Sigmastocks with a valid E-mail address, see further under section 3.3.

3.3 The personal data, including your name, E-mail address, password and card credentials will be processed by us in order to fulfil the contract Sigmastocks has entered with you. The data must be processed in order to complete the agreement. If you do not provide this mandatory information, you may not use our services. To enable payment transactions, Sigmastocks uses a payment transmission service. Consequently, your card credentials (including your name) will be transferred to the payment service in order to fulfil the contract. We will process and transfer this personal data as long as you remain a Sigmastocks customer and as long as is necessary in order to comply with accounting regulations and to handle any possible claims or complaints. At the end of this period, we will delete your personal data. 

3.4 Unless you actively object, we will – due to our legitimate interest in being able to advertise Sigmastocks – process your personal data (i.e. your name, E-mail address, telephone number, date of birth, information regarding purchases and how you found our services). The purpose of this data processing is to optimize our general advertising as well as advertising directed specifically towards you, such as campaigns, offers and information regarding new products or services. Based on our legitimate marketing interests, we may transfer the above-mentioned information to third parties for the purpose of market analyses. The result of the data processing will then be used to optimize our general and targeted marketing. We will process your data for as long as you continue to be our customer and for a period of two years thereafter. At the end of this time-period, we will delete your personal data. 

3.5
You may at any time, by contacting us on the address below (section 14.2), access any personal data we have processed that concerns you. Furthermore, you may request for the correction or deletion of your personal data. Should you have any remark regarding our processing of your personal data, please do not hesitate to contact us. You may also contact the Swedish Data Protection Authority with complaints (www.datainspektionen.se). Where technically possible, you may access your personal data in a portable format. Please contact us if you wish to make use of this option.


3.6
Furthermore, you have the right to object to our processing of your personal data. This can be done through deregistering yourself from our notifications regarding campaigns, offers and information about new products or services. Deregistering is carried out either by contacting us or by clicking on the deregistration-link provided in our E-mails. 

4. PASSWORD

4.1 Upon registration, you will receive a customer account and a private password. 

4.2 It is your responsibility to keep your password private and (if written down) stored in a safe manner. Furthermore, it is your responsibility to ensure that unauthorized persons do not gain access to your password. If there is reason to believe that someone unauthorized is using your password, you must contact Sigmastocks immediately and thereafter block or change your password. 

4.3 You are fully responsible for any usage of Sigmastocks’ services that occur through the use of your password. Sigmastocks has no obligation to compensate for damage or loss attributable to the unauthorized use of your account. Thus, you will be obliged to pay for any and all orders placed using your password, unless Sigmastocks has been acknowledged of the fact that your password is being subject to unauthorised use. Such previous knowledge only exists if Sigmastocks have received notification of the unauthorised usage before the purchase is made.

5. USER INTERFACES, COOKIES AND ACCESSIBILITY

5.1 Sigmastocks uses cookies in order to function correctly. However, no cookies are saved permanently onto your hard drive. If you do not want to accept cookies, you may alter your browser settings so that a non-acceptance function is used or choose to leave the website. If you choose to not accept cookies, we can unfortunately not guarantee all functions of Sigmastocks. We are committed to doing our best in order to ensure that Sigmastocks is accessible 24 hours per day, all year round. However, we reserve the right to, at any time and with or without prior notice, shut down accessibility for the purpose of maintenance, correction of errors, safety or upgrading of hardware and software. When possible, you will receive a notification prior to such shutdown.  

5.2 Sigmastocks is accessible through the Internet and other public networks. Unfortunately, these are not unflawed whereby interruptions, disorders, viruses or other similar interferences may disrupt the communications. Consequently, we cannot take responsibility for any issues regarding the accessibility or function of Sigmastocks that are attributable to the functioning of the Internet other public or private networks or related to defects at any Internet service provider.

6. COPYRIGHT AND OTHER INTELLECTUAL PROPERTY RIGHTS

6.1 All images, text and other content on www.sigmastocks.com are protected by copyright, patent, and other intellectual property right regulations and laws. Unless otherwise stated, all material provided by Sigmastocks is our exclusive property. Consequently, Users do not have the right to copy, download or otherwise distribute such material. 

6.2 For the avoidance of doubt, nothing in these terms and conditions shall be interpreted as entailing a transferal of intellectual property rights.

7. ORDERS AND FULFILLMENT

7.1 All advertised services are sold at the price, including VAT, stated on www.sigmastocks.com. The purchasing of the services is offered in accordance with these terms and conditions.

7.2 In order to purchase the services, you must place an order at Sigmastocks. The purchase order is binding upon confirmation from Sigmastocks. Such confirmation notice will be sent by E-mail after the purchase order has been placed. The confirmation is valid even if it has been sent to a non-functioning E-mail account.  

7.3 As soon as the order is confirmed, you may reach the service. At the moment of accessibility, the service is fulfilled and withdrawal from the agreement is no longer possible.

8. TERMS OF PAYMENT

8.1 Payment will be automatically withdrawn from the credit or debit card you have provided Sigmastocks with upon registration.

8.2 In the event of delayed payment, interest on overdue payment will be added in accordance with the Interest Act (1975:635) (Sw. Räntelagen). In addition, statutory fees for the request of overdue payments will be applicable. 

9. SUSPENSION AND TERMINATION

9.1 If you, despite reminders of overdue payment, do not pay for the purchases you have placed, Sigmastocks reserves the right to shut down your account. The same thing apples if you fundamentally breach these terms and conditions or any other applicable laws and regulations. Furthermore, any such actions of breach on your part may result in an obligation to pay compensation for damages.  

9.2 At all times, you have the right to request for the termination of your Sigmastocks account. Such termination can be achieved through your customer account at sigmastocks.com or by sending an E-mail to info@sigmastocks.com.  Your account will be terminated within reasonable time after your request has been received. Payments already executed will not be reimbursed. 

10. TRANSFER OF ACCOUNTS

Your customer account is personal and cannot be transferred to a third party. We reserve the right to transfer all or certain rights (such as the right of payment) and obligations under these terms and conditions to a third party. Furthermore, we reserve the right to engage subcontractors for the fulfilment of our obligations under this contract.

11. AMENDMENTS

Amendments or supplements made to these terms and conditions will become effective one (1) month after Sigmastocks’ publishing of such changes. However, Sigmastocks reserves the right to make immediate amendments due to statutory changes, regulations or government decisions. Sigmastocks shall, within reasonable time from publishing, notify Users of any amendments or supplements made to these terms and conditions. If you do not approve of the changes, you have the right to terminate your customer account in accordance with section 9.2 above. Unless such termination occurs before the new terms and conditions become effective, you are considered to have approved the amendments. 

12. LIMITATIONS OF LIABILITY

12.1 We do not provide investment services according to the Securities Market Act (2007:528) (Sw. lag om värdepappersmarknaden) and we are not authorised to conduct such business. Consequently, we are not under the supervision of the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). 

12.2 The information provided through Sigmastocks shall not be interpreted as an investment advisory service or any other form of personal recommendations regarding trade with financial instruments. Your share portfolios merely constitute a basis for decision-making. All potential investment decisions are independently decided and self-executed.

12.3 All usage of Sigmastocks is carried out at your own risk. All basis for decision-making and other information from Sigmastocks is provided without any guarantees concerning security, risk or correctness. You are hereby informed that all investments on the share and capital market involve risk-taking. The value and revenue of your investments may increase and decrease, and you may lose all your invested capital. Historical revenue is no guarantee for future results.

12.4 We are not responsible for any direct or indirect damage or loss, affecting you or a third party, caused by the information provided by Sigmastocks or any possible default in the accessibility or capacity related to the Sigmastocks services that may prevent your usage of these services. Furthermore, we are not responsible for any actions, information or data provided by third parties. 

13. MANDATORY STATUTES

The content of these terms and conditions is not to be interpreted as an exception or a refrain from mandatory statutes applicable to purchases under these terms and conditions.

14. DISPUTES

14.1 Any dispute, controversy or claim arising out of or in connection with these terms and conditions or your usage of Sigmastocks shall be settled by a Swedish court of general jurisdiction. The Swedish version of these terms and conditions shall prevail over the English version. 

14.2 Address for complaints and questions related to personal data:
 
Sigmastocks AB
Lilla Bommen 3
411 04 Gothenburg, Sweden
info@sigmastocks.com

14.3 BY PUSHING THE BUTTON ”CREATE ACCOUNT” YOU CONFIRM THAT YOU:

(i) HAVE READ AND THAT YOU ACCEPT TO BE BOUND BY THESE TERMS AND CONDITIONS;

(ii) CONSENT TO SIGMASTOCKS AB’S PROCESSING OF YOUR PERSONAL DATA IN ACCORDANCE WITH SECTION 3 ABOVE;

(iii) EXPRESSLY CONSENT TO THE FACT THAT THERE IS NO RIGHT OF WITHDRAWAL FROM THE CONTRACT ONCE THE SERVICE HAS BEEN CARRIED OUT IN ACCORDANCE WITH SECTION 7 ABOVE;

(iv) HOLD SIGMASTOCKS AB HARMLESS FROM ANY CLAIM ACCORDING TO SECTION 12 ABOVE; AND

(v) ARE AWARE OF THE FACT THAT ANY POSSIBLE INVESTMENT IS MADE AT YOUR OWN RISK AND THROUGH SELF-DETERMINED DECISIONS.