1. Nature of the Software
NautilusTrader™ is an open-source algorithmic trading software framework developed and made available by Nautech Systems Pty Ltd (ABN 88 609 589 237) (“Nautech Systems”, “we”, “us”, or “our”).
The software is provided as a technical tool to assist users in designing, testing, and deploying their own trading systems. NautilusTrader is software only. It does not operate as a trading venue, broker, dealer, exchange, wagering service, or custodial service.
2. No Financial, Investment, or Trading Advice
NautilusTrader does not provide investment advice, financial advice, trading advice, or recommendations of any kind. Nothing made available through the software, documentation, examples, websites, repositories, or related materials constitutes advice or a recommendation regarding the suitability, profitability, or appropriateness of any trading strategy, financial instrument, market, or transaction.
All trading decisions are made solely by the user. Users are entirely responsible for evaluating their own objectives, risk tolerance, and circumstances before engaging in any trading activity.
3. No Brokerage, Execution, or Custody
Nautech Systems does not execute trades on behalf of users, place, route, or manage orders, act as an intermediary, broker, or agent, or hold, control, or custody user funds, assets, or private keys. Any interaction with exchanges, venues, data providers, or other third-party services occurs solely between the user and those third parties.
4. Software and Operational Risks
Use of NautilusTrader involves significant technical and operational risks, including software defects, incorrect configuration, differences between simulated or backtested environments and live trading, latency, downtime, third-party service failures, data inaccuracies, market volatility, and infrastructure failures. Simulated, backtested, or historical results are not indicative of future performance. The software is provided “as is” and may not perform as expected in all circumstances.
5. Third-Party Services and Dependencies
NautilusTrader may integrate with or enable connectivity to third-party platforms, services, protocols, or data sources. Nautech Systems does not endorse, operate, control, or guarantee the availability, legality, accuracy, or reliability of any third-party service. Users are solely responsible for conducting appropriate due diligence on all third-party services they choose to use.
6. Regulatory and Legal Compliance
Users are solely responsible for ensuring that their use of NautilusTrader and any related trading activities comply with all applicable laws, regulations, and regulatory requirements in their jurisdiction. This includes, without limitation, obligations relating to licensing, registration, reporting, and taxation. Nautech Systems does not represent that any particular use of the software is lawful in any jurisdiction.
7. No Warranties
To the maximum extent permitted by law, Nautech Systems makes no representations or warranties of any kind, express or implied, including but not limited to warranties of accuracy, completeness, reliability, availability, fitness for a particular purpose, or non-infringement. Any non-excludable consumer guarantees apply only to the extent required by applicable law.
8. Limitation of Liability
To the maximum extent permitted by law, Nautech Systems shall not be liable for any loss, damage, cost, or expense arising out of or in connection with the use of NautilusTrader or related materials, including but not limited to trading losses or loss of capital, regulatory or compliance violations, system failures or outages, or third-party service failures. Users waive and release Nautech Systems from any such liability, except where liability cannot be excluded under applicable law.
9. Severability
If any provision of this Disclaimer is held to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect to the maximum extent permitted by law.
10. Changes to This Disclaimer
This Disclaimer may be updated from time to time. Continued use of NautilusTrader after any update constitutes acceptance of the revised Disclaimer.