Quantopian Store

SUPPLEMENTAL TERMS OF USE

These Supplemental Terms of Use for the Quantopian Store (the "QSS Terms of Use") are intended to govern your access to and use of Quantopian's Store (the "Quantopian Store") and to supplement for such purpose the Terms of Use to which you have previously agreed and that in general govern your access and use of the Quantopian Site and Services (the "General Terms of Use"). 

Together with such General Terms of Use, these QSS Terms of Use constitute a binding, contractual agreement between Quantopian Inc. (hereinafter, "Quantopian", "us" or "we") and you (“you”), the individual listed on the Quantopian Store Services account registration form the completion of which requires you to click the applicable “Buy Now” button to purchase the product and agree to these terms.

The QSS Terms of Use are hereby incorporated into the General Terms of Use. Capitalized terms used but not otherwise defined in these QSS Terms of Use shall have the meanings ascribed to them in the General Terms of Use.

To the extent that there is any conflict between these QSS Terms of Use and the General Terms of Use, the provision(s) in these QSS Terms of Use take precedence, but solely to the extent such conflict exists.  Otherwise, the General Terms of Use shall apply to your access and use of the Quantopian Store.

THESE QSS TERMS OF USE GOVERN YOUR USE OF THE QUANTOPIAN STORE. EVERY TIME YOU USE THE QUANTOPIAN STORE, YOU ACKNOWLEDGE AND ACCEPT THESE QSS TERMS OF USE.

We may amend or modify these QSS Terms of Use at any time and from time to time in accordance with the preamble to the General Terms of Use.

Use of the Quantopian Store

The Quantopian Store provides access to certain third-party provided data and services through the Quantopian website (“Third-Party Services”). Third-Party Services may include (but are not limited to) access to additional data, increases to limits set for use on Quantopian services and applications developed by third party development parties.

Third-Party Services are licensed to you by the licensor of such service, data, or application (“Licensor”) and not Quantopian. For example, the data provided to you through the store will be data licensed by data partners. Quantopian will make such data available to you and collect fees on the Licensor’s behalf, but you will license such data or other Third Party Service directly from the Licensor (unless otherwise designated in the Quantopian Store).

However, the Third Party Services are not licensed under these QSS Terms of Use or the General Terms of Use.You agree that Quantopian is not responsible for any Third Party Service in the Quantopian Store.

Some Third Party Services may be made available to you at no charge while other Third Party Services must be purchased for a fee. You agree that you are solely responsible for all fees associated with purchases you make on the Quantopian Store. As used in this agreement “to purchase” and “to sell” the Third Party Service refer solely to purchasing or selling a license to use the Third Party Service; in no event will you, as the purchaser of a Third Party Service, acquire any intellectual property rights in the Third Party Service despite the shorthand language being used.

The use of the Third-Party services purchased through the Quantopian Store is personal to you and you alone. The services are meant to be used on the Quantopian website. More specifically, services purchased for use through the Quantopian Store are meant for use only by the user of the purchasing account, on the Quantopian website.

You will not copy, publish, transmit, distribute, transfer or sell the data you have purchased through Quantopian Store or contained in the Third Party Services for any purpose.

Fees and Purchase Terms

1. General Purpose of Terms: Sale of Services.  If you decide to purchase a Third Party Service, you will be purchasing such Third Party Service directly from the Licensor, not from Quantopian. All Third Party Services will be subject to the applicable agreement set forth at www.quantopian.com/policies/data_license (“License Terms”). The License Terms., and not this QSS Terms of Use, will govern the Third Party Services and be directly between you and Licensor. To the extent that there is any conflict between these QSS Terms of Use and the License Terms, the provision(s) in the License Terms take precedence, but solely to the extent such conflict exists.

2. Payment.  YOU ARE RESPONSIBLE FOR THE TIMELY PAYMENT OF ALL FEES AND FOR PROVIDING A VALID CREDIT CARD FOR PAYMENT OF ALL FEES. Payments for Third Party Services are due upfront if the service are non-recurring and are delivered to you as a one-time purchase. If the Third Party Service(s) has ongoing monthly fees, you will be charged the specified monthly fees in advance, per the monthly billing cycle, and an invoice will be made available to you through the Quantopian Store. You agree to pay all fees or charges to your account in accordance with the fees, charges and billing terms in effect at the time a fee or charge is due and payable.  You must provide us with a valid credit card (Visa, MasterCard, or any other issuer accepted by us) or some other acceptable payment method (“Payment Provider”).  Your Payment Provider agreement governs your use of the designated credit card or other payment method, and you must refer to that agreement and not the QSS Terms of Use to determine your rights and liabilities.  By providing us with your credit card number or other payment method and associated payment information, you agree that we are authorized to immediately invoice your account for all fees and charges due and payable to us hereunder and that no additional notice or consent is required.  You agree that Quantopian, on behalf of Licensor, may charge your credit card for your monthly fees, without further authorization from you, until you provide prior notice to Quantopian that you have terminated this authorization or wish to change your designated card. Such notice will not affect charges submitted before Quantopian reasonably could act on your notice. Each time you use the Third Party Service, or allow or cause the Third Party Service to be used, you agree and reaffirm that Quantopian is authorized to charge your designated card. You agree that Quantopian may (at its option) accumulate charges on behalf of multiple Licensors incurred during your monthly billing cycle and submit them as one or more aggregate charges during or at the end of each cycle, and that Quantopian may delay obtaining authorization from your card issuer until submission of the accumulated charges. You agree to immediately notify us of any change in your billing address or the credit card or other payment method used for payment hereunder.  We reserve the right at any time to change the prices and our billing methods, either immediately upon posting on the Site and in the Quantopian Store Services or by e-mail delivery to you.

3. Cancelation. All fees for Third Party Services are non-refundable. If you cancel a Third Party Service, you will no longer be billed for that service but no money already paid will be refunded. You will retain access to that Third Party Service for the remainder of the timeframe for which you have been charged. If your credit card is invalid for any reason, Quantopian has the right to terminate the Third Party Service immediately. If you cancel any recurring-fee Third Party Service, you are required to pay the entire ongoing monthly fee for the month in which the service is cancelled and you will not be entitled to any refund of already-invoiced fees. You can cancel Third Party Services through the “Subscriptions and Billing” portion of the Account section within your account on the Quantopian Store or by contacting the Quantopian Store support center.

4. Disputes.  You must notify us in writing within seven (7) days after receiving your credit card statement, if you dispute any of our charges on that statement or such dispute will be deemed waived.  Billing disputes should be notified to the following address: Quantopian; Billing Disputes; 100 Franklin Street 5th Floor; Boston MA 02110.

5. No Liability. You agree that by using the Quantopian Store you may be exposed to Third Party Services that you may find offensive, indecent or objectionable and that you use the Quantopian Store at your own risk. You agrees that in no event will Quantopian have any liability to you for any claim arising out of or relating to the Quantopian Store under these QSS Terms of Use, including for: (i) any errors or inaccuracies in the materials or Third Party Services posted on the Quantopian Store; (ii) any Third Party Service(s) obtained through the Quantopian Store; (iii) any problems or technical malfunction of any hardware or software due to technical problems on the Internet or on the Quantopian Store or combination thereof, including any injury or damage to any person’s computer related to or resulting from the Quantopian Store; (iv) any action or omission by Quantopian or Licensor; and (v) any loss or damage, including property damage, personal injury, or death, resulting from or relating to the Quantopian Store.

6. No Financial Advice.  The Quantopian Store and the Third Party Services are not intended to provide any tax, legal, financial planning, insurance, accounting, investment, or any other kind of professional advice or services, and nothing on the Quantopian Store and the Third Party Services should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security, insurance policy, or investment strategy. To make sure that any information or suggestions on this site fit your particular circumstances, you should consult with an appropriate investment, financial, tax and/or legal professional before taking action based on any suggestions or information on this site. Unless otherwise specified, you alone are solely responsible for determining whether any financial strategy, product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. Without limiting the foregoing, no product or service offered or set forth on the Quantopian Store, including any Third Party Service, nor any analysis, commentary, or otherwise (whether oral or written), provided in conjunction with the foregoing shall be deemed to constitute: (i) investment advice under applicable state or federal law, including, but not limited to, the Investment Advisers Act of 1940; or (ii) any sort of transaction in securities for the account of others, including, but not limited to, any solicitation, negotiation or execution of the transaction. Neither we nor any of our representatives, sublicensees, or assigns shall be responsible for any investment decisions or damages or losses resulting from the use of such product(s) or service(s) or any information provided in conjunction with same. You also understand and agree that we are not (1) an “investment adviser” as such term is defined in the federal Investment Advisers Act of 1940, or (2) a “broker”, or (3) a “dealer”, as such terms are defined under the federal Securities Exchange Act of 1934. We do not hold ourselves out in any communications as an investment adviser, a broker, or a dealer. No determination of suitability has been made; not all risks are disclosed; private advisors should be consulted: The fact that we have made the data and services provided on the Quantopian Store and the Third Party Services available to you constitutes neither a recommendation that you enter into a particular transaction or investment strategy, nor a representation that any Third Party Service is suitable or appropriate for you. You should not enter into any transactions or investment strategies unless you have fully understood all such risks and have independently determined that such transactions or strategies are appropriate for you. Any discussion of the risks contained herein with respect to any product should not be considered to be a disclosure of all risks or complete discussion of the risks which are mentioned.

Termination

You may terminate your use of the Quantopian Store at any time. Your access to the Quantopian Store and any Third Party Services will continue for the timeframe for which you have been charged for previously ordered Third Party Service. A Licensor may terminate its provision of Third Party Services. In these cases, Quantopian will work to ensure that this termination process for you is as smooth as possible, but you agree and acknowledge that Quantopian cannot control the Licensors or Third Party Services and makes no commitment about the future availability of any Third Party Service.

These terms will terminate immediately if you fail to comply with any provisions of these QSS Terms of Use, at the sole discretion of Quantopian. Quantopian may also terminate your access to a data source at any time effective at the end of the then-current subscription period. Your use of any specific Third Party Service will be subject to, and may terminate pursuant to, the applicable License Terms.

In addition, from time to time, Quantopian may discover a Third Party Service in the Quantopian Store that violates Quantopian’s policies, another legal agreement, or a law, regulation, and/or policy. You agree that in such event Quantopian retain the right to remotely and immediately remove those Third Party Services from the Quantopian Store. In such event, Quantopian will endeavor to provide you with a pro rata refund.