Emkay Global Disclaimer

Modified on Wed, 26 Jun at 3:53 PM

Emkay Global Disclaimer

All the information or any content placed on the website Emkay Global: A Research & Investment Powerhouse of Emkay Global Financial Services Limited (“Emkay”) is for informational purposes only and does not constitute an offer to sell, buy and/or otherwise deal in any securities and/or investments. Further, any information and/or data on the website is not intended as investment advice, hence each user of this website is advised to consult and/or make its own independent evaluation and/or investigation before taking any investment decision. Certain hyperlinks or referenced websites on the Site, are for your convenience and forward you to third parties’ websites, which generally are recognized by their top-level domain name. Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with Emkay and its Group companies with respect to any linked site or its sponsor, unless expressly stated by Emkay and its Group companies. Any such information, products or sites which are provided or maintained by third parties have not been reviewed by Emkay nor exercises any control over them. Emkay expressly disclaim any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites.


All investments are subject to market risk and the past performance of a security and/or financial product does not guarantee future results or returns. Investors should consider their investment objectives and risks carefully before investing. Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors.


Emkay makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of related services.


Emkay’s role here is limited to acting as a Referrer. Emkay will introduce the customer to the platform provider, Borderless Investing Inc., and its affiliates ("Borderless Investing") post which clients will be directly sharing their details with the executing broker referred by Borderless Investing (via the Stockal platform, hereinafter “Stockal”). 


Borderless Investing through its affiliates, acting as the introducing entity has entered into a carrying and clearing agreement with DriveWealth LLC. (“DriveWealth”), to offer U.S. equities on Stockal. All transactions/orders being placed by clients shall be executed through the carrying broker Drivewealth.


Emkay’s role is limited to referring customers and does not carry any liability or responsibility with respect to Borderless Investing’s platform and any coordination by the customer with Borderless Investing and/or DriveWealth. Once the customer has been referred, they are solely responsible for any and all orders placed by them, and understand that all orders are unsolicited and based on their own individual investment decisions. Emkay further disclaims that neither Emkay, its group companies, its directors and/or its employees, agents, principals, or representatives provide recommendations on any security, transaction, or order; provide any investment advice; produce or provide research to any user regarding any security, transaction, or order; handle funds or securities related to securities orders or effect the clearance or settlement of any of the customer trades done through in US stock markets or in a solution provided by Borderless Investing, its platform and/or DriveWealth. All processes including KYC (‘Know Your Customer’) will be undertaken by DriveWealth and assisted by Borderless Investing directly with customers, Emkay will not be responsible for any customer’s personal financial liability in this regard.


Borderless Investing has represented to Emkay that it is neither a broker nor an investment adviser, but is only a  platform provider that enables investments in a diverse set of global assets from a single account via Stockal. Therefore, Borderless Investing  makes no warranties or representations, express or implied, on products and services offered through its platform nor does it accept any liability for any damages or losses that may be caused in connection with the use of related services.


Customers are further advised to check products and its features before investing since the contours of the product rates may change from time to time. Emkay is not liable for any loss or damage of any kind arising out of investments in these products.


Investment in securities markets are subject to market risks, customers visiting the website are advised to read all the investment related documents carefully before investing. Customers should also read the Terms & Conditions and the disclaimers hosted on Borderless Investing  and/or its third-party stock broker websites before investing.


All logos and trademarks belong to their respective legal owners whose names are hosted on the website.


DriveWealth LLC, a member of the Securities Investor Protection Corporation (“SIPC”), will serve as the custodian for your securities account. In the event that DriveWealth LLC fails and is placed in liquidation under the Securities Investor Protection Act, securities in your brokerage account may be protected up to $500,000. For details, please see SIPC - Securities Investor Protection Corporation.

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