Legal
Terms of service
These terms govern your use of our website and the general framework for our consulting engagements. Individual engagements are subject to a separate statement of work.
About us
Every Single Tick is a trading strategy automation consultancy based in England, United Kingdom. We provide software development, backtesting, and technical consulting services for algorithmic trading. We are not authorised or regulated by the Financial Conduct Authority (FCA). We do not provide investment advice, financial advice, or portfolio management services, and our services are not covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS).
Services and intended audience
Our services are designed for business clients, professional traders, and individuals who understand the risks of algorithmic trading. By engaging our services, you confirm that you are acting in a business capacity or as an experienced individual trader, and that you have read our risk disclaimer.
Scope and deliverables
All consulting work is performed in accordance with a written scope agreed between you and us — typically a proposal or statement of work (SOW). The SOW will define deliverables, timelines, milestones, and acceptance criteria.
- •Changes to scope require written agreement from both parties.
- •We guarantee delivery of engineering outputs (source code, documentation, test reports) as defined in the SOW. We do not guarantee trading performance or profitability.
- •Deliverables are deemed accepted if you do not raise objections within 14 days of delivery, unless a different acceptance period is specified in the SOW.
Intellectual property
Under English law (Copyright, Designs and Patents Act 1988), copyright in software created by a consultant is owned by the consultant unless explicitly assigned in writing. Our default IP terms are as follows, subject to variation in individual SOWs:
- •Bespoke deliverables: upon full payment, we assign to you all intellectual property rights in the bespoke code and materials created specifically for your engagement, as defined in the SOW.
- •Pre-existing IP: we retain all rights in our pre-existing tools, libraries, frameworks, and methodologies. Where these are incorporated into deliverables, you receive a non-exclusive, perpetual licence to use them as part of the delivered solution.
- •General know-how: we retain the right to use general skills, knowledge, experience, and techniques acquired or developed during any engagement.
Payments
- •Fees and payment schedules are set out in each SOW. Unless otherwise agreed, we require a deposit before work begins, with remaining fees payable against agreed milestones.
- •Invoices are payable within 14 days of the invoice date unless otherwise specified.
- •Late payments accrue interest at 8% above the Bank of England base rate, in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.
- •We reserve the right to suspend work if payments are more than 14 days overdue.
Confidentiality
Both parties agree to keep confidential all proprietary information disclosed during an engagement, including but not limited to trading strategies, source code, backtesting results, and business processes. This obligation survives termination of the engagement. Formal non-disclosure agreements (NDAs) are available and can be executed before any materials are shared.
Warranty
We warrant that services will be performed with reasonable care and skill, in accordance with the Supply of Goods and Services Act 1982 (Section 13).
- •If a deliverable does not materially conform to its SOW specification, we will use reasonable efforts to correct the non-conformity at no additional charge, provided you notify us in writing within 30 days of delivery.
- •This warranty does not cover defects arising from modifications you make after delivery, use in an environment not specified in the SOW, or third-party platform changes outside our control.
Except as expressly stated above, all warranties, conditions, and representations — whether express or implied by statute, common law, or otherwise — are excluded to the fullest extent permitted by law. In particular, we make no warranty regarding trading performance, profitability, or the accuracy of backtesting results.
Limitation of liability
Nothing in these terms excludes or limits liability for: death or personal injury caused by negligence; fraud or fraudulent misrepresentation; or any other liability that cannot be excluded by law.
Subject to the above:
- •We shall not be liable for any indirect, consequential, or special losses, including but not limited to: loss of profits, loss of revenue, trading losses, loss of data, loss of goodwill, or loss of business opportunity — however caused and whether arising under contract, tort (including negligence), breach of statutory duty, or otherwise.
- •Our total aggregate liability for direct losses arising from or in connection with any engagement shall not exceed the total fees paid by you under the relevant SOW in the 12 months preceding the claim.
- •We shall not be liable for any losses arising from the use of software we develop in live trading, including losses caused by software errors, connectivity failures, data feed issues, broker platform changes, or market conditions.
You are solely responsible for all trading and investment decisions, including the decision to deploy any strategy or software in live markets. See our risk disclaimer for full details.
Termination
- •Either party may terminate an engagement by giving 14 days' written notice.
- •On termination, you will pay for all work completed up to the termination date.
- •Clauses relating to intellectual property, confidentiality, limitation of liability, and governing law survive termination.
Website use
All content on this website — including text, case studies, graphics, and code examples — is provided for informational and educational purposes only. It does not constitute investment advice, financial advice, or a recommendation to trade.
- •Performance metrics shown in case studies are illustrative and may use hypothetical or simulated data. They should not be interpreted as promises of future results.
- •We make reasonable efforts to keep the website content accurate and up to date but do not warrant its completeness or accuracy.
- •Links to third-party websites are provided for convenience and do not constitute endorsement.
Governing law and jurisdiction
These terms, and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims), shall be governed by and construed in accordance with the laws of England and Wales. The courts of England and Wales shall have exclusive jurisdiction.
These terms were last updated on 9 March 2026. We may update them from time to time — changes will be posted on this page with a revised date.
If you have questions about these terms, contact us at [email protected].
These terms are provided for informational purposes and are not a substitute for legal advice.