Order Execution Disclosure

This Order Execution Disclosure explains how the Platform places and manages orders. It supplements, and is incorporated by reference into, our Terms of Use and Risk Disclosure.

Algonney is automation software. When a bot or manual action triggers an order, Algonney submits that order to your own connected exchange account (such as Binance, Bybit, or OKX) using your API keys, according to the parameters you configured. Algonney is not a broker, exchange, or execution venue, does not route between venues for price improvement, and does not guarantee any particular execution price, speed, or outcome. The exchange — not Algonney — matches, fills, prices, and settles every order.

Once an order reaches the exchange, the result depends on factors we do not control, including:

• Available liquidity and order-book depth at the moment of execution
• Slippage between the expected and executed price
• Partial fills, rejections, cancellations, or exchange-side duplication
• Price rounding to the exchange tick size and quantity rounding to step size / minimum notional
• Latency, throttling, rate limits, downtime, or maintenance on the exchange
• Margin mode, leverage, reduce-only behavior, funding, and liquidation engines on the exchange

Order types, supported symbols, margin and leverage settings, stop and algo order handling, reduce-only semantics, precision rules, and data availability vary by exchange. A feature shown on Algonney may not be available, reliable, or identical on every exchange. Depending on your configuration, exchange rules, liquidity, and risk controls, an order may be converted to or fall back to market execution, executed at a worse price than expected, or not executed at all.

Stop-loss, take-profit, and trailing-stop instructions are submitted to the exchange as native or emulated orders where supported. Trigger prices are approximate and execute at the next available price, which may be materially different during gaps, low liquidity, or fast markets. We do not guarantee that a protective order will trigger, fill, or prevent losses, and exchanges may liquidate positions independently of any Platform instruction.

We may apply risk controls — including blocking new trades, reduce-only mode, pausing bots, freezing trade actions, cancelling pending actions, or initiating emergency-close workflows — where supported and legally and technically available. These controls and any "emergency stop" are provided on a best-effort basis, are not guaranteed to execute or be available, and are not guaranteed to prevent losses. You must actively monitor your bots, maintain sufficient exchange margin, and verify open orders directly on the exchange.

Displayed orders, fills, balances, and PnL are derived from third-party exchange data and may be delayed, incomplete, duplicated, or inaccurate, and may be corrected after reconciliation. Exchange responses, system logs, and internal ledger records after reconciliation control over screenshots, notifications, cached pages, or exported reports for the purpose of resolving disputes.

You are solely responsible for selecting, configuring, testing, and monitoring your strategies, position sizing, leverage, and risk settings, and for the consequences of any order placed under your configuration. Test settings in a safe environment before deploying with real funds. You acknowledge the execution risks described here and in the Risk Disclosure.