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TrueData Bookmap referral program offers a payout for client referrals. The program is available for brokers, trading educators, providers of trading-related services, or any other individuals or entities wishing to promote the TrueData Bookmap solution to potential clients. Referral Partners may not present themselves as financial advisors or brokers working on behalf of TrueData Bookmap and/or Bookmap Limited and may not provide direct trading advice or recommendations with respect to any specific transaction or specific investment product on behalf of TrueData Bookmap and/or Bookmap Limited. It is the sole responsibility of the Referral Partner to (1) ensure that his or her services and referral activities are exempt from licensing requirements by regulators in the countries and jurisdictions in which he or she operates, (2) act in accordance with all legal, ethical, and acceptable business standards.
Overview and TermsReferring partners will be entitled to an affiliate commission on any purchase of the TrueData Bookmap India Basic or Pro subscriptions purchased by their referrals, provided that such purchase has not been refunded. The commission rate will be as follows:
8% of the subscription price of monthly billed subscriptions 11% of the subscription price of quarterly billed subscriptions 15% of the subscription price of annually billed subscriptions
The subscription price for calculating the affiliate commission will be net of any data fees that are paid to the exchange, i.e. the percentage will be from the actual amount retained by TrueData and Bookmap.
Referring partners will receive a unique link to use for referring clients to purchase the Bookmap software license. The link contains a cookie that will be assigned to a client reaching Bookmap with the specific link (assuming the client does not block cookies). A referring partner will be awarded payouts for any client that has completed payment while cookied with the respective partner’s cookie. There are no cookie lockup periods – the last cookie used by the client when completing payment is the one for which a partner will be awarded the relevant payouts. The same terms will apply to any client who stopped his Bookmap subscription and renewed it at a later stage – a payout will be awarded to the partner whose cookie is used by the client at the moment of renewal, whether this is the original cookie or not. A referring cookie will be kept for 60 days or until overwritten by another referring partner’s cookie. If no purchase has been made by the referred client during the first 60 days from receipt of the last cookie information, the cookie will expire. Payouts will be given for a period of 3 years from each referral's initial subscription. TrueData Bookmap reserves the right to stop the referring program entirely or with respect to specific partners at its sole discretion. This will not apply to payments that were already received by TrudeData Bookmap from referred clients. Payouts will be made by the 10th day of each month for the referral payments made during the preceding month, provided that referral transactions have at least 10 days of maturity on the payout date (i.e. all of the previous month's transactions will be included in the payout). Any accrued commission during the previous month will be paid. In the event that the referred client has received a refund for a transaction for which the affiliate already received a commission, the respective commission amount will be deducted from one of the future commission payments.
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