This Privacy and Security Policy explains how uTrade CAPITAL PTY LTD Ltd (“uTrade” or the “Company”) collects its Clients’ personal data, and how this is maintained, used and disclosed.
The Company’s primary interest lies in the safeguarding of its Clients’ privacy, by ensuring that all personal data which is obtained from its Clients, including all the data that is obtained by uTrade when a Client visits the Company’s websites. Information collected by uTrade is handled, retained and processed only by means that are in accordance with mandatory legal requirements and only to the extent it is strictly necessary for the achievement of the purposes set out herein.
uTrade collects and processes personal information of its clients only insofar as to provide its Clients with the relevant services, as these are set out in the section “Use of personal information” below. In addition, personal information of Clients may also be obtained for the purpose of identifying clients through the various authentication requirements set out by uTrade in its Terms and Conditions. Clients’ personal information may also be authenticated by external and independent Credit Reference Agencies (who may keep a record of this information) for the purpose of fraud prevention.
Personal information may also be collected by uTrade given the Clients’ use of the website. Such information will be stored in a Client’s personal file. Information collected via the use of the website may include pages viewed, frequency and duration of visits, types of transactions conducted, documents downloaded and other websites which may have referred Clients to the Company’s website, or websites to which Clients link the uTrade website.
uTrade employees are committed to complying with very strict standards of confidentiality in the process of handling personal information. For this reason, the accessing of personal information is prohibited for uTrade employees, with the exception of those employees who are in charge for the handling and processing of such information.
uTrade takes all steps reasonably possible to ensure that the appropriate safeguards are maintained and that the privacy of the Client’s data and/or personal information that the Client is secured and not misused in any way. Measures and safeguards taken by uTrade ensure that the data is encrypted during their transmission, that the proper authentication mechanism are in place, and that all machines and data are kept separate for the provision of secure areas.
Anonymous statistical information concerning its Clients is collected by uTrade. This procedure ensures that the needs of the Company’s clients are met through the intensive monitoring and constant improving the services offered by uTrade to its Clients.
Personal information is collected by uTrade for the following uses:
By registering with uTrade, the Clients will also be given the opportunity to accept or reject a subscription to the following services, for the purpose of Marketing:
uTrade does not sell or otherwise transmit its Clients’ personal information to third parties for marketing purposes.
At all times, the Clients will be given the option to unsubscribe from any marketing services to which they previously subscribed, by clicking the relevant link at the bottom of the respective service’s e-mail.
Customer registration with uTrade means the Clients consent to the disclosure and transfer of their personal information by uTrade within the European Economic Area (“EEA”) to the following institutions and solely for the following purposes:
Information will be disclosed by uTrade to the above institutions only where it is satisfied that ate any particular case separately, the said institutes provide the proper safeguards for data protection.
By completing the registration procedure, Clients are deemed to consent to the transmission of their personal data to countries which are not Member States of the EEA. Transmission under these circumstances is only effected where the transmission of such data is permitted by law and the laws of the third country in question ensure an adequate level of protection with respect to the processing of the personal data transferred.
The Client may, at any time, inform uTrade that their personal details have changed or that the Clients wishes for uTrade to delete their personal information from its files, by sending an e-mail to email@example.com. Where uTrade is not obliged to hold such information due to regulatory or legal obligations, or where the information is necessary for the adequate provision of its services, uTrade will change or delete its Clients’ information upon such request.
uTrade uses session ID cookies and persistent cookies. Session ID cookie expire upon closing the browser. Persistent cookies remain on the Clients’ hard drive for an extended period of time. These Persistent cookies are used by uTrade for statistical purposes, for tracking and targeting the location and interests of users, and for enhancing the services provided by uTrade. Persistent cookies may be removed as per the instructions in each Internet browser’s “help” file.
Clients are under no obligation to provide uTrade with any of their personal data. However, non-provision of the requested information may mean that uTrade will be forced to reject Clients’ applications for opening an account with uTrade, or will not be able to provide a Client with any services, information, assistance, or be in a position to improve the services requested and provided by uTrade.