The BlackArrow system is a technological tool. Nelogica, its owner, is a technology service provider that operates solely as a conduit for receiving third-party information and transmitting trade instructions, which are executed in third-party environments. Nelogica is neither a brokerage firm, exchange, nor liquidity provider, nor is it a party to or intermediary in any operation or transaction carried out through its systems. It does not engage in or provide investment recommendations, nor does it receive or solicit financial resources from users. An account with the relevant institution must be opened to enable trading.