Frequently Asked Questions
RAINFUND is continuously built and maintained as an all-weather,
multi-strategy, diversified set of fully autonomous, quantitative
strategies. From latency sensitive to more passive strategies,
trades are centered around the futures and options markets as well
as cash equities markets in India. Quantitative factors that are
responsible for producing market performance are continuously
tracked and trading strategies and execution protocols are
constantly being tested and developed. Only the best set of
strategies are then deployed on RAINFUND.
Dynamic, diversified, and constantly evolving for performance. That is RAINFUND.
RAINFUND and it’s strategies are dynamic and so are the underlying securities that are traded. However, a major portion of our operations is focused on the futures and options markets. Index futures and options, equity futures, and equity cash positions are constantly traded by the strategy.
A client needs to open a trading account with one of the following
brokers : Zerodha, Fyers and Upstox. If your preferred broker is
not one of the following, please reach out to us.
Only a trading account for derivatives (Futures and Options) trading is necessary. Demat account (for equity trading) is NOT required.
Client needs to sign a mandate agreement providing his consent to deploy RAIN’s algorithmic execution technology.
RAIN’s trading application will algorithmically trade on the client’s account after API Trading activation.
API Trading refers to the usage of fully automated algorithmic trading strategies coded in Java/Python. RAIN builds and deploys these proprietary trading strategies on to each client’s API trading account through a standalone software application.
The client can access and track live trade data on the RAINDROP platform starting April 2021. Additionally, clients can access and track their trades via their broker-provided platforms. Daily contract notes will be delivered to the client by the broker.
In order to best serve the client, RAIN recommends that that the client opens a new fresh account for just RAIN and avoids placing discretionary Futures and Options trades on the mapped RAIN account. However, the client can trade in other segments like equities, mutual funds, etc.
The client has the ability to terminate RAIN’s services at any
point in time. There is no lock-in period/penalty upon
A simple email communication from the client to RAIN with a notice period of a week is requested from the client following which, RAIN will cease running it’s trading application on the client’s API account. There is no penalty associated with early termination.
The client will have the ability to pose questions to both the
introducer as well as a representative from RAIN.
RAIN representatives can be reached through Email/ Phone call/ WhatsApp.