Can an English speaker confirm to me that nothing in the DARWIN PROVIDER PROGRAM forces Darwinex to hide the data of a Darwin within hours after which a provider has expressed a desire to interrupt its participation in the elaboration of a Darwin?
I found a delay of 5 days just to take note of the will of a party to withdraw from the contractual relationship.
- Term and Termination
11.1 The relationship between the Company and the DARWIN Provider under these Terms & Conditions shall remain in effect until terminated by either Party as set forth in this Section 11.
11.2 Either Party may terminate this relationship for any reason upon five (5) Business Days notice to the other Party.
Personally, I find that this possibility given the provider to immediately erase a Darwin is a mistake.
this blurs the reading of the fundamental concept of Darwinex, making it forget that the issuer and legal responsible of a Darwin is Darwinex and not the provider.
a reflection period imposed for example 5 days, would avoid an emotional decision of the provider, which he may regret once it is too late.
Again, I find it unfortunate that Darwinex themselves maintain an unhealthy blur on the fundamentals of his core concept.
I know that it is not for me to arrogate to myself the role of the guardian of the temple of the concept. But the fact that the FCA accepts this concept, is for me the foundation of long-term value and interest in Darwinex.
If the concept were to be called into question by the regulator, all is over! And these times regulators are challenging many things …