Legal

Risk Disclosure

The final Risk Disclosure will set out, in full, the risks of licensing algorithmic trading strategies on prediction markets. The essentials already apply and appear across this site:

• Trading on prediction markets involves risk of loss, up to the full amount you allocate. Only trade with capital you can afford to lose.
• Past performance does not guarantee future results. Simulated, sample, and paper-trading results do not guarantee live performance.
• No live track record is published yet. Catalog performance figures are illustrative and are labelled where they are sample data. Figures on your own account page — the profit and loss of a run you started — are real readings of that run, including on a free demo, where the money is play money.
• Risk limits depend on who runs the algorithm. When we run it for you on Strike, the caps come from your plan and you cannot change them. When you host the executor yourself, the caps are the ones you chose at setup — including none, if that is what you chose — and we do not enforce them for you.
• Stopping does not close anything. If a licence lapses or a run stops, positions already open stay open at the venue until you close them yourself.
• If you host the executor yourself and it stops — the machine dies, the deployment is deleted, the network goes — we cannot close the positions it was holding. We do not hold your venue credentials, by design, so there is no way for us to act on your account, and there is no arrangement under which we would. Those positions stay open and unmanaged until you close them, run an executor on the same licence again, or the market resolves: prediction-market contracts settle at expiry, the winning outcome paying its contract size and everything else paying zero, so the position becomes cash without an executor. Your exposure is bounded by the size you had on and the time left until resolution, and by nothing else.
• If you switch on auto-exit for a strategy on your own executor, that executor will close its positions after a long, deliberately staggered period with no contact from us — at whatever price the market is at when the timer runs out, which may be a poor one. It is off unless you turn it on; left off, an executor that loses contact holds what it has.
• Nothing on this site is investment advice or an offer to manage your money.