VEURON® FZCO - USER AGREEMENT, NON-PROFESSIONAL DECLARATION & RISK GUIDE


These Terms of Service govern access to the Quant Signal market data and trade signal service and are intended for public review prior to onboarding.

QUANT SIGNAL – TERMS OF SERVICE

Effective Date: 20th January 2026

1. Purpose and Legal Character

Quant Signal is a trade signal and probabilistic market data service operated by Veuron FZCO (“Company”, “we”, “us”).

The Service provides probability-based trade entry data derived from proprietary quantitative analysis, algorithms, and human review processes (“Trade Entry Data”).

Quant Signal does not:

- Manage client capital

- Execute trades

- Exercise discretion over client accounts

- Act as an investment adviser, portfolio manager, broker, or fiduciary

This Service does not constitute an investment product, security, fund, managed account, or advisory service in any jurisdiction.

2. Eligibility and Self-Certification

Access to Quant Signal is restricted to individuals who:

i. Are at least 18 years of age; and

ii. Self-certify that they are legally permitted to receive trade signal, market data, or similar informational services under the laws and regulations applicable to their jurisdiction (including, where relevant, classifications such as accredited, wholesale, professional, or sophisticated investor).

By accepting these Terms and accessing the Service, the Client represents, warrants, and self-certifies that:

- They satisfy all eligibility requirements applicable to them under local law;

- Their access to and use of the Service does not violate any regulatory, legal, or professional obligation applicable to them; and

- They will promptly discontinue use of the Service if they cease to be legally eligible.

The Company:

- Does not assess, determine, or warrant Client eligibility or suitability;

- Does not independently verify self-certification unless expressly required by applicable law; and

- Relies entirely on the Client’s self-certification and ongoing compliance.

The Client remains solely responsible for determining and maintaining their legal and regulatory eligibility to access and use the Service.

3. Scope of Service

Under these Terms, Quant Signal provides:

- Trade Entry Data only

- Market probability analysis

- Entry-level trade parameters (direction, structure, timing)

- Data presentation via third-party platforms (e.g. Cornix.io)

No trade execution occurs unless and until the Client independently authorises and executes a trade using their own account, capital, and exchange access.

4. Fees and Commercial Terms

4.1 One-Time Connection Fee

A non-refundable one-time connection fee applies upon onboarding. The standard connection fee is USD $25,000, unless an alternative rate has been expressly agreed in writing between the Company and the Client prior to onboarding, for commercial reasons unrelated to trading activity or outcomes.

Commercial Variations

The Company may, at its discretion, agree to alternative commercial arrangements with individual Clients, including fee waivers, instalment schedules, or deferred payment terms.

Any such arrangements must be confirmed in writing and documented separately and do not alter:

- The scope or regulatory character of the Service

- The non-discretionary, signal-based nature of Quant Signal

- The Client’s responsibility for all trading decisions

Unless expressly stated otherwise in writing, any commercial variation does not modify the application of outcome-contingent consideration or other ongoing remuneration terms.

In the absence of a written variation expressly agreed by the Company, the standard commercial terms set out in this Agreement shall apply.

This fee covers:

- Initial setup and configuration

- First year software licensing and infrastructure costs

- Quant Signal data access enablement


The connection fee:

- Is not performance-based

- Is not an investment

- Does not imply or create any expectation of profit or financial return

4.2 Ongoing Outcome-Contingent Consideration

Any ongoing remuneration payable to the Company constitutes outcome-contingent commercial consideration and applies only where the Client independently realises a positive aggregate outcome during an applicable assessment period while using or evaluating the Trade Entry Data.

Such consideration:

- Is triggered only if the aggregate outcome for the applicable assessment period is positive

- Is calculated by reference to positive outcomes realised during that period and is payable only where the overall result for the period is net positive

- Does not apply to losses, drawdowns, or periods in which no net positive outcome is realised

- Is not calculated on a per-trade basis and does not compound negative performance

For the avoidance of doubt, no remuneration is:

- Derived from trade execution

- Derived from condition-responsive risk logic, exit logic, or trade management behaviour

- Derived from capital allocation, position sizing, leverage selection, or stop-loss management

Outcome-contingent consideration:

- Is assessed and invoiced periodically in accordance with the applicable commercial terms

- Is not automatically deducted from Client trading accounts

- Does not grant the Company any execution authority, discretionary control, or influence over Client trading activity

Outcome Measurement for Invoicing Purposes

For commercial invoicing purposes only, outcome-contingent consideration may be observed or referenced using outcome data made available through independent third-party software or platforms utilised by the Client (including, where applicable, Cornix.io).

Such observation:

- Is conducted solely to calculate a proportionate and accurate invoice

- Is post-hoc, non-interventionary, and non-optimising in nature

- Does not constitute monitoring, supervision, advisory activity, or trade management

Third-Party Platform Independence

Any third-party platform from which outcome data is referenced:

- Is not operated, controlled, or managed by the Company

- Independently generates any trading or outcome information made visible

- Remains subject to the Client’s own agreements, configurations, and permissions

The Company does not warrant or assume responsibility for the accuracy, completeness, or attribution of any such data.

No Trading Authority or Oversight

For the avoidance of doubt, the Company does not:

- Execute or place trades

- Maintain official trading records

- Determine trade attribution or causality

- Verify execution quality, pricing, or timing

- Audit, supervise, or manage Client trading activity

Any outcome data referenced is used exclusively for commercial invoicing purposes and does not constitute portfolio management, investment advice, discretionary authority, or control over Client capital.

4.3 Service Continuation Fees (From Year Two)

From the second service year onward, continued access to Quant Signal is subject to an annual Service Continuation Fee, which covers:

- Ongoing software access

- Data delivery infrastructure

- Client-specific system resources

- Technical and operational support

The applicable Service Continuation Fee is set out in the Service Fee Schedule, which is incorporated into these Terms by reference and made available at:

https://quantsignal.veuron.com/servicecontinuationfee

The Service Fee Schedule may be updated from time to time to reflect changes in:

- Software licensing costs

- Infrastructure, hosting, and data-processing costs

- Compliance, security, or operational support requirements

Any update to the Service Fee Schedule shall:

- Apply only to future renewal periods

- Be communicated to the Client at least 45 days prior to the renewal date

- Not apply retroactively

- Not take effect unless the Client elects to continue the Service

If the Client does not agree to the updated Service Continuation Fee, the Client may elect not to renew access at the end of the current service period, without penalty or further obligation.

4.4 Payments via Authorized Onboarding Representatives

In select cases, payment of fees may be facilitated through an authorized onboarding representative of Veuron FZCO.

Where payment is made to an authorized representative:

- Such payment is deemed made directly to Veuron FZCO

- The representative acts in a facilitation-only capacity

- Veuron FZCO remains the sole contractual counterparty

The Company assumes no liability for representations beyond the representative’s expressly authorised remit.

4.5 Trial Access (Discretionary)

The Company may, at its sole discretion, offer limited-duration trial access to the Service.

During any trial period:

- No setup or connection fee is payable

- No outcome-contingent consideration applies

- Access is provided solely for evaluation purposes

Trial access does not create any obligation to trade, continue the Service, or enter into ongoing commercial terms following the trial period.

The availability, duration, and scope of any trial access are determined by the Company and may be withdrawn or modified at any time.

5. Client Control and Execution Authority

At all times:

- The Client retains full ownership and control of their capital

- The Client retains sole authority over whether to enter any trade

- No trade exists until a Client-directed acceptance of Trade Entry Data occurs

Quant Signal does not place or initiate trades on behalf of Clients.

Exception - Client-Enabled Risk Management:

Where the Client has enabled Copilot Risk Management under a separate agreement, Quant Signal may transmit condition-responsive risk or exit instructions that may result in the modification or closure of an already-accepted trade, solely in accordance with the standardised Copilot protocol disclosed during onboarding and governed by the applicable agreements.

Such actions:

- Occur only after Client acceptance of Trade Entry Data

- Do not initiate new trades

- Do not allocate or control Client capital

- Do not grant ongoing discretionary authority

Such actions remain fully revocable by the Client at any time via the relevant asset-level execution consent settings.

Except as expressly stated above, Quant Signal cannot place, modify, cancel, or force any trade.

6. Third-Party Platforms and Exchange Relationships

Trade Entry Data may be delivered or displayed via third-party platforms, including Cornix.io.

Clients acknowledge that:

- Such platforms are independently operated

- Quant Signal does not control execution mechanics or platform behaviour

- Platform availability, outages, or limitations are outside the Company’s control

Quant Signal is not formally affiliated with or endorsed by any exchange. The Company may receive referral commissions under affiliate programs when Clients independently register with third-party platforms.

Any agreement between the Client and a third-party platform is separate from these Terms.

For the avoidance of doubt, any exit or risk instructions transmitted under optional Copilot Risk Management are executed solely through third-party platform infrastructure pursuant to the asset-level, client-controlled execution consent setting and do not involve direct execution by Veuron FZCO.

7. Pre-Authorisation, Risk Controls, and Copilot Risk Management

7.1 Asset-Level Pre-Authorisation

Certain third-party platforms used to deliver Quant Signal data (including Cornix.io) provide a single, asset-level, client-controlled execution consent setting that may be enabled or disabled by the Client.

When enabled by the Client, this asset-level pre-authorisation setting applies to all automated actions supported by the platform, which may include:

- The automated acceptance of inbound Trade Entry Data; and

- The automated application of approved risk or exit actions under optional features such as Copilot Risk Management (where applicable).

Pre-authorisation:

- Is implemented and governed exclusively by the third-party platform

- Is controlled solely by the Client

- May be enabled or disabled globally at any time

- Does not transfer capital ownership, execution authority, or discretion to Quant Signal

Pre-authorisation is a convenience mechanism only and does not alter the Client’s responsibility for trading decisions.

7.2 Client-Defined Static Risk Controls

Clients retain full control over static trade risk management and exit logic and may independently configure such controls using third-party platform functionality (including Cornix.io).

These static risk controls may include, without limitation:

- Take-profit targets

- Stop-loss limits

- Conditional exit rules defined by the Client

Such controls are:

- Defined, modified, and removed solely by the Client

- Executed within third-party platform infrastructure

- Optional and not required to access Quant Signal

Quant Signal does not mandate or configure Client-defined static risk controls.

7.3 Optional Copilot Risk Management

Copilot Risk Management is an optional, condition-responsive mechanism operating under a standardised, proprietary protocol.

Copilot operates only where:

- The Client has accepted the Copilot Risk Management Acceptance Agreement during onboarding; and

- The Client has enabled and activated the asset-level, client-controlled execution consent setting, controlled exclusively by the Client.

Deactivating the asset-level, client-controlled execution consent setting prevents Copilot from applying exit actions.

7.4 Onboarding Acceptance of Copilot Risk Management Terms

As part of Quant Signal onboarding, Clients are required to review and accept the Copilot Risk Management Acceptance Agreement.

Acceptance ensures advance disclosure of optional Copilot functionality and governs Copilot use if and when enabled. Acceptance does not obligate the Client to activate Copilot and does not result in Copilot being enabled by default.

7.5 Relationship Between Risk Layers

For the avoidance of doubt:

- Client controlled asset-level pre-authorisation governs whether any automated actions are permitted by the third-party platform

- Static risk controls (where used) are defined by the Client and executed within third-party platform infrastructure

- Copilot Risk Management is optional, condition-responsive, standardised, and client-enabled, and operates only in accordance with the Copilot Risk Management Acceptance Agreement

Any condition-responsive risk or exit actions performed under Copilot Risk Management are governed exclusively by the Copilot Risk Management Acceptance Agreement and do not alter the non-discretionary, signal-based nature of the Quant Signal Service.

Clients may access and use Quant Signal without enabling asset-level pre-authorisation, static risk controls, or Copilot Risk Management.

8. Minimum Risk Parameters and Responsible Use

Access to Quant Signal is conditional upon adherence to minimum risk parameters.

Reckless use may include excessive leverage, disproportionate position sizing, or disregard for basic risk containment principles.

Failure to comply may result in:

- Suspension of Trade Entry Data access

- Restriction of Service features

- Termination of the Service

Such actions may be taken where reasonably necessary to protect system stability, ensure fair access for active Clients, and maintain the integrity and intended use of the Service.

Any suspension or termination under this Section does not give rise to a refund of fees already paid.

9. Minimum Activity and Capacity Allocation

QuantSignal operates on a limited-capacity basis. To ensure fair access and system availability, the Company may require Clients to demonstrate ongoing use of, or engagement with, the Service.

For the avoidance of doubt:

- Such use or engagement refers to administrative or technical service utilisation and does not imply trading activity, execution behaviour, or investment participation.

- Clients are not required to enter trades, achieve outcomes, or generate remuneration in order to remain compliant with these Terms

- Activity requirements relate solely to the continued allocation of finite system capacity and may include non-trading engagement, such as maintaining an active connection, accessing data, or confirming continued service use

- Activity requirements are not linked to profitability, or outcome-contingent consideration

Where a Client remains inactive for an extended period, the Company may, at its discretion and for capacity management purposes only:

- Suspend access

- Reallocate the connection

- Terminate access without refund

Such actions are taken solely for operational capacity management purposes and do not require, encourage, recommend, or incentivise trading activity, transaction frequency, or outcome generation.

10. Risk Disclosure

Trading involves substantial risk, including the risk of partial or total loss of capital.

Clients acknowledge that:

- Past performance is not indicative of future results

- Trade Entry Data is probabilistic, not predictive

- No guarantee of profitability exists

Quant Signal bears no responsibility for trading losses.

11. Content Disclaimer and Use

All content is educational and informational only. Content is not tailored financial advice, and performance commentary does not constitute solicitation.

The Client alone is responsible for any trading or investment decisions made externally using information derived from the Service.

12. Intellectual Property

All Quant Signal and Veuron® software, branding, and content are protected intellectual property and may not be redistributed or modified.

13. Limitation of Liability

To the fullest extent permitted by law, the Company is not liable for indirect or consequential damages and makes no guarantees regarding outcomes.

14. No Fiduciary or Advisory Relationship

Nothing in these Terms creates:

- An investment advisory

- A fiduciary duty

- A partnership, agency, joint venture, or discretionary management relationship.

Clients act independently and at their own discretion.

15. Termination and Non-Renewal

Either party may terminate access to the Service at any time.

Fees paid are non-refundable.

16. Amendments

The Company may update these Terms at any time. Continued access constitutes acceptance of the latest version.

17. Governing Law and Jurisdiction

This Agreement is governed by the laws of the United Arab Emirates, with exclusive jurisdiction in Dubai, UAE.

18. Entire Agreement

These Terms constitute the entire agreement between the parties with respect to Quant Signal’s core service and supersede all prior discussions, representations, or understandings.

By proceeding, you acknowledge that you understand and agree to the aforementioned Quant Signal Terms of Service, including the Eligibility and Self-Certification provisions.

The use of Veuron Program(s), and Information is solely at your own risk.

© Veuron FZCO. All rights reserved.