Nyquist
The contract for using Nyquist during the closed beta. Last updated 6 September 2026.
These terms (“Terms”) are a contract between Nyquist (a pre-incorporation project operated by its founder; “we”) and the organisation on whose behalf you use the Nyquist platform and websites (the “Service”). By requesting access to or using the Service you accept them on behalf of that organisation and confirm that you are authorised to do so. If you have a signed order form or master agreement with us, it prevails over these Terms where the two differ.
The Service is for professional organisations — investment funds, banks, supervisory authorities and similar. It is not offered to consumers or to anyone under 18.
The Service is in closed beta. Access is granted at our discretion, by invitation. Features may be added, changed or withdrawn without notice, and calculations, models and data sources may change between sessions. Nothing in the beta is a commitment to a future feature; what is planned lives on the Roadmap page and is not part of the Service until it ships.
The Service produces analytical output: risk figures, stress results, model calibrations, and reasoning generated by software agents. It is a research tool. Nothing it produces is investment advice, a recommendation, an offer or solicitation to buy or sell any instrument, or a representation that any outcome will occur. Agent output is generated by language models and can be wrong, incomplete or out of date. You are responsible for every decision you take and for verifying any figure before you rely on it.
Nyquist is not a broker-dealer, investment adviser, custodian, exchange or clearing house, and does not hold client money or assets under these Terms. Any execution or settlement functionality that may be enabled for your organisation is governed by a separate written agreement.
For the term of your access we grant your organisation a limited, non-exclusive, non-transferable right to use the Service for its internal business purposes, through the number of seats agreed with us. Seats are personal: each named user needs their own. All rights not expressly granted stay with Nyquist. The Service, its software, models, documentation and research content are our intellectual property; you may quote our published research with attribution.
If you send us feedback or suggestions, we may use them without obligation to you.
You agree not to:
We may suspend access immediately if we reasonably believe these rules are being broken or the Service is at risk.
You own the data you upload or enter (“Customer Data”). You grant us the licence needed to host, process and display it in order to provide the Service to you, and for no other purpose. We do not sell Customer Data, do not share it with other customers, and do not use it to train models. Language- model features send prompts derived from your requests to third-party inference providers, as described in our Privacy policy.
You are responsible for having the rights and consents needed to upload Customer Data, and for its accuracy. You can export your account data and delete your account at any time from the account settings. Third-party market data available through the Service is subject to the terms of its providers and may be delayed, incomplete or wrong; we do not guarantee its accuracy.
Each side will keep the other’s non-public information confidential and use it only under these Terms, except where disclosure is required by law.
Beta access may be provided without charge. Paid plans, seat counts, pilot terms and any private deployment are agreed in a written order form. Prices shown on the Pricing page are indicative until an order form is signed. Fees are exclusive of taxes and are payable as stated in the order form.
During the beta we make no commitment to uptime, response times or the retention of any feature. We may take the Service down for maintenance. Availability commitments and support levels, where offered, are set out in a commercial agreement with a service-level schedule and do not otherwise apply.
Either side may end the agreement at any time with written notice (an e-mail is enough). We may suspend or terminate access immediately for breach of these Terms, non-payment, or where continuing would put the Service or other customers at risk. On termination your access ends; you should export your data beforehand. Account data is removed from the live database on deletion and disappears from backups within 14 days. Sections that by their nature should survive — ownership, confidentiality, liability, governing law — survive termination.
The Service is provided “as is” and “as available”. To the fullest extent permitted by law we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, accuracy and non-infringement, and we do not warrant that the Service will be error-free or uninterrupted.
To the fullest extent permitted by law, neither side is liable for indirect, incidental, special, consequential or punitive damages, or for lost profits, trading losses, lost data or business interruption, however caused. Our total liability under these Terms is limited to the fees your organisation paid us in the twelve months before the event giving rise to the claim, or USD 100 if no fees were paid. These limits do not apply to liability that cannot be limited by law, or to a party’s breach of confidentiality.
You will indemnify Nyquist against third-party claims arising from Customer Data or from your use of the Service in breach of these Terms.
Nyquist is not yet incorporated. Until a legal entity is formed, the service is provided by the founder personally, and the governing law and venue will be stated here upon incorporation. Before going to court, each side agrees to raise the dispute with the other in writing and attempt to resolve it in good faith for thirty days.
We may update these Terms as the Service changes; the date at the top of this page shows the current version, and account holders are notified of material changes by e-mail. Continued use after a change means acceptance. If any provision is unenforceable, the rest remain in force. These Terms, together with the Privacy policy and any signed order form, are the entire agreement between us about the Service.
Nyquist — contact@nyquist.pro. Company details are on the Company page.