Terms of Service

Terms of Service

Prismark Systems / Lexicon. Last updated August 2026.

Contents

Introduction

These terms govern your access to and use of the Lexicon Strategy Research Platform (SRP) from Prismark Systems, currently in Private Beta ("the Beta"). By applying for, receiving, or using Beta access, you agree to these terms.

Lexicon is research software only. It is not financial advice, not a trading signal service, not a broker, and not a live execution venue. By using the platform, you acknowledge and accept this.

Beta access

Access to Lexicon is granted solely at the discretion of the Prismark Systems team. Anyone can create a portal account. Access to Lexicon itself is granted only after manual review and acceptance of a beta application.

Approval

  • Access is granted after manual review and acceptance of your application
  • Your acceptance email includes access instructions and beta expectations

Suspension and removal

  • We may pause or remove your access at any time, for any reason, without notice
  • Reasons include: acceptable-use violations, inactivity, capacity management, or product changes
  • Removed access is not automatically reinstated

No guaranteed availability

  • The Beta may be unavailable for maintenance, updates, or unforeseen issues
  • We do not guarantee uptime, accuracy, completeness, or uninterrupted service
  • The product is being actively developed and validated

Age

You must be at least 18 years old to use Lexicon. It is not intended for, and must not be used by, anyone under that age.

What Lexicon is — and is not

Lexicon is a no-code strategy research platform that lets you define trading setups and test them against historical data.

Lexicon IS

  • Research and backtesting software
  • A tool for defining, testing, and reviewing structured setup logic
  • A platform for historical analysis and educational review

Lexicon is NOT

  • Financial advice or a recommendation to buy, sell, or hold any instrument
  • A trading signal service or alert system
  • A broker, execution venue, or account management service
  • A profit, performance, or outcome guarantee
  • A substitute for independent advice from a qualified professional

Results and performance

All outputs from the platform — including trade lists, metrics, equity curves, chart annotations, and analyses — are produced from user-supplied rules and historical data. They are for research review only.

Past performance of a backtested strategy is not indicative of future results. Backtesting is sensitive to rule formulation, data quality, slippage, fees, and market conditions. Any reported results reflect historical scenarios, not live trading.

Trading and investing involve significant risk of loss. You are solely responsible for evaluating whether any setup is appropriate for your own situation. Prismark Systems is not responsible for trading decisions, losses, or outcomes resulting from the use of Lexicon.

Acceptable use

While you have Beta access, you agree to the following:

Do

  • Use the platform for your own research and review
  • Provide honest feedback about your experience
  • Keep your access credentials confidential
  • Contact us through proper channels if you encounter issues

Do not

  • Share your login credentials or grant access to others
  • Attempt to scrape, reverse engineer, or extract the platform or its data
  • Use the platform to automate live trading or connect to brokerage accounts
  • Misrepresent your identity or intentions in your application
  • Use the platform for purposes outside of research and backtesting
  • Interfere with the platform, its infrastructure, or other users

Feedback

We encourage feedback during the Beta. Your feedback — including bug reports, feature suggestions, and usage notes — helps us improve the product.

By submitting feedback, you grant Prismark Systems a non-exclusive, worldwide, royalty-free licence to use, modify, and incorporate that feedback into the product or our internal processes. We do not claim ownership of your ideas, but we may implement similar functionality independently.

Feedback may be shared internally with the development team. We will not share your feedback publicly without your consent.

Your strategies

The strategies you create on Lexicon are yours. We do not claim ownership of them, and we will not sell them or share them with other users. To operate the platform we need permission to store and process them — to run your tests, show you your own results, and keep your work available when you return. We also retain anonymised records of strategy structure, with any link to you removed, which we use to improve the product and develop new features. These records cannot be traced back to you.

Limitation of liability

To the fullest extent permitted by law, Prismark Systems, its team members, and affiliates are not liable for:

Direct or indirect damages

  • Trading losses, missed opportunities, or financial harm
  • Data loss, service interruption, or platform errors
  • Decisions made based on platform outputs

Consequential or incidental damages

  • Lost profits, business interruption, or reputational harm
  • Costs of obtaining substitute services
  • Any other indirect or consequential losses

Governing law

These terms are governed by the laws of the State of Florida, United States, and any dispute arising from them will be handled by the courts of that state. If you are a consumer resident in the United Kingdom or the European Union, this does not remove the protections available to you under the law of the country where you live, and you may bring proceedings there.

Changes to these terms

We may update these terms as the product and Beta programme evolve. Material changes will be communicated to active beta participants. Your continued use of the platform after changes are posted constitutes acceptance of the updated terms.