Condiciones de Uso

Clause A — Nature of the service

ZYXmon provides algorithmic equity research published under the EU Market Abuse Regulation (Regulation (EU) 596/2014, “MAR”) investment-recommendation regime as developed by Commission Delegated Regulation (EU) 2016/958. ZYXmon does NOT provide MiFID II investment advice, portfolio management, order reception or transmission, or any other regulated investment service. ACME, the operator of ZYXmon, is not authorised by the CNMV (Spain) or by any other EU national competent authority as an investment firm (ESI) or as a financial advisory firm (EAF).

Clause B — User responsibility / no advice

Any investment decision is the User's sole responsibility. The User acknowledges that algorithmic classifications, scores, fair-value estimates, dividend-safety ratings, narratives and price ranges produced by ZYXmon: (a) are descriptive statistical observations, not directive buy/sell/hold instructions; (b) do not consider the User's personal circumstances, objectives, knowledge, experience or financial capacity; (c) may contain errors, biases, or be based on outdated or incomplete data; and (d) are not a substitute for personalised advice from a CNMV-authorised investment advisor.

Clause C — Limitation of liability

To the maximum extent permitted by applicable Spanish law, ACME's aggregate liability for any loss arising from the User's reliance on ZYXmon's algorithmic output is limited to the fees actually paid by the User to ACME SL in the twelve (12) months preceding the event giving rise to the claim, with a hard cap of five hundred euros (€500). This clause does not exclude liability for fraud, wilful misconduct, or any liability that may not be excluded under Spanish consumer-protection law (notably under Real Decreto Legislativo 1/2007 and Ley 7/1998 on general contract terms).

Clause D — Conflict-of-interest acknowledgement

The User acknowledges having read the Conflicts of Interest Policy and understands that members of the ACME team may personally hold positions in instruments covered by the algorithmic research published on the platform. Any aggregate team holding exceeding 0.5% of the issuer's share capital is disclosed explicitly alongside the recommendation, per Commission Delegated Regulation (EU) 2016/958, Article 6(1). ACME does not receive any commission from brokers, issuers or third parties in connection with the algorithmic output.

Clause E — Data source attribution

ZYXmon's algorithmic output incorporates information sourced from third-party financial data providers (market data, fundamentals, dividend history, analyst consensus, central-bank FX feeds and similar). Errors, delays, omissions or inaccuracies in third-party data may affect the algorithmic output. ACME makes no warranty as to the accuracy, completeness or timeliness of any third-party data and is not liable for losses arising from such third-party data defects.

Clause F — Audit log retention

ACME retains records of disseminated algorithmic recommendations and their supporting inputs for a minimum of five (5) years from the date of dissemination, in line with the record-keeping obligations of MAR Article 22 and MiFID II Article 16(7) as transposed in Spain. These records contain no personal data about the User. ACME also reserves the right to update the algorithmic methodology at any time; material changes are logged with a date stamp in the methodology page changelog.

Clause G — GDPR data-subject rights

Personal data the User provides (account, portfolio, investment-profile preferences) is processed in accordance with the General Data Protection Regulation (Regulation (EU) 2016/679, “GDPR”) and the Spanish LOPDGDD (Ley Orgánica 3/2018). The User may, at any time, exercise the rights of access, rectification, erasure, restriction, portability and objection, as well as the right to lodge a complaint with the Spanish Data Protection Authority (AEPD, www.aepd.es) or with the competent supervisory authority of the User's EU member state of residence. Full detail is set out in the Privacy Policy.

Clause H — Synthesis layer: research / educational only, opt-in

The “Algorithmic Synthesis Layer” (also referred to as “synthesis verdict”) is an OPTIONAL feature that the User must explicitly activate from the Settings panel. Activation requires the User to (i) read this clause, the synthesis methodology page, the disclaimer and the conflicts-of-interest policy, (ii) tick the consent checkbox in Settings, and (iii) press the activation button. Each of these steps constitutes signed acknowledgement of this clause.

The User acknowledges that the synthesis-layer output (a qualitative zone label per instrument, optionally accompanied by a historical price band) is purely OBSERVATIONAL and is produced as a RESEARCH / EDUCATIONAL tool. ACME provides infrastructure plus deterministic algorithmic synthesis; it does NOT provide MiFID II investment advice nor any other regulated investment service. The output does not consider the User's personal circumstances, objectives, or capacity, and the User retains full responsibility for any investment decision.

ACME records the User's consent (timestamp + hashed IP + Terms and methodology versions acknowledged) in an append-only audit ledger, retained for five (5) years in line with MAR Article 22 and MiFID II Article 16(7). The User may deactivate the layer at any time from Settings; the deactivation event is also recorded in the audit ledger. Material changes to the synthesis methodology bump the version identifier and force re-acknowledgement before the layer is displayed again.