HELIOS
LEGAL — DOCUMENT 3 of 3

Risk Disclosure & No Investment Advice

Version 0.1 · Effective 2026-05-03 · Operator: KTR Capital, LP (Texas)

Version 0.1 — Template pending attorney review. This is a working draft. Final language must be reviewed by qualified securities counsel before relied upon.
Read this carefully. By accessing Helios Markets you acknowledge that the signals, analytics, commentary, and any other content (collectively, "Content") are not investment advice, are provided for informational and educational purposes only, and you alone are responsible for any trading or investment decisions you make.

1. Not Investment Advice; No Adviser Relationship

KTR Capital, LP ("we", "us", "Helios") is a publisher of impersonal market structure analytics. We are not a registered investment adviser, broker-dealer, futures commission merchant, commodity trading advisor, or any other regulated investment professional, and nothing on Helios Markets constitutes a recommendation, solicitation, endorsement, or offer to buy, sell, or hold any security, derivative, or other financial instrument.

The Content is general in nature, is not tailored to the specific objectives, financial situation, risk tolerance, or particular needs of any individual user, and does not create any fiduciary, advisory, or other special relationship between you and Helios.

2. Trading Involves Substantial Risk of Loss

Trading equities, options, futures, and other financial instruments involves substantial risk and is not suitable for all investors. You may lose part or all of your invested capital. Options trading in particular involves leverage, time decay, and the potential for total loss of premium paid.

Before trading, you should:

3. No Guarantee of Accuracy, Completeness, or Profitability

While Helios takes reasonable care in producing its Content, we make no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, or suitability of any signal, analytic, level, regime classification, AI-generated commentary, trade plan, or other Content. Market data, dealer positioning estimates, options analytics, and AI commentary may contain errors, omissions, latencies, or systemic biases.

Past performance, backtested results, hypothetical performance, and historical accuracy of signals are not indicative of future results. Any performance figures presented on the website or within the product reflect prior periods and may be materially different from any results obtained in live trading.

4. AI-Generated Content

Helios uses large language models to generate plain-language commentary on market structure signals. AI commentary is generated automatically, may contain inaccuracies, may "hallucinate" facts, and is provided as-is without warranty. You should independently verify any factual claim before relying on it.

5. Independent Decision-Making Required

You agree that all trading and investment decisions you make are your own, made independently and without reliance on Helios, and you are solely responsible for the consequences of those decisions, including any financial losses incurred.

6. No Execution Services

Helios does not execute orders, manage capital, hold customer funds, or operate as a broker-dealer or futures commission merchant. Helios is signals-only.

7. Tax and Legal Treatment

Helios provides no tax, legal, regulatory, or accounting advice. The Content does not address the suitability of any product or service for your particular circumstances.

8. Forward-Looking Statements

Some Content (regime forecasts, hedge requirement projections, event stress overlays) is forward-looking by nature. Forward-looking statements involve known and unknown risks and uncertainties, and actual market behavior may differ materially.

9. Acknowledgment

By creating an account, accessing the dashboard, or using the API or WebSocket feeds, you acknowledge that you have read, understood, and agree to this Risk Disclosure and that you assume all risk of loss arising from your use of the Content.


Limitation of liability. See Section 12 of the Terms of Service for the full limitation of liability and indemnification provisions, which apply to your use of all Helios Content.
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