People Markets is a regulated venue operated by People Markets Holdings. The terms below describe how the venue treats its users, its listed subjects, and the public. Where a binding document exists, this page links to it. Where one does not, this page states the posture we will hold ourselves to until that document publishes.
1. Terms of use.
Opening an account requires identity verification through our KYC partner, agreement to the funding-rate model, and acceptance of margin and liquidation rules in force at the time of trade. The account is personal. It is not transferable, and it cannot be sold, lent, leased, or shared with another person. You are responsible for activity on it.
Eligibility is gated at signup. You must be of legal trading age in your jurisdiction (18 in most, 21 in a few), present in a permitted jurisdiction, and not on a sanctions list at any tier we screen against. The list of permitted jurisdictions is published in §3 and updates as we add or remove markets.
Prohibited conduct includes market manipulation in any form (spoofing, layering, wash trading, quote stuffing), coordinated activity across multiple accounts, trading on material non-public information about a listed subject, and any attempt to corrupt the index by feeding falsified upstream signal. We reserve the right to close accounts for material rule breaches without notice and to claw back proceeds of manipulative trading.
Disputes between you and the venue are resolved by binding arbitration, seat to be published in the binding document, with class actions waived to the extent the law of your jurisdiction permits. Disputes between you and another user are out of scope for the venue. You can close your account at any time. We will return any unencumbered balance through the same rail you funded with.
2. Privacy policy.
We collect what we need to run the exchange, and nothing else. Identity data (legal name, date of birth, country of residence, government ID) is collected through our KYC partner and is held by them under contract, with a redacted reference held by us. Contact data (email, optional phone) is held by us. Trading data (orders, fills, positions, P&L, funding paid) is held by us indefinitely as part of the audit trail the regulator requires.
We do not collect biometric data beyond what the KYC step requires. We do not scrape your social graph. We do not sell user-level data to anyone, including ad networks, data brokers, market-data resellers, or analytics vendors. Aggregate metrics about venue activity (volume, open interest, top markets by flow) are public; nothing published links back to a user.
Retention follows the regulatory floor for the relevant data class. After that floor, you can request deletion of account data through the support channel and we will confirm completion in writing. Some data (settled trades, audit logs, regulatory filings) cannot be deleted while a record-keeping obligation is in force; we will say so explicitly when that applies.
3. Jurisdictional posture.
The venue is offered in a defined list of jurisdictions and is unavailable elsewhere. Eligibility is gated at signup by KYC, IP, and address-of-record checks. Where local law requires additional disclosures, leverage caps, or product restrictions, we apply them at the user level rather than the venue level.
The binding list of permitted jurisdictions, the local leverage caps, and the registration regime under which we operate in each will be published with the binding terms. We expect to ship with a tight initial perimeter and to expand as each subsequent jurisdiction's review concludes. We will not operate in any jurisdiction where the product is not lawfully offered.
4. Cookie and analytics policy.
This marketing site uses first-party functional cookies to remember your theme preference. It does not run third-party trackers and does not load advertising scripts. If we add traffic analytics in future, we will use a privacy-respecting provider that does not build cross-site profiles, and we will say so on this page.
The trading venue, when it goes live, will use additional first-party cookies and local storage strictly to maintain your authenticated session and to remember interface preferences. It will not run advertising trackers there either.
5. Subject delisting.
A verified subject can request delisting at any time. The request goes to a dedicated legal contact and is acknowledged within one business day. The market closes within 48 hours of the verified request. Open positions settle at the last index print before closure. The page goes dark. There is no fee, no friction, and no requirement to provide a reason.
We log the request internally for audit. We do not publish the fact of a delisting request unless the subject asks us to, and we do not enter the delisting reason into any public catalog. A delisted subject does not return to the catalog except by their own subsequent request, in writing.
6. Notice and counter-notice.
Anyone can flag content for review. The categories we review are: an event-market question that may be malformed, ambiguous, or settle-resistant; a catalog editorial note that misstates a public fact; an oracle reading that conflicts with an independently sourced ground truth; and a listing the flagger believes does not meet the published eligibility threshold.
Flags go to the listing committee through a public form. The committee responds within five business days for routine flags and within 24 hours for material market integrity issues. If the flag concerns content authored by a specific user or partner, that author may file a counter-notice, and the committee will publish the material outcome of any review that changes a market state.
7. Contact.
Pre-launch enquiries about any of the above go to legal@peoplemarkets.xyz. The binding documents (terms of use, privacy policy, cookie policy, jurisdictional schedule) publish before the venue opens, and this page links to each of them at that point. If you need the current working draft of a specific document, write to founders@peoplemarkets.xyz and we will send it.