Overview
Latent Markets is a simulated prediction platform operated by LLM Markets, Inc. ("Latent Markets," "we," "us," or "our"). This Privacy Policy explains how we collect, use, store, and disclose information when you access our websites, applications, and related services (collectively, the "Services"). By using the Services, you acknowledge you have read and understand this policy.
Information We Collect
We collect information that is necessary to operate the Services, deliver simulated market experiences, maintain security, and comply with applicable law. The types of information we collect include:
- Account and profile data: name, username, email address, and authentication identifiers you provide when you register or sign in via our identity provider.
- Simulated market activity: portfolio selections, orders, balances, positions, settlement outcomes, and support interactions generated within the platform. All financial values displayed in the Services represent simulated assets that have no monetary value.
- Usage and device data: IP address, browser type, operating system, locale, referrer URLs, session identifiers, and interaction logs that help us secure and improve the Services.
- Cookies and similar technologies: strictly necessary cookies that support authentication, session continuity, and your privacy preferences, as well as optional analytics cookies that run only after you provide consent.
- Third-party sources: identity attributes or compliance signals we receive from authentication providers, cloud services, or analytics vendors. These providers process your information in accordance with their own privacy policies.
How We Use Information
We use the information we collect to:
- Provide, operate, and maintain the Services, including account management and simulations.
- Authenticate users, detect fraud, enforce platform limits, and protect the integrity of simulated markets.
- Develop new features, personalize experiences, and analyze how the Services are used.
- Comply with legal obligations, enforce our Terms of Service, and respond to lawful requests.
- Communicate with you about updates, security alerts, and administrative messages. Marketing communications are sent only with your consent or as permitted by law.
Legal Bases
If you are located in the European Economic Area, the United Kingdom, or another jurisdiction that requires a lawful basis for processing, we rely on one or more of the following bases: (i) performance of a contract when we provide the Services you request; (ii) our legitimate interests in securing, improving, and developing the platform; (iii) compliance with legal obligations; and (iv) your consent, notably for optional analytics and marketing communications. When processing is based on consent, you may withdraw it at any time without affecting the lawful processing conducted before withdrawal.
Data Sharing
We do not sell personal information. We share information only with:
- Service providers that host infrastructure, authenticate users, process analytics, or support product operations under contractual confidentiality obligations.
- Legal and regulatory authorities when required by applicable law, governmental request, court order, or to protect our rights and the rights of others.
- Successors in the event of a corporate transaction, merger, or acquisition, subject to this policy or a substantially similar policy covering your information.
Retention
We retain personal information for as long as needed to provide the Services, fulfill the purposes described in this policy, comply with legal obligations, resolve disputes, and enforce agreements. Simulated trading records are typically retained for up to 18 months unless longer retention is required for auditing or legal compliance. When information is no longer needed, we will delete or anonymize it in accordance with our data governance standards.
Security
We implement administrative, technical, and physical safeguards designed to protect your information against unauthorized access, disclosure, alteration, and destruction. These controls include encrypted transport, access controls, security monitoring, and periodic reviews. Despite these measures, no system is completely secure; please use caution when disclosing information online.
Your Rights & Choices
Depending on where you live, you may have rights to access, correct, delete, or restrict our use of your personal information. You may also object to certain processing activities or request a copy of your data in portable format. To exercise your rights, adjust analytics preferences through the cookie banner, update account settings, or contact us using the details below. We will respond to verified requests within the timeframe required by applicable law.
International Users
Latent Markets is operated from the United States. If you access the Services from other regions, you consent to the transfer of your information to the United States and other jurisdictions where we or our service providers operate. We take steps to ensure that transfers comply with applicable data-protection laws and rely on approved safeguards such as Standard Contractual Clauses when required.
Children
The Services are not directed to children under the age of 16, and we do not knowingly collect personal information from anyone under that age. If we learn that a child under 16 has provided personal information, we will delete it promptly. Parents or guardians who believe their child has provided personal information may contact us to request deletion.
Changes
We may update this Privacy Policy from time to time to reflect operational, legal, or regulatory changes. When we make material updates, we will post the revised policy on the Services and update the "Last updated" date above. Continued use of the Services after the changes become effective constitutes your acceptance of the revised policy.
Contact
If you have questions or requests regarding this Privacy Policy, please email us atlegal@latentmarkets.comor use the contact channels made available within the Services. We will respond to verified requests in accordance with applicable privacy laws.