AlphaDesk – market terminal your own AI agent reads over MCP

AlphaDesk launched a market-research terminal that lets users query market data, SEC filings and US Treasury records through their own AI agent via 37 read-only MCP tools, with the code released under the GNU AGPL-3.0 and a commercial licence alternative. The service is free during early access, with planned pricing of $19 a month or $190 a year after a 14-day trial, and is offered either as a managed cloud service or self-hosted, requiring users' own vendor keys from providers including Alpaca, FMP, Finnhub, Polygon, CoinGecko and Tiingo. AlphaDesk states it does not trade, route orders, hold positions, score ideas or write summaries, and that the server holds no vendor keys.

A dense, fast market-research terminal and integration platform. Readers connect their own market-data and news providers; AlphaDesk is the workspace that connects, checks and presents what those providers — and the public record at SEC EDGAR and the US Treasury — actually say. Questions are asked in the reader's own AI agent Claude, ChatGPT, Codex, Cursor, opencode , which reads the same records through 37 read-only agent tools MCP . AlphaDesk reads : quotes and charts, news, SEC filings, financial statements, ownership and insider activity, earnings and corporate calendars, options, crypto. It does not trade, route orders, hold positions, score ideas or write summaries. Two ways to use it — the managed cloud option-a--managed-cloud or your own server option-b--self-hosted-agpl-30 . The code is open source under the GNU AGPL-3.0 , with a commercial licence for anyone who cannot meet its terms. See Licence licence . | AlphaDesk is | AlphaDesk is not | |---|---| | A consumption terminal : it fetches, checks and presents market information | A trading system — there is no order routing, position state or broker integration | | An integration platform : every vendor figure runs on the reader's own key | An aggregator — the server holds no vendor keys and never shares one reader's data with another | | A presenter of records : filings, statements, stories and prices, shown whole with their source | A summariser — no model writes, paraphrases or scores anything here | | Pluggable : news feeds, market data, transcripts and dashboard tiles are swappable providers | A black box — every list is chronological, alphabetical or ordered by the figure it shows | It is offered free at present payments are designed but switched off; see Accounts accounts-security-and-privacy . | | Option A — Managed cloud | Option B — Self-hosted | |---|---|---| | Price | Free during early access. Planned: $19 a month or $190 a year, announced before it starts | Free | | Licence | Commercial terms of service — no AGPL obligations for you | GNU AGPL-3.0 | | You run | Nothing: sign in with GitHub | One container or one Python process, and a database | | Search by meaning | Included the embedding model runs on our servers | Runs on your CPU ~1.2 GB model, 2 vCPU / 4 GiB recommended or switched off | | Vendor keys | Your own, connected on the Account page | Your own, in .env or the Account page | | Updates | Continuous | git pull and restart | 1. Open the hosted terminal https://alphadesk-764298799571.us-east4.run.app and sign in with GitHub — the account is created on first sign-in. Google sign-in admits invited accounts only until Google approves the app. 2. On the Account page, connect the market-data and news providers you already use Alpaca, FMP, Finnhub, Polygon, CoinGecko, Tiingo, … . SEC EDGAR and the US Treasury need no key. 3. It is free during early access — there is no plan to choose and no card to enter. Paid plans $19 a month or $190 a year, each after a 14-day trial will be announced to account holders before they start; nobody is charged without subscribing. 4. Optional: connect your own agent from the Account page — a token for Claude Code, Codex, Cursor or opencode, or add the server URL as a connector in Claude.ai or ChatGPT. You need a SEC User-Agent with real contact details SEC blocks requests without one , Python 3.11+ or Docker, and — for anything beyond EDGAR and Treasury data — your own vendor keys. 1. Configure. Copy the template and fill in the two required values: cp alphadesk/deploy/env.example .env | Setting in .env | Required | What to put | |---|---|---| | ALPHADESK VAULT KEY | yes | 32 random bytes, base64 — seals stored vendor keys; keep a copy, losing it makes them unreadable | | SEC USER AGENT | yes | AlphaDesk you@example.com — a name and a real email | | ALPHADESK AUTH | for one person | off : a single local account with no sign-in | | ALPHADESK DATABASE URL | no | a postgres:// URL; unset, SQLite in ALPHADESK DATA ~/.alphadesk | | ALPACA API KEY , ALPACA SECRET KEY , FMP API KEY , FINNHUB API KEY , POLYGON API KEY , ALPHAVANTAGE API KEY , COINGECKO API KEY | no | your own keys; sealed into the local account with python -m alphadesk.main keys import-env or connect them on the Account page instead | | ALPHADESK SEMANTIC SEARCH | no | off skips the ~1.2 GB embedding model; search then matches words only | | GOOGLE CLIENT ID / GITHUB CLIENT ID + secrets , ALPHADESK BASE URL | for several people | single sign-on for a shared instance | Generate the vault key with: python python -c "import os, base64; print base64.b64encode os.urandom 32 .decode " 2a. Run with Python. pip install -r requirements.txt python -m alphadesk.main keys import-env python -m alphadesk.main dashboard The terminal is at http://127.0.0.1:8000 http://127.0.0.1:8000 . The first start downloads the embedding model into the Hugging Face cache. 2b. Or run with Docker. The image bakes the embedding model in, so a container downloads nothing at start: docker build -t alphadesk . docker run -d --name alphadesk -p 8000:8000 --env-file .env -e ALPHADESK DATA=/data -v alphadesk-data:/data alphadesk With ALPHADESK AUTH left on and no sign-on provider configured, create a password account inside the container: docker exec -it alphadesk python -m alphadesk.main user add you@example.com 3. Keep it private or publish your changes. Under the AGPL, if you let other people use a modified copy over a network, you must offer them the source of your version. Using it yourself, unmodified, or keeping your changes to yourself on your own machine carries no such obligation. Billing stays off ALPHADESK BILLING ENFORCE is off by default , so every account on your instance has full access. These are the product. Much of what might look missing was built, measured and removed on purpose — DECISIONS.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/DECISIONS.md says what and why. Bring evidence and open an issue. 1. Nothing is paraphrased. Every panel and agent tool returns what a vendor or EDGAR actually said — a filing in pages, a statement series, a story's own text. If a figure cannot be shown with its source, it is not shown. 2. Indicators hide when the data cannot support them. Bar coverage and gap size are measured per series; below the floor RSI and MACD are hidden rather than drawn over sparse prints that would render identically to a liquid name's chart. 3. Nothing is ranked for you. The screener window is alphabetical; calendars and agent tools order only by the figure on each row. Search results are newest first — a model may decide what is related , never what comes first. 4. An idle terminal spends nothing. Background loops fetch only public data and each reader's own news; everything else is fetched on request, on the requesting reader's keys. 5. Untrusted text stays untrusted. Headlines, articles, filings and transcripts are data. Nothing here acts on them, and the agent tools that return them say so. 6. Not an aggregator. Merging several news feeds is the reader's act, on their own credentials, for their own window. 7. The agent surface is read-only and per reader. Every agent call runs as exactly the reader whose token or grant it carries. 8. Vendor data is the reader's. No vendor key on the server; no keyless route to a commercial vendor or unofficial endpoint; every vendor cache keyed by reader; vendor data kept only as long as a feature reads it. | Page | What it shows | |---|---| | Landing / | Product overview with blurred screenshots; sign-in and sign-up | | Markets | A composable board: chart, equity overview, funds built on the stock, stock/ETF/crypto/currency/option movers, Treasury yields, heatmap, news | | Chart | Full workspace: candles, line, area, step and other styles; 1-minute to multi-year intervals; indicators and templates; drawing tools desktop, per visit ; multi-chart layouts; overnight, pre-market, after-hours and weekend session shading | | Analysis | One name end to end: chart, filings, price performance, key statistics, earnings history and consensus, analysts, rating changes, financials as filed, splits, dividends, institutional and insider ownership, news. Funds add holdings and breakdown; coins get their CoinGecko record instead of stock-only panels | | Profile | Who a company is: EDGAR registrant facts, the latest 10-K/20-F business and properties sections verbatim, locations, officers; a coin's CoinGecko record | | News | Each reader's merged feeds, three days deep, newest first; filter by words, source or board; search by words and by meaning; an in-page reader with full text where the feed carries it | | Earnings | The week's reporters, dated by the company's own release and joined to its SEC results filing; sessions predicted from history; estimates, actuals, surprise, market cap, volatility, liquidity | | Calendars | Economic releases, dividends, corroborated splits and IPOs | | Options | Chains with implied volatility, calls green and puts red; options flow seen live | | Sectors | Sector funds by weight and dollars traded, with breadth | | Baskets | 36 curated baskets grouped by the news that moves them rates, oil, tariffs, chip export rules, bitcoin, … , plus the reader's own | | Portfolio / custom views | The reader's saved boards | | Account | Coverage matrix of connected vendors and feeds, agent access tokens and connected apps , sign-in methods and sessions | | Admin | Owners only: accounts, last seen, sign-in methods, sign-out-everywhere, disable, delete | | Terms, Privacy, Disclaimer | Public drafts pending legal review | - The symbol strip scopes every page; picking a row adds and selects the symbol without moving the page. - Composable boards : show, hide, reorder, size and place tiles; the layout lives in the URL, so a link restores the exact board. - Live data where the reader's plan streams it Alpaca stock, crypto and news sockets , polling elsewhere; a 428 prompt names the vendors and plans that would fill any panel the reader's keys cannot. - Phones : every page is laid out for a 375-pixel screen as well as a desktop. - Light and dark themes , a hand-rolled design system on a 4-pixel grid with six type roles, and full keyboard focus handling in every overlay. | Vendor | Carries plan-dependent | |---|---| | Alpaca | Consolidated SIP and IEX bars, overnight Blue Ocean session, quotes, movers, crypto, option chains with IV, options flow, corporate actions | | Financial Modeling Prep | Calendars earnings, economic, dividends, splits, IPOs , key statistics, profiles, analysts, market caps, currencies, press releases, fund data | | Polygon Massive | Bars, quotes, movers, currencies, options | | Finnhub | Company metrics, profiles, earnings calendar and sessions | | Alpha Vantage | Company overview, bars | | CoinGecko | Worldwide crypto prices, volume, market caps and coin records | For each panel the reader's connected vendors are asked in a fixed, documented order; the first that carries the figure answers. Charts and option chains are pinned to one vendor, never stitched across tapes. Alpaca Benzinga , Polygon, Finnhub, Benzinga, Tiingo, Alpha Vantage, Marketaux and FMP. Several feeds merge into one window per reader, de-duplicated by URL. Alpaca's news streams live; the rest poll every five minutes. - SEC EDGAR : filings and their text, XBRL financial statements, Form 4 insider trades, 8-K Item 2.02 and 6-K results releases release day read from the filing itself , ticker and company lists. - US Treasury : the daily par yield curve. Every source, how it is collected and its terms are listed in docs/data-sources.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/data-sources.md . Vendor terms are separate from the code licence; see Known limitations known-limitations . News search works two ways at once, everywhere a reader searches — the News filter box, "Search all" and the agent's news search tool: - By words — one rule shared by the server and the browser: whole words in order, plurals matched to singulars, a capitalised ticker matched exactly, and a query that names a company also finds stories tagged with it "robinhood" finds stories tagged HOOD . - By meaning — stories whose headline is close in meaning to the query are added and marked related , so "AI data center spending" finds "Equinix plans $5B–$7B annual data center buildout" without a shared phrase. This uses Qwen3-Embedding-0.6B Apache 2.0 , self-hosted inside the server : no text leaves AlphaDesk and there is no model key. Headlines are embedded once as they arrive; the threshold cosine 0.50 was calibrated so that only on-topic stories are added. Results remain newest first.The embedding work never competes with the site: the model runs on a single CPU thread, the background worker runs at the lowest operating system priority, and it embeds only while no request is being served. Searches take about a third of a second. A coin's news panel reads all crypto and what moves it — any coin's stories, crypto stocks, stories naming crypto, and Fed and rates headlines — each marked with the reason it is there. AlphaDesk exposes the same records the interface shows as 37 read-only tools over the Model Context Protocol https://modelcontextprotocol.io , at /api/agent/tools/mcp . Every call runs as the reader , on their keys, rate-limited to 120 requests a minute per token. Connecting - Claude.ai, ChatGPT — add a custom connector with the server address and sign in when asked OAuth 2.1 with PKCE; one live grant per registered app . - Claude Code, Codex, Cursor, opencode — create a token on the Account page under Agent access shown once, stored hashed, revocable at once ; the page gives each client's exact setup. Tools | For | Tools | |---|---| | Today | market today , market tape , movers , sector performance , sector breadth | | The reader's names | my board , quotes , screener window , baskets , find symbol | | One company | quote , key stats , company profile , fund profile , analyst view , financial statements , earnings history , ownership , insider activity , peers , compare metrics | | Prices | price history , price chart | | News | symbol news , news search , news story | | Filings and calls | list filings , filing text , transcripts , transcript text | | Calendars | earnings calendar , recently reported , economic calendar , corporate calendar | | Options | option expirations , option chain , options flow | The tools are written for an agent that cannot see the screen: find symbol resolves a name to a ticker from the SEC list rather than letting an agent guess; price chart returns a thinned series carrying each point's RSI and MACD; filing text and transcript text return whole documents in pages; news search marks each story as a word or meaning match. Tools that return publisher or filer text say that it is untrusted input. - Sign-in : single sign-on is the only door and is also sign-up — Google and GitHub are live, Microsoft is a configuration slot. The email address is the account key across providers; each sign-in's method is recorded. - Sessions : HMAC-signed cookie, 14-day lifetime, sign-out everywhere. - Vendor keys : sealed per reader with AES-256-GCM under a master key held outside the database; never logged, never shown after entry. - Agent credentials : tokens and OAuth codes stored as SHA-256 hashes; OAuth clients sealed; consent page signed, same-site and unframeable. - Owners configured by email reach the Admin page; everyone else is a reader. Access is free : a trial is recorded but the access gate is off and no payment processor is configured. - Retention — vendor data is kept only as long as a feature reads it : stories 7 days, full article text 72 hours, meaning vectors with their stories, company announcements 30 days past the report, the forecast log 120 days, release habits 3 days, press-release checks 24 hours. Removing a key deletes what that key fetched. - Deletion : a reader can delete their account, confirmed by typing its email; every row keyed to it is removed in one transaction. The table list is checked against the schema by the test suite. - No analytics, advertising or tracking. The full account, session, key-vault and agent-credential design is in docs/hosted-mode.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/hosted-mode.md . ┌──────────────────────────────────────────────┐ Browser React SPA ─┤ FastAPI · one process · one port │ Reader's agent MCP ┤ │ │ /api/ ── panels, composed per request │ │ /api/agent/tools/mcp ── 37 read-only tools │ │ OAuth 2.1 at the root /authorize, /token… │ │ │ │ Per-reader DataRouter ──► reader's vendors │──► Alpaca · FMP · Polygon │ ordered per panel; 428 when none carry │ Finnhub · Alpha Vantage │ │ CoinGecko │ Background: │ │ news poll 5 min + held news sockets │──► each reader's feeds │ EDGAR results sweep 15 min, weekdays │──► SEC EDGAR │ daily earnings forecast capture │──► Treasury │ embedding worker search by meaning │ └──────────────┬───────────────────────────────┘ │ Postgres Cloud SQL in production SQLite WAL in development Backend — Python 3.11+. FastAPI with synchronous handlers on a 40-worker thread pool and explicit socket deadlines for every upstream. Providers are structural Protocols NewsProvider , PriceProvider , TranscriptProvider , built per reader from their sealed keys and discoverable through entry points. The request's reader identity travels in a context variable; background threads deliberately do not inherit it. The store speaks SQLite locally and Postgres through the pure-Python pg8000 driver in production. The embedding model runs in process on CPU via sentence-transformers and PyTorch's CPU build. Frontend — TypeScript, React 19 and Vite, built to static files the Python process serves. Tailwind CSS v4 carries the design tokens 14-pixel root, 4-pixel spacing grid, six type roles, light and dark . TanStack Query shares one query per endpoint. There is no component library and no chart library : primitives are hand-rolled, and the chart is AlphaDesk's own SVG renderer, with candles batched into four paths so the node count is constant in bar count. alphadesk/ main.py entry point: web server + background loops, and the CLI app/ FastAPI app, auth, admin, agent access tokens, OAuth, MCP mount providers/ the plugin seams, vendor implementations, catalogue, per-reader router ingest/ EDGAR, news polling, calendars, movers, prices and indicator math desk/ screener window, filings, transcripts, market-today ledger/ store SQLite / Postgres , database adapter, key vault mcp server.py the agent tools semantic.py search by meaning self-hosted embedding model cryptonews.py a coin's news selection newsquery.py the word-search rule billing.py owners, trial, the off access gate and payment seam config.py settings, retention, curated baskets ui/ React 19 + Vite frontend built into app/static deploy/ deployment guide and the configuration template docs/ data sources, providers, widgets, hosted mode scripts/deploy.sh build on Cloud Build and roll the Cloud Run service tests/ pytest suite - Python 3.11+ , Node with pnpm - A SEC User-Agent string with real contact details SEC requires one - Your own vendor keys for anything beyond EDGAR and Treasury - About 1.5 GB of disk for the embedding model, downloaded on first use or set ALPHADESK SEMANTIC SEARCH=off pip install -r requirements.txt cp alphadesk/deploy/env.example .env then edit: vault key, SEC user agent python -m alphadesk.main dashboard API + built SPA on http://127.0.0.1:8000 Generate a vault key 32 random bytes, base64 : python python -c "import os, base64; print base64.b64encode os.urandom 32 .decode " For local work without sign-in, set ALPHADESK AUTH=off one local account , put your own vendor keys in .env , and seal them into that account: python -m alphadesk.main keys import-env Frontend with hot reload proxies /api to the running server : cd alphadesk/ui && pnpm install && pnpm dev | Command | Purpose | |---|---| | python -m alphadesk.main dashboard | The web server and background loops | | python -m alphadesk.main keys import-env | Development: seal .env vendor keys into the local account | | python -m alphadesk.main earnings | Stamp today's EDGAR results releases and list the last three days | | python -m alphadesk.main backfill --hours 72 | Backfill EDGAR results releases | | python -m alphadesk.main calendar-accuracy --days 30 | Score calendar vendors against EDGAR release days | | python -m alphadesk.main mcp --http | The agent tools standalone EDGAR only — no reader identity | | python -m alphadesk.main user … | Manage password accounts for instances without SSO | - Providers : implement a Protocol and register it through a local module ALPHADESK PLUGINS or the alphadesk.providers entry point — docs/providers.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/providers.md . - Dashboard tiles : register a widget in ui/src/widgets/ , or serve tiles from an external JSON backend ALPHADESK WIDGET BACKENDS — docs/widgets.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/widgets.md . - Conventions and checks: CONTRIBUTING.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/CONTRIBUTING.md ; the rules and what was tried and undone: DECISIONS.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/DECISIONS.md ; reporting a vulnerability: SECURITY.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/SECURITY.md . Environment variables also read from .env . Only the first two are required. | Variable | Purpose | |---|---| | ALPHADESK VAULT KEY | Required. 32 bytes, base64: seals every reader's keys. Losing it makes them unreadable | | SEC USER AGENT | Required. Descriptive User-Agent with contact details, as SEC asks | | ALPHADESK DATABASE URL | Postgres connection string; unset uses SQLite in ALPHADESK DATA | | ALPHADESK DATA | Data directory for SQLite default ~/.alphadesk | | ALPHADESK AUTH | off for a single local account without sign-in | | GOOGLE CLIENT ID / GOOGLE CLIENT SECRET | Google sign-in likewise GITHUB … , MICROSOFT … | | ALPHADESK BASE URL | Public URL; OAuth redirects and the agent host allowlist depend on it | | ALPHADESK SECRET | Session signing secret | | ALPHADESK COOKIE SECURE | Secure cookies on behind HTTPS | | ALPHADESK OWNER EMAILS | Owner accounts Admin page, never gated | | ALPHADESK TRIAL DAYS / ALPHADESK BILLING ENFORCE / ALPHADESK BILLING PROVIDER | Trial length, access gate on for the managed service; off by default , payment processor stripe when a Stripe key is set | | STRIPE SECRET KEY / STRIPE WEBHOOK SECRET | Managed service only: Stripe checkout and signed webhooks at /api/billing/webhook . Unset, checkout answers 503 and nothing is charged | | STRIPE PRICE ID MONTHLY / STRIPE PRICE ID YEARLY | The two plans' Stripe price IDs $19 a month, $190 a year | | ALPHADESK SEMANTIC SEARCH | off disables search by meaning | | ALPHADESK EMBED MODEL / ALPHADESK SEMANTIC THRESHOLD | Embedding model default Qwen/Qwen3-Embedding-0.6B and similarity cutoff 0.50 | | ALPHADESK PLUGINS / ALPHADESK WIDGET BACKENDS | Provider plugins; external tile backends | | NEWS REFRESH MINUTES / NEWS LOOKBACK HOURS / NEWS KEEP DAYS | News poll interval 5 , window 72 h , retention 7 days | | CHART MIN COVERAGE / CHART MAX MEDIAN GAP MIN | The indicator coverage gate | | DASHBOARD HOST / DASHBOARD PORT | Web server bind Cloud Run injects PORT | | MCP HOST / MCP PORT | Standalone agent server bind default port 8010 | The full annotated template is alphadesk/deploy/env.example ; every setting's default lives in alphadesk/config.py . The reference service runs on Google Cloud Run alphadesk , us-east4 with Cloud SQL for Postgres . | Setting | Value | Why | |---|---|---| | Size | 2 vCPU, 4 GiB | The embedding model and the web server share the instance | | Instances | exactly 1 min = max = 1 | One writer for the background loops and live sockets | | CPU | always allocated, startup boost | Background loops run between requests | | Image | Python 3.12 slim, PyTorch CPU build, model baked in ~1.2 GB | Nothing is downloaded at start; model loads in seconds | Deploying — continuous integration runs the tests, lint and build on every pull request; deploying stays a maintainer's step. After a merge to main : scripts/deploy.sh The script refuses unless the checkout is a clean main matching the remote, builds the image on Cloud Build, rolls the service with the new image only environment, database mount and scaling untouched , and checks that the live page serves the new build. The frontend bundle is committed under alphadesk/app/static , so the image needs no Node build step. Operations - Logs: Cloud Logging for the alphadesk service; the ingest loops, pruning and the embedding worker log their progress there. - Always-on is required as built; approximate cost at this size is $110–120 a month for the service plus Cloud SQL . The lever for cost is a smaller embedding model, not scaling to zero. - Graceful shutdown is bounded: a revision stops within seconds. - Kill switch for search by meaning. If the service ever slows or refuses requests, turn it off without a rebuild — search falls back to words alone: gcloud run services update alphadesk --region us-east4 --update-env-vars ALPHADESK SEMANTIC SEARCH=off Always use --update-env-vars adds or changes one variable , never --set-env-vars replaces every variable . The worker's start-up log line reports the cores the machine claims and the thread the model uses expected: one . - Background work is shipped switched off, then enabled and watched. A 2-vCPU container reports more cores than it has, so behaviour on a many-core laptop does not predict production: sizing threads from the reported core count once starved the web server of a live instance. | Check | Command | Scope | |---|---|---| | Backend tests | python -m pytest -q | ~720 tests: providers, calendars, EDGAR parsing, news rules, search, agent tools, auth, accounts, retention | | Frontend tests | cd alphadesk/ui && pnpm test | Pure logic under src/lib/ tests chart scales, sessions, news matching, layouts | | Type-check and build | cd alphadesk/ui && pnpm build | tsc -b project references — tsc --noEmit checks nothing here then Vite | | Lint | python -m ruff check alphadesk | Python | - Vendor terms. Market data is fetched on your own key, under your own agreement with each vendor, and those terms govern how you may use it. Plans differ — some are personal, some restrict display to others or storage — so check your plan before using AlphaDesk in a hosted or shared setting. Each vendor's terms are linked in docs/data-sources.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/data-sources.md . - Untested paths. Some paid-plan surfaces Alpha Vantage, Finnhub premium, Polygon paid were built from documentation and have not been exercised against a live key. - Search by meaning reads headlines only summaries would cost several CPU-hours a day per reader , and a new deployment embeds the stored backlog before older stories can match by meaning. - Legal pages are drafts awaiting counsel. AlphaDesk became a consumption terminal by subtraction. Screener ranking, operator-held data and unofficial sources, the in-app agent and the in-app language model were each removed in turn, every one for a measured or stated reason — see DECISIONS.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/DECISIONS.md . The one model that remains is the self-hosted embedding model used for search. AlphaDesk is dual-licensed . Copyright © 2026 Vignesh Murugan. Open source — GNU AGPL-3.0 LICENSE https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/LICENSE . You may use, study, modify and redistribute AlphaDesk. The AGPL is a strong copyleft licence with one clause beyond the GPL: if you run a modified copy and let others use it over a network , you must offer those users the complete source of your version under the same licence. Distributing copies, modified or not, likewise carries the source with it. Running it for yourself imposes nothing. Commercial licence. For organisations that want to embed AlphaDesk in a proprietary product, run a modified hosted service without publishing their changes, or need an enterprise exception, a commercial licence is available — contact muruganvignesh0810@gmail.com mailto:muruganvignesh0810@gmail.com . The managed cloud is offered under its own terms of service; subscribers take on no AGPL obligations. Contributions are accepted under a contributor licence agreement https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/CLA.md , so the project can continue to offer both licences; contributors keep the copyright in their work. Dependencies are all under permissive licences MIT, ISC, BSD, Apache 2.0 , and no copyleft dependency may be added — it would prevent the commercial licence. The web interface ships its third-party notices at /third-party-notices.txt , written by every build from the packages the bundle actually contains the fonts are under the SIL Open Font License . The embedding model, Qwen3-Embedding-0.6B, is Apache 2.0. Data is not code. The code licence grants nothing over market data. Each vendor's terms govern the data fetched on your key; see docs/data-sources.md https://github.com/vigneshv1cky/alphadesk-terminal/blob/main/docs/data-sources.md .