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Cookie Policy

Effective Date: March 19, 2026  ·  Version 1.0  ·  Calculus Management LLC

1. What Are Cookies

Cookies are small text files placed on your device when you visit a website. They help the website function correctly, remember your preferences, and give us analytics about how the site is used. Similar technologies include web beacons, pixels, and local storage — this Policy covers all of them.

This Cookie Policy applies to the website at calculusresearch.io, operated by Calculus Management LLC (d/b/a Calculus Research). It should be read alongside our Privacy Policy.

2. Cookie Categories We Use

Essential   Always active — no consent required

These cookies are strictly necessary for the website to function. They cannot be switched off without breaking core functionality.

Cookie / TechnologyProviderPurposeDuration
__cf_bmCloudflareBot management and DDoS protection30 minutes
cf_clearanceCloudflareSecurity challenge clearanceSession / 1 year
HSID, SSID (portal)HubSpotSession authentication for authenticated portal sectionsSession

Analytics   Require consent (UK/EU)

These cookies help us understand how visitors use the Site so we can improve it. All data is aggregated and anonymized for reporting.

Cookie / TechnologyProviderPurposeDuration
__hstc, hubspotutk, __hssc, __hssrcHubSpotTracks visitor sessions, identifies returning visitors, ties form submissions to visitor historyUp to 13 months
_ga, _ga_*Google AnalyticsDistinguishes users, tracks pageviews and sessionsUp to 2 years
_gidGoogle AnalyticsDistinguishes users (short-lived)24 hours

Functional   Require consent (UK/EU)

These cookies enable enhanced functionality and personalization, such as remembering form state or preferences.

Cookie / TechnologyProviderPurposeDuration
messagesUtkHubSpotIdentifies browser for chat widget continuity13 months
hs-messages-*HubSpotStores chat conversation stateSession / persistent

3. Third-Party Resources (Non-Cookie)

The following third-party services are loaded by our pages and may process your IP address or set their own cookies:

We do not use third-party advertising cookies or retargeting pixels.

4. Your Choices and Managing Cookies

Cookie Banner (UK / EU Visitors)

When you first visit the Site from the UK or EU, a cookie consent banner will appear. You can accept all, reject non-essential, or manage individual categories. Your preference is stored so you are not asked again on the same browser for 12 months.

Browser Settings

You can control cookies through your browser settings. Most browsers allow you to:

Note: blocking essential cookies will break website functionality. Links to browser cookie settings:

HubSpot Opt-Out

To opt out of HubSpot tracking specifically, visit: HubSpot's Privacy Policy for opt-out options.

Google Analytics Opt-Out

Install the Google Analytics opt-out browser add-on: tools.google.com/dlpage/gaoptout

5. Legal Basis for Cookie Use (UK / EU)

Under the UK Privacy and Electronic Communications Regulations (PECR) and the EU ePrivacy Directive:

You have the right to withdraw consent at any time by clearing your cookies and declining via the consent banner on next visit, or by contacting us.

6. Changes to This Policy

We may update this Cookie Policy from time to time as we add or remove cookies or as laws change. The "Effective Date" at the top indicates the current version. Significant changes will be communicated via the cookie banner or a notice on the Site.

7. Contact

Calculus Management LLC (d/b/a Calculus Research)
finance@calculusresearch.io
Subject line: Cookie Policy Inquiry