{
  "request_id": "4a74f991-dcfd-4b1d-92db-aaf843fb9a5c",
  "timestamp": "2025-12-22T15:47:44.445286+00:00",
  "status": "REJECTED",
  "strategy_id": "equity-scout-v1",
  "asset_class": "equity",
  "symbol": "NVDA",
  "side": "long",
  "notional": 10,
  "quantity": 0,
  "price": 0,
  "fees": 0,
  "reason": "REJECTED: min_seconds_between_trades not met for 'equity-scout-v1' age_s=412 < min_s=900",
  "thesis": {
    "intent_id": "4a74f991-dcfd-4b1d-92db-aaf843fb9a5c",
    "thesis_id": "b22dbf96-99fd-49a9-a803-6c47961d1009",
    "created_at": "2025-12-22T15:47:44.277257+00:00",
    "strategy_id": "equity-scout-v1",
    "agent_name": "equity-scout-v1",
    "run_id": null,
    "asset_class": "equity",
    "symbol": "NVDA",
    "side": "long",
    "notional": 10,
    "confidence": 0.55,
    "expected_horizon": "1h",
    "summary": "Equity Scout NVDA vs SPY: rel5=0.16% rel15=0.10% rel1h=0.07% (thr5=0.10%) -> BUY",
    "reasoning_ref": "equity_scout rel5=0.001642 rel15=0.000959 rel1h=0.000653 thr5=0.001000 baseline=SPY",
    "features": {
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        "baseline_5m_bps": 12.006208088083637,
        "rel_5m_bps": 16.415304810909685,
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        "baseline_15m_bps": -0.5849321478719774,
        "rel_15m_bps": 9.585832237880544,
        "symbol_1h_bps": 12.824360828398332,
        "baseline_1h_bps": 6.29234528878865,
        "rel_1h_bps": 6.532015539609682,
        "sym_vol": 0.00029681971533409467,
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        "assumed_spread_bps": 1,
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        "fee_bps": 10,
        "safety_margin_bps": 2,
        "tick_age_s": 0.013076,
        "hour_utc": 15,
        "dow_utc": 0,
        "is_weekend": 0
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      "alpha_model": {
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        "model_version": "heuristic_v0",
        "horizon": "15m",
        "expected_edge_bps": 16.66119507405288
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      "position_sizing": {
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        "min_notional_usd": 10,
        "max_notional_usd": 10,
        "fallback_notional_usd": 10,
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        "clamped_notional_usd": 10,
        "approx_risk_per_usd_notional": 0.045054065035130174,
        "approx_realized_risk_usd": 0.45054065035130175,
        "used_fallback": false,
        "paper_capital_usd": 2000,
        "risk_bps_per_trade": 125,
        "risk_profile": {
          "profile_id": "equities_paper_v1",
          "capital_usd": 2000,
          "risk_per_trade_bps": 125,
          "max_daily_loss_bps": 50,
          "max_daily_gross_bps": 1000,
          "target_annual_return_bps": 500
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        "vol_sample_interval_seconds": 10
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        "threshold_5m": 0.001,
        "moves": {
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      "edge_components": {
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        "fee_bps": 10,
        "safety_margin_bps": 2,
        "total_cost_bps": 16,
        "net_edge_bps": 0.6611950740528805,
        "gate_pass": true,
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        "gate_applied": true,
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        "cost_assumptions": {
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          "fee_bps": 10,
          "fee_bps_assumed": 10,
          "fee_included_in_expected_edge": false,
          "safety_margin_bps": 2,
          "spread_is_assumed_one_way": true
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        "tick_age_s": 0.013076,
        "expected_edge_inputs": {
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          "rel15_bps": 9.585832237880544,
          "rel1h_bps": 6.532015539609682
        }
      },
      "tick": {
        "symbol": "NVDA",
        "price": 183.48,
        "timestamp": "2025-12-22T15:47:44.262197Z",
        "source": "finnhub-quote"
      },
      "guardrails": {
        "require_market_hours": true,
        "cooldown_seconds": 900,
        "max_tick_age_seconds": 60,
        "market_tz": "America/New_York"
      }
    }
  },
  "fills": [],
  "desk_id": "equities_momentum",
  "desk_name": "Equities Momentum Desk",
  "risk_context": {
    "cap_key": "NVDA",
    "max_notional_usd": 10,
    "notional_utilization": 1,
    "fees_usd": 0,
    "fees_bps": 0,
    "paper_avg_slippage_bps_vs_mid": null,
    "paper_mid_price": null
  }
}