{
  "request_id": "52330f2a-4c29-49f3-bfa9-41d94c657945",
  "timestamp": "2026-01-05T14:57:47.979628+00:00",
  "status": "FILLED",
  "strategy_id": "equity-scout-v1",
  "asset_class": "equity",
  "symbol": "MSFT",
  "side": "close",
  "notional": 9.98993885497909,
  "quantity": 0.02116984811971842,
  "price": 471.8946871269271,
  "fees": 0.009989938854979091,
  "reason": null,
  "thesis": {
    "intent_id": "52330f2a-4c29-49f3-bfa9-41d94c657945",
    "thesis_id": "2ad65bcb-dc39-47a6-81b7-40facbd87068",
    "created_at": "2026-01-05T14:57:47.714963+00:00",
    "strategy_id": "equity-scout-v1",
    "agent_name": "equity-scout-v1",
    "run_id": null,
    "asset_class": "equity",
    "symbol": "MSFT",
    "side": "close",
    "notional": 10,
    "confidence": 0.55,
    "expected_horizon": "1h",
    "summary": "Equity Scout MSFT vs SPY: rel5=-0.12% rel15=-0.03% rel1h=NA (thr5=0.10%) -> CLOSE",
    "reasoning_ref": "equity_scout rel5=-0.001201 rel15=-0.000324 rel1h=NA thr5=0.001000 baseline=SPY",
    "features": {
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        "side_mult": -1,
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        "symbol_15m_bps": -5.134394088565795,
        "baseline_15m_bps": -1.891872225860372,
        "rel_15m_bps": -3.242521862705423,
        "symbol_1h_bps": null,
        "baseline_1h_bps": null,
        "rel_1h_bps": null,
        "sym_vol": 0.00032962027845650143,
        "sym_vol_bps": 3.2962027845650144,
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        "fee_bps": 10,
        "safety_margin_bps": 2,
        "tick_age_s": 0.01646,
        "hour_utc": 14,
        "dow_utc": 0,
        "is_weekend": 0
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      "alpha_model": {
        "model_type": "heuristic_v0",
        "model_version": "heuristic_v0",
        "horizon": "15m",
        "expected_edge_bps": 10.577663026423393
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      "position_sizing": {
        "mode": "fixed",
        "notional_usd": 10
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      "rel_strength": {
        "baseline_symbol": "SPY",
        "threshold_5m": 0.001,
        "moves": {
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            "baseline_move": 0.0006554320753891544,
            "rel_move": -0.0012006133084514706
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          "15m": {
            "symbol_move": -0.0005134394088565795,
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            "rel_move": -0.0003242521862705423
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      },
      "edge_components": {
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        "fee_bps": 10,
        "safety_margin_bps": 2,
        "total_cost_bps": 16,
        "net_edge_bps": -5.422336973576607,
        "gate_pass": false,
        "edge_gate_enabled": true,
        "min_net_edge_bps": 0,
        "gate_applied": false,
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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": 0.01646,
        "expected_edge_inputs": {
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          "rel15_bps": -3.242521862705423,
          "rel1h_bps": 0
        }
      },
      "tick": {
        "symbol": "MSFT",
        "price": 472.0625,
        "timestamp": "2026-01-05T14:57:47.694270Z",
        "source": "finnhub-quote"
      },
      "guardrails": {
        "require_market_hours": true,
        "cooldown_seconds": 900,
        "max_tick_age_seconds": 60,
        "market_tz": "America/New_York"
      }
    }
  },
  "fills": [
    {
      "ask": 0,
      "bid": 0,
      "fee": 0.009989938854979091,
      "mid": 472.0625,
      "paper_slippage_bps_vs_mid": -3.554886759123545,
      "price": 471.8946871269271,
      "quantity": 0.02116984811971842,
      "tick_source": "finnhub-quote"
    }
  ],
  "desk_id": "equities_momentum",
  "desk_name": "Equities Momentum Desk",
  "risk_context": {
    "cap_key": "MSFT",
    "max_notional_usd": 10,
    "notional_utilization": 0.998993885497909,
    "fees_usd": 0.009989938854979091,
    "fees_bps": 10,
    "paper_avg_slippage_bps_vs_mid": -3.5548867591235456,
    "paper_mid_price": 472.0625
  }
}