{
  "request_id": "5d15c0e0-6372-4fdb-b83c-f5f8d6c76f8d",
  "timestamp": "2026-01-05T18:01:00.742484+00:00",
  "status": "FILLED",
  "strategy_id": "equity-scout-v1",
  "asset_class": "equity",
  "symbol": "MSFT",
  "side": "close",
  "notional": 10.030081892768687,
  "quantity": 0.021131618834470414,
  "price": 474.64806039409393,
  "fees": 0.010030081892768687,
  "reason": null,
  "thesis": {
    "intent_id": "5d15c0e0-6372-4fdb-b83c-f5f8d6c76f8d",
    "thesis_id": "7cb417c4-e898-4864-bf28-c29e78e2cd16",
    "created_at": "2026-01-05T18:01:00.341965+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=-0.14% rel15=-0.22% rel1h=-0.02% (thr5=0.10%) -> CLOSE",
    "reasoning_ref": "equity_scout rel5=-0.001388 rel15=-0.002234 rel1h=-0.000187 thr5=0.001000 baseline=SPY",
    "features": {
      "alpha_features": {
        "side": "close",
        "side_mult": -1,
        "symbol_5m_bps": -11.99166894578489,
        "baseline_5m_bps": 1.8882723760275897,
        "rel_5m_bps": -13.87994132181248,
        "symbol_15m_bps": -18.92107808098293,
        "baseline_15m_bps": 3.4139361230762275,
        "rel_15m_bps": -22.335014204059156,
        "symbol_1h_bps": -6.735707670286966,
        "baseline_1h_bps": -4.86264832891712,
        "rel_1h_bps": -1.8730593413698458,
        "sym_vol": 0.00013913880124647457,
        "sym_vol_bps": 1.3913880124647457,
        "base_vol": 0.00008578349210987213,
        "base_vol_bps": 0.8578349210987213,
        "assumed_spread_bps": 1,
        "slippage_bps": 3,
        "fee_bps": 10,
        "safety_margin_bps": 2,
        "tick_age_s": 0.010713,
        "hour_utc": 18,
        "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": 17.991763252804713
      },
      "position_sizing": {
        "mode": "fixed",
        "notional_usd": 10
      },
      "rel_strength": {
        "baseline_symbol": "SPY",
        "threshold_5m": 0.001,
        "moves": {
          "5m": {
            "symbol_move": -0.001199166894578489,
            "baseline_move": 0.00018882723760275897,
            "rel_move": -0.001387994132181248
          },
          "15m": {
            "symbol_move": -0.001892107808098293,
            "baseline_move": 0.00034139361230762274,
            "rel_move": -0.0022335014204059155
          },
          "1h": {
            "symbol_move": -0.0006735707670286966,
            "baseline_move": -0.000486264832891712,
            "rel_move": -0.00018730593413698459
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        }
      },
      "edge_components": {
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        "spread_bps": 1,
        "slippage_bps": 3,
        "fee_bps": 10,
        "safety_margin_bps": 2,
        "total_cost_bps": 16,
        "net_edge_bps": 1.991763252804713,
        "gate_pass": true,
        "edge_gate_enabled": true,
        "min_net_edge_bps": 0,
        "gate_applied": false,
        "assumed_spread_bps": 1,
        "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": 0.010713,
        "expected_edge_inputs": {
          "rel5_bps": -13.87994132181248,
          "rel15_bps": -22.335014204059156,
          "rel1h_bps": -1.8730593413698458
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      },
      "tick": {
        "symbol": "MSFT",
        "price": 474.76,
        "timestamp": "2026-01-05T18:01:00.327914Z",
        "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": 0.010030081892768687,
      "mid": 474.76,
      "paper_slippage_bps_vs_mid": -2.357814599081689,
      "price": 474.648060394094,
      "quantity": 0.021131618834470414,
      "tick_source": "finnhub-quote"
    }
  ],
  "desk_id": "equities_momentum",
  "desk_name": "Equities Momentum Desk",
  "risk_context": {
    "cap_key": "MSFT",
    "max_notional_usd": 10,
    "notional_utilization": 1.0030081892768687,
    "fees_usd": 0.010030081892768687,
    "fees_bps": 10,
    "paper_avg_slippage_bps_vs_mid": -2.357814599081689,
    "paper_mid_price": 474.76
  }
}