{
  "request_id": "85d10b74-5f73-4ee6-989e-214b0a8bd4b2",
  "timestamp": "2025-12-31T15:28:04.163653+00:00",
  "status": "FILLED",
  "strategy_id": "equity-scout-v1",
  "asset_class": "equity",
  "symbol": "MSFT",
  "side": "close",
  "notional": 10,
  "quantity": 0.020576506487893078,
  "price": 485.99114751981136,
  "fees": 0.01,
  "reason": null,
  "thesis": {
    "intent_id": "85d10b74-5f73-4ee6-989e-214b0a8bd4b2",
    "thesis_id": "644e1dff-10c1-440e-9f1c-3b616159dc8c",
    "created_at": "2025-12-31T14:46:49.569741+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=-0.15% rel15=-0.27% rel1h=NA (thr5=0.10%) -> CLOSE",
    "reasoning_ref": "equity_scout rel5=-0.001484 rel15=-0.002727 rel1h=NA thr5=0.001000 baseline=SPY",
    "features": {
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        "side_mult": -1,
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        "symbol_15m_bps": -44.592059538088,
        "baseline_15m_bps": -17.320175821615884,
        "rel_15m_bps": -27.271883716472114,
        "symbol_1h_bps": null,
        "baseline_1h_bps": null,
        "rel_1h_bps": null,
        "sym_vol": 0.00027023340706445,
        "sym_vol_bps": 2.7023340706445,
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        "fee_bps": 10,
        "safety_margin_bps": 2,
        "tick_age_s": 0.012006,
        "hour_utc": 14,
        "dow_utc": 2,
        "is_weekend": 0
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      "alpha_model": {
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        "model_version": "heuristic_v0",
        "horizon": "15m",
        "expected_edge_bps": 20.05716467159447
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      "position_sizing": {
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      "rel_strength": {
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        "threshold_5m": 0.001,
        "moves": {
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            "baseline_move": -0.000160354529286588,
            "rel_move": -0.0014844499445816042
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          "15m": {
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      "edge_components": {
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        "cost_assumptions": {
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          "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": 0.012006,
        "expected_edge_inputs": {
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          "rel15_bps": -27.271883716472114,
          "rel1h_bps": 0
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      },
      "tick": {
        "symbol": "MSFT",
        "price": 485.58,
        "timestamp": "2025-12-31T14:46:49.556662Z",
        "source": "finnhub-quote"
      },
      "guardrails": {
        "require_market_hours": true,
        "cooldown_seconds": 900,
        "max_tick_age_seconds": 60,
        "market_tz": "America/New_York"
      }
    }
  },
  "fills": [
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      "ask": 0,
      "bid": 0,
      "fee": 0.01,
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      "paper_slippage_bps_vs_mid": -2.444970895244018,
      "price": 485.9911475198113,
      "quantity": 0.020576506487893078,
      "tick_source": "finnhub-quote"
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  ],
  "desk_id": "equities_momentum",
  "desk_name": "Equities Momentum Desk",
  "risk_context": {
    "cap_key": "MSFT",
    "max_notional_usd": 10,
    "notional_utilization": 1,
    "fees_usd": 0.01,
    "fees_bps": 10,
    "paper_avg_slippage_bps_vs_mid": -2.444970895244018,
    "paper_mid_price": 486.11
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}