{
  "request_id": "b622715b-9af9-4c72-b3e1-013b31f0c8bf",
  "timestamp": "2025-12-18T14:55:04.319200+00:00",
  "status": "REJECTED",
  "strategy_id": "assassin-swarm-v1",
  "asset_class": "crypto",
  "symbol": "BTCUSDT",
  "side": "long",
  "notional": 5,
  "quantity": 0,
  "price": 0,
  "fees": 0,
  "reason": "REJECTED: Portfolio symbol exposure cap exceeded for BTCUSDT (crypto) used=20.35 + intent=5.00 > cap=25.00",
  "thesis": {
    "intent_id": "b622715b-9af9-4c72-b3e1-013b31f0c8bf",
    "thesis_id": "ef90f264-1368-4b8e-a4ff-c4613cb3ffbe",
    "created_at": "2025-12-18T14:55:02.505845+00:00",
    "strategy_id": "assassin-swarm-v1",
    "agent_name": "planner-core",
    "run_id": null,
    "asset_class": "crypto",
    "symbol": "BTCUSDT",
    "side": "long",
    "notional": 5,
    "confidence": 0.9,
    "expected_horizon": null,
    "summary": "Assassin BUY BTCUSDT: r5=0.5115% r15=0.3392% r1=0.2586% (strength=1.00)",
    "reasoning_ref": "Derived from decision 9cb348ea-384f-4ce7-95b1-392bae032243",
    "features": {
      "alpha_features": {
        "side": "long",
        "side_mult": 1,
        "r5_bps": 51.14732102246858,
        "r15_bps": 33.9179256577646,
        "r60_bps": null,
        "r5_abs_bps": 51.14732102246858,
        "r15_abs_bps": 33.9179256577646,
        "r60_abs_bps": 0,
        "strength": 1,
        "vol_1m": 0.0013709188224239645,
        "vol_1m_bps": 13.709188224239645,
        "vol_ratio": 0.3427297056059911,
        "spread_bps_full": 1.3786948442187734,
        "spread_bps_half": 0.6893474221093867,
        "slippage_bps": 3,
        "fee_bps": 10,
        "safety_margin_bps": 2,
        "tick_age_s": 2.867922,
        "hour_utc": 14,
        "dow_utc": 3,
        "is_weekend": 0
      },
      "alpha_model": {
        "model_type": "heuristic_v0",
        "model_version": "heuristic_v0",
        "horizon": "15m",
        "expected_edge_bps": 51.093234515304246
      },
      "decision": {
        "decision_id": "9cb348ea-384f-4ce7-95b1-392bae032243",
        "aggregated_direction": "buy",
        "expected_edge": 0.1,
        "expected_risk": 0.5,
        "source": "assassin"
      },
      "technical_opinion": {
        "council_name": "technical",
        "direction": "buy",
        "strength": 1,
        "features": {
          "r1": 0.002585809037356036,
          "r5": 0.005114732102246858,
          "r15": 0.00339179256577646,
          "r60": null,
          "r5_thr": 0.002,
          "r1_min": 0.0005,
          "r15_min": 0,
          "r60_min": 0,
          "candle_range_pct": 0.0026107031702785983,
          "vol_1m": 0.0013709188224239645,
          "vol_window": 20,
          "vol_max": 0.004,
          "vol_ratio": 0.3427297056059911,
          "spread_bps": 1.3786948442187734,
          "tick": {
            "bid": 88410.86,
            "ask": 88423.05,
            "source": "coinbase-exchange-bbo-mid+kraken-bbo-mid-check",
            "timestamp": "2025-12-18T14:54:59.637488Z"
          }
        },
        "ttl": 60,
        "timestamp": "2025-12-18T14:55:00.811139Z"
      },
      "edge_components": {
        "expected_edge_bps": 51.093234515304246,
        "spread_bps": 0.6893474221093867,
        "slippage_bps": 3,
        "fee_bps": 10,
        "safety_margin_bps": 2,
        "total_cost_bps": 15.689347422109387,
        "net_edge_bps": 35.40388709319486,
        "gate_pass": true,
        "full_spread_bps": 1.3786948442187734,
        "tick_age_s": 2.868249,
        "cost_assumptions": {
          "slippage_bps": 3,
          "fee_bps": 10,
          "safety_margin_bps": 2,
          "spread_is_half_bbo": true
        },
        "expected_edge_inputs": {
          "r5_bps": 51.14732102246858,
          "r15_bps": 33.9179256577646,
          "r60_bps": 0,
          "strength": 1
        }
      },
      "tick": {
        "bid": 88410.86,
        "ask": 88423.05,
        "mid": 88416.955,
        "spread_bps": 1.3786948442187734,
        "source": "coinbase-exchange-bbo-mid+kraken-bbo-mid-check",
        "timestamp": "2025-12-18T14:54:59.637488Z"
      },
      "planner_guardrails": {
        "min_seconds_between_intents": 600,
        "max_intents_per_hour": 6,
        "max_spread_bps": 15,
        "max_tick_age_seconds": 10
      }
    }
  },
  "fills": [],
  "desk_id": "crypto_systematic",
  "desk_name": "Crypto Systematic Desk",
  "risk_context": {
    "cap_key": "BTCUSDT",
    "max_notional_usd": 5,
    "notional_utilization": 1,
    "fees_usd": 0,
    "fees_bps": 0,
    "paper_avg_slippage_bps_vs_mid": null,
    "paper_mid_price": null
  }
}