The research desk

Eight research roles.
One reviewable proposal.

Six specialist remits, a director, and a coordinator define the research desk. The Head of Trading adds supervisory review. Qualified inputs support a proposal; missing evidence produces an abstention. Independent risk controls decide what is allowed.

Role directory · Evidence availability varies · No live trading authority.

The desk

A desk built to challenge the thesis.

Each role contributes a different view. Open a remit to see its domain, output, and boundaries.

Director

Research director

Weighs six specialist views and decides whether a thesis survives.

View remit
Domain
Synthesis of multi-specialist evidence, hypothesis adjudication, and consensus direction
Produces
A consensus direction, or a documented no-trade when the evidence disagrees.
Authority
Research only. Zero capital authority.
Specialist

Technical research

Reads trend and structure across timeframes so a 5-minute signal is never mistaken for a trend.

View remit
Domain
Multi-timeframe trend, momentum, structure breaks, and volume profiles
Produces
Trend and momentum observations with the level that would invalidate them.
Authority
Research only. Zero capital authority.
Specialist

Order flow

Examines available depth and spread evidence for thin liquidity and fill risk. Public quotes alone cannot establish trader intent.

View remit
Domain
L2 order book depth, bid-ask spread, queue age, slippage, and adverse selection
Produces
Depth, spread, and expected slippage for the proposed size.
Authority
Research only. Zero capital authority.
Specialist

Options & volatility

Reads what options pricing implies about the size and direction of the next move.

View remit
Domain
Implied volatility term structure, 25-delta skew, and dealer gamma exposure (GEX)
Produces
A volatility regime call and the risk it adds to a position.
Authority
Research only. Zero capital authority.
Specialist

On-chain intelligence

Tracks coins moving on and off exchanges, where large holders often show their hand.

View remit
Domain
Exchange reserve flows, whale wallet clustering, miner outflow, and network fee velocity
Produces
Flow observations with their direction and size.
Authority
Research only. Zero capital authority.
Specialist

Market sentiment

Measures how crowded a trade is, and where forced selling could cascade.

View remit
Domain
Funding rates, retail open interest skew, social sentiment, liquidation cascade maps
Produces
A crowding score and the liquidation levels that matter.
Authority
Research only. Zero capital authority.
Specialist

Global events

Flags scheduled events and session handovers that can overturn a clean setup.

View remit
Domain
Macroeconomic calendar, central bank liquidity, session crossovers, and event risk
Produces
Event risk windows attached to the proposal.
Authority
Research only. Zero capital authority.
Coordinator

Desk coordinator

Turns the director’s consensus into one formal proposal for the risk kernel.

View remit
Domain
Drafting formal TradeProposalPackage for independent RiskKernel submission
Produces
A trade proposal package with entry, size range, and invalidation.
Authority
Research only. Zero capital authority.
Not an agent

Independent risk kernel

Deterministic checks on exposure, leverage, liquidation distance, and data health. It reads the coordinator’s proposal and can refuse it, narrow it, or trigger SafeState. No agent can overrule it.

Test the risk gate
Deliberation protocol

From evidence to a bounded proposal.

  1. 01
    Observe

    Independent readings

    Each specialist publishes observations from its own domain, with a confidence and the evidence behind it.

  2. 02
    Critique

    Cross-examination

    Peers challenge each claim. A breakout the order-flow specialist cannot confirm, or an event the calendar flags, weakens the thesis.

  3. 03
    Synthesize

    Director’s consensus

    The director weighs what survived and either sets a direction or records a documented no-trade.

  4. 04
    Propose

    Formal proposal

    The coordinator writes one proposal with an entry, a size range, and the condition that invalidates it.

  5. 05
    Verdict

    Independent risk veto

    The risk kernel approves, narrows, or refuses, and the verdict is recorded with the limits that produced it.

Read a real deliberation, message by message

Members can inspect available research messages and review decisions in the paper workspace. Missing inputs remain visible as abstentions.