Understand execution behavior, cost, and intent across centralized markets.
Centralized Market Intelligence is Cali's post-trade execution surface. Ingest blotters, compute P&L, surface behavioral signals, and generate evidence-backed narratives for review. Designed for investigations, compliance, and risk — not trading.
Centralized venues often hold the most important execution evidence: fees, order aggressiveness, timing clusters, and position lifecycle behavior. Traditional dashboards show trades — Cali explains behavior.
- Turn raw fills into a review-ready execution narrative.
- Detect urgency, fragmentation, and cost-insensitive routing patterns.
- Quantify performance outcomes with realized/unrealized P&L and fees.
- Export artifacts that can be reused in memos, escalations, and reviews.
- Blotter ingestion (CSV / JSON) with column mapping and preview.
- Evidence-first detectors: fee indifference, fragmentation/slicing, off-hours clustering, aggressive fills, and high-impact proxies.
- Trade-level and window-level performance: realized P&L, unrealized P&L, total fees, and notional.
- Review workflow: filter by signals, search tags, export JSON/CSV, and snapshot summaries.
- Narrative drafting for different audiences (executive / analyst voices) with conservative language.
Centralized intelligence uses a behavioral execution model — not a price forecast and not a black-box score. Signals are computed from observable execution patterns and tied to supporting rows, so reviewers can validate conclusions quickly.
- Urgency: market-heavy execution, aggressive fill clusters, and timing compression.
- Cost insensitivity: elevated fee tolerance, repeated high-cost fills, and fee-indifferent routing.
- Fragmentation: repeated small clips consistent with slicing and single-ticket avoidance.
- Timing risk: off-hours clustering and bursty sequences around key windows.
- Intent signals: round-trip patterns, convert/transfer chains, and self-offsetting behavior (context-dependent).
A review window shows frequent market orders with elevated fees and repeated small clips across short bursts. Centralized flags urgency and fragmentation, computes the fee and impact footprint, and drafts a narrative that anchors each claim to the matching set of executions.
- Ingests blotters and normalizes them into a consistent activity schema.
- Computes window summaries: trades, notional, fees, average fee %, and impact proxies.
- Calculates realized/unrealized P&L using conservative accounting (FIFO) and shows outcomes alongside behavior.
- Surfaces explainable signals with supporting evidence rows — designed for review.
- Exports JSON/CSV and shareable snapshots for workflows outside the tool.
- Compliance and risk teams reviewing centralized market activity.
- Investigators correlating off-chain execution with on-chain movement.
- Operations and controls teams monitoring routing and fee behavior.
- Advisory and governance teams drafting review-ready summaries.
Cali's assistant drafts structured summaries from the computed signals and the underlying evidence. Analysts stay in control: you can copy narratives, export snapshots, and reuse language in approvals, memos, and escalations.
- Executive and analyst narratives with conservative, review-safe wording.
- Evidence binding: summaries reference concrete rows and measurable indicators.
- Exportable artifacts designed to travel into reports and documentation.
Centralized Market Intelligence complements the rest of the suite: on-chain flows explain movement, and blotter execution explains routing, urgency, and cost behavior.
- Activity for transaction monitoring and investigative triage.
- Pivot to summarize patterns across entities, tokens, and windows.
- Graph to connect movements into provenance narratives.
- Report Station to assemble final write-ups using consistent language.