From Intent to Trades

With prices available, Orion translates the strategist’s intent into a concrete rebalance plan: the system compares the vault's current holdings to the target allocation implied by the intent. For each asset, it determines whether the vault is over- or under-allocated and computes the corresponding amount to sell or buy.

This process is deterministic: given the same intent, prices, and vault state, the same set of trades will always be produced. There is no discretion, optimization, or routing logic at this stage, only a mechanical conversion from desired portfolio weights to required asset movements.

Crucially, all assumptions made during this step are later revalidated during execution. If market conditions change or constraints are violated, execution will revert rather than silently deviating from the intent.