Acquisition Policy
When and how the reserve engine buys.
Rules
- Acquisition is triggered by fee settlement, not by a calendar
- Orders are sized by configured target weights
- The engine may not hold settled fees indefinitely
- The engine may not sell to fund a purchase
Execution
Execution venue and slippage constraints per asset are part of the contract specification. Because acquisitions are frequent and small relative to the basket, the engine favours predictable execution over price optimisation.