Ayan Jain · Referee Desk
The referee desk · sample

A delivered report, redacted.

Below is an actual report as the client received it, published with the client's written permission. Name, firm, and every identifying number altered so the piece cannot be traced; the structure, register, and findings are exactly as delivered. The altered numbers still reconcile, because the disguise gets audited too.

REFEREE REPORT · ONE PIECE OF A BATCH
PieceOne post with its chart: comparing sizing rules across a book of pairs ScopeFull cross-read: text, chart, and the seam between them; every statistic recomputed ClientWithheld, published with written permission ClockDelivered same day, inside the 48-hour standard

Verdict

Publish after two fixes: one bar re-rendered, one number reconciled. The text is exact everywhere I pushed.

Verified

All fifteen risk shares recomputed from the five printed spread widths, nothing taken from the chart on trust. Equal notional shares come out 4.6, 10.4, 15.0, 21.5, 48.5 percent and the chart's bars sit on all five. The claimed mirror between equal notional and inverse variance was tested rather than admired: it holds exactly, and for a reason the piece never stated, the five widths pair off to a constant product, the middle one to itself, so the symmetry is structural, not approximate. That is worth a sentence in the post; it is a strength you built without claiming it.

Catches, ranked

CHART AGAINST ITS OWN FOOTER

The inverse variance bar at the narrowest width is drawn near 33% where your own footer, and the requirement that shares sum to 100, both demand 48.5%. As drawn the bars total the mid-80s, and the chart contradicts the exact mirror symmetry the post teaches. The other four bars are exact to my recomputation; it is only that one, which looks like a stale value from an earlier render. Re-render before this goes anywhere.

TEXT AND CHART DISAGREE ON ONE NUMBER

The text says Sharpe 1.36 for the middle rule; the chart prints 1.37, twice. One of them is the median. Pick it and make them agree.

Count check

One piece this report; charged as one post. The batch stands at its agreed count, and a resend after your fixes verifies in minutes, the hashes do the work.

Guarantee: any finding shown to be incorrect makes this review free of charge. Confidential; only the client decides who sees it.

One finding of the forty-four counted in the public census. Batches arrive as per-piece sections like this one, under a headlines block that says up front what publishes untouched and what needs a hand. Prices and the census live on the referee desk →