VERTIMAX // TERMINAL — Systematic Research Technology

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PITPoint-in-time snapshot sealed · as-of view only DATAFeed chain: Yahoo chart → CoinGecko fallback → simulation RISKVolatility surface: normal term structure ENGBacktest engine: transaction cost is a first-class input DATAThe as-of view is the only view that survives audit MKTCross-asset summary refreshed on interval · see strip above NOTEPoint-in-time methodology · see research notes feed ACCESSAccess model: discretionary · request via [5] COMPLYValues withheld · no investment advice · read-only SYSMonitoring nominal · no stress flags raised PITPoint-in-time snapshot sealed · as-of view only DATAFeed chain: Yahoo chart → CoinGecko fallback → simulation RISKVolatility surface: normal term structure ENGBacktest engine: transaction cost is a first-class input DATAThe as-of view is the only view that survives audit MKTCross-asset summary refreshed on interval · see strip above NOTEPoint-in-time methodology · see research notes feed ACCESSAccess model: discretionary · request via [5] COMPLYValues withheld · no investment advice · read-only SYSMonitoring nominal · no stress flags raised

Summary

Indices SPX—— NDX—— RUT—— VIX——

Commodities WTI—— XAU—— XAG——

FX DXY—— EURUSD—— USDJPY—— GBPUSD——

Rates US10Y—— US2Y——

▚Market Monitor● LIVE

SPX▲

S&P 500

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H —L —

NDX▲

Nasdaq 100

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H —L —

RUT▼

Russell 2000

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H —L —

VIX▼

Volatility

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H —L —

DXY◆

U.S. Dollar

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H —L —

US10Y▲

10-Yr Yield

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H —L —

WTI▼

Crude Oil

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H —L —

XAU▲

Gold

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H —L —

▚Desk Status● OK

ENGINEPAPER

DATAPIT · OK

RISKWITHIN BOUNDS

EOD SNAPSHOTCOMPLETE

MODEREAD-ONLY

Illustrative · no strategy data published

Point-in-time data terminal

▚Market Dashboard● SPX · 1M

Indicative view · illustrative feed · no strategy data published

▚Watchlist● LIVE · ILLUSTRATIVE

Ticker	Instrument	Last	Chg	%Chg	Bid	Ask	High	Low	52W/24H

Ticker	Instrument	Last	Chg	%Chg	Bid	Ask	High	Low	52W/24H
SPX	S&P 500 Index	—	—	—	—	—	—	—	—
NDX	Nasdaq 100	—	—	—	—	—	—	—	—
VIX	CBOE Volatility Index	—	—	—	—	—	—	—	—
WTI	Crude Oil (WTI)	—	—	—	—	—	—	—	—
XAU	Gold Futures	—	—	—	—	—	—	—	—
EURUSD	Euro / U.S. Dollar	—	—	—	—	—	—	—	—

▚The FirmDISCRETIONARY

VertiMax builds point-in-time data, cost-aware backtesting, and reproducible risk analytics for institutions that treat research as production software — the machinery between a signal and its auditable record. Access is granted on a discretionary basis.

PLATFORMQuant engine · PIT ingestion · backtester→ RESEARCHPapers & notes · informational only→ COMPLIANCEStatus · limitations · provenance→

▚Research NotesDATED FEED

Date	Note	Tag
2026-08-21	Execution Timing and the Cost of Immediacy — urgency is a cost, not a free variable.	EXECUTION
2026-08-13	The Half-Life of Short-Horizon Factors — decay dominates as turnover rises.	SIGNAL
2026-08-05	Survivorship Bias in Cross-Sectional Backtests — membership must be point-in-time.	FACTOR
2026-07-28	Point-in-Time Data and the Revision Problem — the as-of view is the only view that survives audit.	DATA
2026-07-16	Transaction Costs as a First-Class Signal — cost belongs in the objective.	SIGNAL
2026-07-08	Drawdown Regimes and Explicit Risk Budgets — budgets should respond to the regime.	RISK
2026-06-29	On the Fragility of Overfit Sharpe Ratios — a selection statistic, not a forecast.	BACKTEST
2026-06-18	Factor Crowding and Capacity Decay — proxies precede the reversion.	FACTOR
2026-06-08	Regime-Conditional Volatility Targeting — leverage by another name.	RISK