Understanding the Asset Register: Secure Your Holdings

Summary (LOCK)

The Asset Register is the canonical directory of everything you can hold, price, or hedge—each with immutable identity, settlement reality, liquidity profile, and risk bindings.

This prevents the #1 finance failure:
confusing “a symbol” with “the actual tradable object.”

0) Coordinate Grammar (LOCK)

All records:

Place×FIN×Zoom×Role×Type×ID

For assets, default:

Place = primary venue / jurisdiction anchor (or GLB if multi-venue)
Zoom = Z1 (instrument reality)
Role = O (Oracle) for reference records, OP for portfolio usage
Type = ASSET

1) ASSET Record Schema (Canonical)

Required fields

asset_id (immutable)
asset_class {equity|bond|etf|fund|fx|crypto|commodity|derivative}
display_name
primary_symbol (if exists)
venues [venue_id...]
quote_currency
issuer_id (optional but preferred)
contract_spec (instrument-defining details)
settlement_spec (what “owning” means)
liquidity_profile (LGI-ready fields)
risk_bindings [RISK IDs...]
verification_state {P2|P3} for the reference record

Optional fields (recommended)

tax_treatment_notes
corporate_action_rules (equity)
coupon_schedule (bond)
underlying_asset_id (derivatives)
collateral_rules
custody_constraints
data_feeds [source IDs]

2) Contract Spec Templates (by class)

Equity (common stock / ADR)

contract_spec.equity

share_class
voting_rights {none|limited|full}
dividend_policy {none|variable|target}
corporate_actions {split|merge|spin|rights|tender}

Bond (sovereign/corp)

contract_spec.bond

issuer_type {sovereign|corporate}
coupon_type {fixed|floating|zero}
coupon_rate / spread
maturity_date
seniority {senior|sub|secured}
call_put_features

ETF / Fund

contract_spec.fund

fund_type {etf|mutual|closed_end}
replication {physical|synthetic}
holdings_disclosure {daily|monthly|unknown}
rebalance_frequency
tracking_error_notes

Crypto

contract_spec.crypto

chain
token_standard
issuance_model {fixed|inflationary|burn}
security_model {pow|pos|other}
smart_contract_risks {none|present}

Derivative (options/futures/swaps)

contract_spec.derivative

derivative_type {option|future|swap|forward|perp}
underlying_asset_id
expiry
strike (if option)
contract_size
margin_rules
settlement {cash|physical}

3) Settlement Spec (Reality Layer)

This is what prevents “paper ownership” confusion.

settlement_spec

settlement_system {central_clearing|bilateral|on_chain}
settlement_cycle {T+0|T+1|T+2|var}
custody_model {broker|custodian|self_custody}
rehypothecation_risk {low|med|high}
default_handling_notes

4) Liquidity Profile Fields (feeds SENSOR-02 LGI)

liquidity_profile

avg_daily_volume (units + currency)
typical_spread_bps
order_book_depth_estimate
venue_concentration {low|med|high}
off_hours_gap_risk {low|med|high}
known_liquidity_cliff_conditions (text, short)

Derived

LGI {L0|L1|L2|L3} (computed)

5) Risk Binding Rules (feeds RISK register)

risk_bindings must include at least:

one market risk (e.g., duration/vol)
one liquidity risk
one operational / counterparty risk (where applicable)

Example risk IDs:

GLB×FIN×Z3×O×RISK×LIQUIDITY-CLIFF
GLB×FIN×Z3×O×RISK×COUNTERPARTY-FAIL
GLB×FIN×Z4×O×RISK×REGIME-SHIFT
GLB×FIN×Z3×O×RISK×VOL-SHOCK

6) Minimal Asset Register Blocks (Copy-Paste)

A) Equity example

asset_id: USA×FIN×Z1×O×ASSET×AAPL-COMMON
asset_class: equity
display_name: Apple Inc. Common Stock
primary_symbol: AAPL
venues: [USA×FIN×Z1×O×VENUE×NASDAQ]
quote_currency: USD
issuer_id: USA×FIN×Z2×O×ISSUER×APPLE-INC

contract_spec.equity

share_class: common
voting_rights: full
dividend_policy: variable

settlement_spec

settlement_system: central_clearing
settlement_cycle: T+1 (example; keep actual per venue if you want exactness)
custody_model: broker
rehypothecation_risk: med

liquidity_profile

avg_daily_volume: ...
typical_spread_bps: ...
order_book_depth_estimate: ...
venue_concentration: low
off_hours_gap_risk: med

risk_bindings

GLB×FIN×Z3×O×RISK×LIQUIDITY-CLIFF
GLB×FIN×Z4×O×RISK×REGIME-SHIFT
GLB×FIN×Z3×O×RISK×VOL-SHOCK

verification_state: P2

B) ETF example

asset_id: USA×FIN×Z1×O×ASSET×SPY-ETF
asset_class: etf
display_name: SPDR S&P 500 ETF Trust
primary_symbol: SPY
venues: [USA×FIN×Z1×O×VENUE×NYSEARCA]
quote_currency: USD
issuer_id: USA×FIN×Z2×O×ISSUER×STATE-STREET-GLOBAL-ADVISORS

contract_spec.fund

fund_type: etf
replication: physical
holdings_disclosure: daily
rebalance_frequency: periodic

settlement_spec

settlement_system: central_clearing
settlement_cycle: T+1
custody_model: broker
rehypothecation_risk: med

liquidity_profile

venue_concentration: med
off_hours_gap_risk: med

risk_bindings

GLB×FIN×Z4×O×RISK×REGIME-SHIFT
GLB×FIN×Z3×O×RISK×LIQUIDITY-CLIFF

verification_state: P2

C) Crypto example

asset_id: GLB×FIN×Z1×O×ASSET×BTC
asset_class: crypto
display_name: Bitcoin
primary_symbol: BTC
venues: [GLB×FIN×Z1×O×VENUE×MULTI]
quote_currency: USD (or multi)
issuer_id: null

contract_spec.crypto

chain: bitcoin
token_standard: native
issuance_model: fixed
security_model: pow
smart_contract_risks: none

settlement_spec

settlement_system: on_chain
settlement_cycle: T+0
custody_model: self_custody|custodian|exchange
rehypothecation_risk: high (if held on exchange)

liquidity_profile

venue_concentration: high
off_hours_gap_risk: low (24/7)
known_liquidity_cliff_conditions: exchange outages, stablecoin depegs, liquidation cascades

risk_bindings

GLB×FIN×Z3×O×RISK×VOL-SHOCK
GLB×FIN×Z3×O×RISK×LIQUIDITY-CLIFF
GLB×FIN×Z3×O×RISK×COUNTERPARTY-FAIL
GLB×FIN×Z4×O×RISK×REGIME-SHIFT

verification_state: P2

7) Verification Circuits (Asset Identity)

VERIF-ASSET-1: Symbol ≠ Asset

If two venues list “the same symbol”, they may be different assets (share class, ADR, different contract).

Rule

Reference record must include contract_spec and settlement_spec before it can be P2.

VERIF-ASSET-2: Venue anchoring

Assets must bind to at least one venue record:

...×VENUE×NASDAQ, ...×VENUE×SGX, ...×VENUE×BINANCE, etc.

8) Failure Mode Trace (required)

Symbol confusion → wrong settlement reality → wrong liquidity assumptions → TTC collapses under stress → forced action → loss exceeds controls.
Repair path: enforce contract_spec + settlement_spec + LGI gating.

FinanceOS — Asset Register (Almost-Code) (CivOS-Aligned)

Summary (LOCK)

0) Coordinate Grammar (LOCK)

1) ASSET Record Schema (Canonical)

Required fields

Optional fields (recommended)

2) Contract Spec Templates (by class)

Equity (common stock / ADR)

Bond (sovereign/corp)

ETF / Fund

Crypto

Derivative (options/futures/swaps)

3) Settlement Spec (Reality Layer)

4) Liquidity Profile Fields (feeds SENSOR-02 LGI)

5) Risk Binding Rules (feeds RISK register)

6) Minimal Asset Register Blocks (Copy-Paste)

A) Equity example

B) ETF example

C) Crypto example

7) Verification Circuits (Asset Identity)

VERIF-ASSET-1: Symbol ≠ Asset

VERIF-ASSET-2: Venue anchoring

8) Failure Mode Trace (required)

Share this:

Like this: