diff --git a/pyproject.toml b/pyproject.toml
index fbd6349..64e9c2e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -27,11 +27,12 @@ requires = ["setuptools>=70.0"]
 build-backend = "setuptools.build_meta"
 
 [tool.setuptools.packages.find]
-include = ["shared*", "services*", "backtester*", "tests*"]
+include = ["shared*", "services*", "backtester*", "scripts*", "tests*"]
 
 [tool.pytest.ini_options]
 asyncio_mode = "auto"
 testpaths = ["tests"]
+markers = ["integration: marks tests requiring docker services (redis, postgres)"]
 
 [tool.ruff]
 line-length = 120
diff --git a/scripts/__init__.py b/scripts/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/scripts/seed_strategies.py b/scripts/seed_strategies.py
new file mode 100644
index 0000000..390ba0d
--- /dev/null
+++ b/scripts/seed_strategies.py
@@ -0,0 +1,109 @@
+"""Seed default trading strategies.
+
+Inserts three strategies with equal initial weights (0.333 each):
+  - momentum
+  - mean_reversion
+  - news_driven
+
+Usage:
+    python -m scripts.seed_strategies
+"""
+
+from __future__ import annotations
+
+import asyncio
+import logging
+
+from sqlalchemy import select
+
+from shared.config import BaseConfig
+from shared.db import create_db
+from shared.models.trading import Strategy
+
+logger = logging.getLogger(__name__)
+
+# Default strategies to seed
+DEFAULT_STRATEGIES = [
+    {
+        "name": "momentum",
+        "description": (
+            "Buy when price crosses above N-period SMA with increasing volume; "
+            "sell when it crosses below."
+        ),
+        "current_weight": 0.333,
+        "active": True,
+    },
+    {
+        "name": "mean_reversion",
+        "description": (
+            "Buy when RSI < 30 (oversold); sell when RSI > 70 (overbought). "
+            "Signal strength proportional to RSI extremity."
+        ),
+        "current_weight": 0.333,
+        "active": True,
+    },
+    {
+        "name": "news_driven",
+        "description": (
+            "Buy on strong positive sentiment (score > 0.7, confidence > 0.6); "
+            "sell on strong negative. Decay factor for stale news (> 4 hours)."
+        ),
+        "current_weight": 0.333,
+        "active": True,
+    },
+]
+
+
+async def seed(database_url: str | None = None) -> None:
+    """Insert default strategies if they do not already exist.
+
+    Parameters
+    ----------
+    database_url:
+        Override for the database URL.  If ``None``, the default from
+        :class:`~shared.config.BaseConfig` is used.
+    """
+    config = BaseConfig()
+    if database_url:
+        config.database_url = database_url
+
+    _engine, session_factory = create_db(config)
+
+    async with session_factory() as session:
+        for strategy_data in DEFAULT_STRATEGIES:
+            # Check if the strategy already exists by name
+            result = await session.execute(
+                select(Strategy).where(Strategy.name == strategy_data["name"])
+            )
+            existing = result.scalar_one_or_none()
+
+            if existing:
+                logger.info(
+                    "Strategy '%s' already exists (weight=%.3f), skipping",
+                    existing.name,
+                    existing.current_weight,
+                )
+                continue
+
+            strategy = Strategy(**strategy_data)
+            session.add(strategy)
+            logger.info(
+                "Inserted strategy '%s' with weight %.3f",
+                strategy_data["name"],
+                strategy_data["current_weight"],
+            )
+
+        await session.commit()
+
+    await _engine.dispose()
+    logger.info("Strategy seeding complete")
+
+
+def main() -> None:
+    """CLI entry-point."""
+    logging.basicConfig(level=logging.INFO)
+    asyncio.run(seed())
+
+
+if __name__ == "__main__":
+    main()
diff --git a/scripts/smoke_test.sh b/scripts/smoke_test.sh
new file mode 100755
index 0000000..91b84bf
--- /dev/null
+++ b/scripts/smoke_test.sh
@@ -0,0 +1,139 @@
+#!/bin/bash
+# Smoke test for the full trading-bot Docker Compose stack.
+#
+# Usage:
+#   ./scripts/smoke_test.sh
+#
+# Prerequisites:
+#   - Docker Compose stack must be running (docker compose up -d)
+#
+# This script:
+#   1. Waits for services to become healthy
+#   2. Hits GET /health -> expects 200
+#   3. Hits GET /api/portfolio -> expects 401 (unauthenticated)
+#   4. Hits GET /api/strategies -> expects 401 (unauthenticated)
+#   5. Checks docker compose ps shows all services running
+#   6. Exits 0 on success, 1 on failure
+
+set -euo pipefail
+
+# Configuration
+API_BASE="${API_BASE:-http://localhost:8000}"
+DASHBOARD_BASE="${DASHBOARD_BASE:-http://localhost:3000}"
+MAX_RETRIES="${MAX_RETRIES:-30}"
+RETRY_INTERVAL="${RETRY_INTERVAL:-2}"
+
+PASS=0
+FAIL=0
+
+# ---------------------------------------------------------------------------
+# Helper functions
+# ---------------------------------------------------------------------------
+
+log() {
+    echo "[smoke-test] $*"
+}
+
+pass() {
+    log "PASS: $*"
+    PASS=$((PASS + 1))
+}
+
+fail() {
+    log "FAIL: $*"
+    FAIL=$((FAIL + 1))
+}
+
+wait_for_endpoint() {
+    local url="$1"
+    local expected_code="$2"
+    local description="$3"
+    local attempt=0
+
+    while [ "$attempt" -lt "$MAX_RETRIES" ]; do
+        attempt=$((attempt + 1))
+        status_code=$(curl -s -o /dev/null -w "%{http_code}" "$url" 2>/dev/null || echo "000")
+        if [ "$status_code" = "$expected_code" ]; then
+            return 0
+        fi
+        log "Waiting for $description ($url) ... attempt $attempt/$MAX_RETRIES (got $status_code, want $expected_code)"
+        sleep "$RETRY_INTERVAL"
+    done
+
+    return 1
+}
+
+check_endpoint() {
+    local url="$1"
+    local expected_code="$2"
+    local description="$3"
+
+    status_code=$(curl -s -o /dev/null -w "%{http_code}" "$url" 2>/dev/null || echo "000")
+    if [ "$status_code" = "$expected_code" ]; then
+        pass "$description -> $status_code"
+    else
+        fail "$description -> expected $expected_code, got $status_code"
+    fi
+}
+
+# ---------------------------------------------------------------------------
+# 1. Wait for the API gateway health endpoint
+# ---------------------------------------------------------------------------
+log "Waiting for API gateway to be healthy ..."
+if wait_for_endpoint "$API_BASE/health" "200" "API health"; then
+    pass "API gateway is healthy"
+else
+    fail "API gateway did not become healthy within timeout"
+    log "Aborting — cannot run further checks without a healthy API"
+    exit 1
+fi
+
+# ---------------------------------------------------------------------------
+# 2. Health check
+# ---------------------------------------------------------------------------
+check_endpoint "$API_BASE/health" "200" "GET /health"
+
+# ---------------------------------------------------------------------------
+# 3. Unauthenticated trading endpoints should return 401/403
+# ---------------------------------------------------------------------------
+check_endpoint "$API_BASE/api/portfolio" "401" "GET /api/portfolio (no auth)"
+check_endpoint "$API_BASE/api/strategies" "401" "GET /api/strategies (no auth)"
+
+# ---------------------------------------------------------------------------
+# 4. Dashboard responds
+# ---------------------------------------------------------------------------
+log "Checking dashboard ..."
+if wait_for_endpoint "$DASHBOARD_BASE/" "200" "Dashboard"; then
+    pass "Dashboard is serving"
+else
+    fail "Dashboard did not respond"
+fi
+
+# ---------------------------------------------------------------------------
+# 5. Docker Compose services status
+# ---------------------------------------------------------------------------
+log "Checking docker compose service status ..."
+if command -v docker &>/dev/null; then
+    running_count=$(docker compose ps --format json 2>/dev/null | grep -c '"running"' || echo "0")
+    if [ "$running_count" -gt 0 ]; then
+        pass "docker compose shows $running_count running services"
+    else
+        fail "No running services found in docker compose ps"
+    fi
+else
+    log "SKIP: docker command not available"
+fi
+
+# ---------------------------------------------------------------------------
+# Summary
+# ---------------------------------------------------------------------------
+echo ""
+log "================================"
+log "Results: $PASS passed, $FAIL failed"
+log "================================"
+
+if [ "$FAIL" -gt 0 ]; then
+    exit 1
+fi
+
+exit 0
diff --git a/tests/integration/__init__.py b/tests/integration/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/tests/integration/test_news_pipeline.py b/tests/integration/test_news_pipeline.py
new file mode 100644
index 0000000..6b0934b
--- /dev/null
+++ b/tests/integration/test_news_pipeline.py
@@ -0,0 +1,299 @@
+"""Integration test: news fetcher -> sentiment analyzer pipeline.
+
+Publishes a mock RawArticle to the ``news:raw`` Redis stream and verifies
+that a ScoredArticle appears on ``news:scored``.
+
+Requires a running Redis instance (from docker-compose).
+FinBERT and Ollama are mocked so the test does not need GPU / model weights.
+
+Run with:
+    pytest tests/integration/test_news_pipeline.py -v -m integration
+"""
+
+from __future__ import annotations
+
+import asyncio
+import json
+from datetime import datetime, timezone
+from unittest.mock import AsyncMock, patch
+
+import pytest
+from redis.asyncio import Redis
+
+from shared.redis_streams import StreamConsumer, StreamPublisher
+from shared.schemas.news import RawArticle, ScoredArticle
+from services.sentiment_analyzer.main import process_article
+from services.sentiment_analyzer.config import SentimentAnalyzerConfig
+
+# ---------------------------------------------------------------------------
+# Fixtures
+# ---------------------------------------------------------------------------
+
+REDIS_URL = "redis://localhost:6379/1"  # Use DB 1 to avoid conflicts
+
+RAW_STREAM = "test:news:raw"
+SCORED_STREAM = "test:news:scored"
+
+
+@pytest.fixture
+async def redis_client():
+    """Provide a clean Redis connection on DB 1 and clean up streams after."""
+    client = Redis.from_url(REDIS_URL, decode_responses=False)
+    # Ensure streams are clean before the test
+    await client.delete(RAW_STREAM, SCORED_STREAM)
+    yield client
+    # Clean up after
+    await client.delete(RAW_STREAM, SCORED_STREAM)
+    await client.aclose()
+
+
+@pytest.fixture
+def sample_article() -> RawArticle:
+    """Return a sample RawArticle mentioning AAPL."""
+    return RawArticle(
+        source="rss",
+        url="https://example.com/aapl-news",
+        title="Apple Inc AAPL reports record quarterly earnings",
+        content=(
+            "Apple Inc ($AAPL) reported record-breaking quarterly earnings "
+            "today, beating analyst estimates by a wide margin. Revenue grew "
+            "15% year-over-year driven by strong iPhone and Services demand."
+        ),
+        published_at=datetime.now(timezone.utc),
+        fetched_at=datetime.now(timezone.utc),
+        content_hash="test-hash-aapl-001",
+    )
+
+
+# ---------------------------------------------------------------------------
+# Mock counters (stand-in for OpenTelemetry instruments)
+# ---------------------------------------------------------------------------
+
+
+class _FakeCounter:
+    """Minimal fake that records how many times ``add`` was called."""
+
+    def __init__(self):
+        self.total = 0
+
+    def add(self, amount: int = 1, attributes: dict | None = None):
+        self.total += amount
+
+
+class _FakeHistogram:
+    def __init__(self):
+        self.values: list[float] = []
+
+    def record(self, value: float, attributes: dict | None = None):
+        self.values.append(value)
+
+
+def _make_counters() -> dict:
+    return {
+        "articles_scored": _FakeCounter(),
+        "finbert_count": _FakeCounter(),
+        "ollama_count": _FakeCounter(),
+        "inference_latency": _FakeHistogram(),
+    }
+
+
+# ---------------------------------------------------------------------------
+# Tests
+# ---------------------------------------------------------------------------
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_raw_article_flows_to_scored(redis_client: Redis, sample_article: RawArticle):
+    """Publish a RawArticle to news:raw, run the sentiment analyzer's
+    process_article function, and verify a ScoredArticle is published
+    to news:scored.
+    """
+    publisher = StreamPublisher(redis_client, SCORED_STREAM)
+
+    # Mock FinBERT to return high-confidence positive sentiment
+    mock_finbert = AsyncMock()
+    mock_finbert.analyze = AsyncMock(return_value=(0.85, 0.92))
+
+    # Mock Ollama (should not be called when FinBERT confidence is high)
+    mock_ollama = AsyncMock()
+    mock_ollama.analyze = AsyncMock(return_value=(0.0, 0.0))
+
+    config = SentimentAnalyzerConfig()
+    counters = _make_counters()
+
+    # Process the article
+    await process_article(
+        sample_article,
+        mock_finbert,
+        mock_ollama,
+        publisher,
+        config,
+        counters,
+    )
+
+    # FinBERT should have been called, Ollama should NOT
+    mock_finbert.analyze.assert_called_once()
+    mock_ollama.analyze.assert_not_called()
+
+    # Verify a ScoredArticle was published to the scored stream
+    messages = await redis_client.xrange(SCORED_STREAM)
+    assert len(messages) >= 1, "Expected at least one message on the scored stream"
+
+    # Parse the first message
+    _msg_id, fields = messages[0]
+    data = json.loads(fields[b"data"])
+    scored = ScoredArticle.model_validate(data)
+
+    assert scored.ticker == "AAPL"
+    assert scored.sentiment_score == pytest.approx(0.85, abs=0.01)
+    assert scored.confidence == pytest.approx(0.92, abs=0.01)
+    assert scored.model_used == "finbert"
+    assert scored.source == "rss"
+    assert scored.title == sample_article.title
+
+    # Counter checks
+    assert counters["articles_scored"].total == 1
+    assert counters["finbert_count"].total == 1
+    assert counters["ollama_count"].total == 0
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_low_confidence_falls_back_to_ollama(redis_client: Redis, sample_article: RawArticle):
+    """When FinBERT confidence is below the threshold, the sentiment
+    analyzer should fall back to Ollama.
+    """
+    publisher = StreamPublisher(redis_client, SCORED_STREAM)
+
+    # FinBERT returns low confidence -> triggers Ollama fallback
+    mock_finbert = AsyncMock()
+    mock_finbert.analyze = AsyncMock(return_value=(0.3, 0.4))
+
+    mock_ollama = AsyncMock()
+    mock_ollama.analyze = AsyncMock(return_value=(0.72, 0.88))
+
+    config = SentimentAnalyzerConfig()
+    config.finbert_confidence_threshold = 0.6  # 0.4 < 0.6 -> fallback
+    counters = _make_counters()
+
+    await process_article(
+        sample_article,
+        mock_finbert,
+        mock_ollama,
+        publisher,
+        config,
+        counters,
+    )
+
+    # Both should have been called
+    mock_finbert.analyze.assert_called_once()
+    mock_ollama.analyze.assert_called_once()
+
+    # Verify the published message used Ollama's scores
+    messages = await redis_client.xrange(SCORED_STREAM)
+    assert len(messages) >= 1
+
+    _msg_id, fields = messages[0]
+    data = json.loads(fields[b"data"])
+    scored = ScoredArticle.model_validate(data)
+
+    assert scored.model_used == "ollama"
+    assert scored.sentiment_score == pytest.approx(0.72, abs=0.01)
+    assert scored.confidence == pytest.approx(0.88, abs=0.01)
+
+    # Counter checks
+    assert counters["ollama_count"].total == 1
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_article_without_tickers_does_not_publish(redis_client: Redis):
+    """An article with no recognizable ticker mentions should not produce
+    any ScoredArticle messages.
+    """
+    article = RawArticle(
+        source="reddit",
+        url="https://reddit.com/r/finance/post123",
+        title="General market outlook for next week",
+        content="The market is looking bullish with strong consumer spending data.",
+        published_at=datetime.now(timezone.utc),
+        fetched_at=datetime.now(timezone.utc),
+        content_hash="test-hash-no-ticker-001",
+    )
+
+    publisher = StreamPublisher(redis_client, SCORED_STREAM)
+
+    mock_finbert = AsyncMock()
+    mock_finbert.analyze = AsyncMock(return_value=(0.6, 0.85))
+
+    mock_ollama = AsyncMock()
+
+    config = SentimentAnalyzerConfig()
+    counters = _make_counters()
+
+    await process_article(
+        article,
+        mock_finbert,
+        mock_ollama,
+        publisher,
+        config,
+        counters,
+    )
+
+    # No tickers extracted -> no messages on the scored stream
+    messages = await redis_client.xrange(SCORED_STREAM)
+    assert len(messages) == 0
+
+    # Article was still counted as scored
+    assert counters["articles_scored"].total == 1
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_publish_and_consume_roundtrip(redis_client: Redis, sample_article: RawArticle):
+    """End-to-end: publish a RawArticle to the raw stream, consume it via
+    StreamConsumer, process it, and verify the scored output is consumable.
+    """
+    raw_publisher = StreamPublisher(redis_client, RAW_STREAM)
+    scored_publisher = StreamPublisher(redis_client, SCORED_STREAM)
+
+    # Publish the raw article
+    await raw_publisher.publish(sample_article.model_dump(mode="json"))
+
+    # Verify it's on the raw stream
+    raw_messages = await redis_client.xrange(RAW_STREAM)
+    assert len(raw_messages) == 1
+
+    # Parse it back
+    _msg_id, fields = raw_messages[0]
+    data = json.loads(fields[b"data"])
+    parsed = RawArticle.model_validate(data)
+    assert parsed.title == sample_article.title
+
+    # Now process it through the analyzer
+    mock_finbert = AsyncMock()
+    mock_finbert.analyze = AsyncMock(return_value=(0.9, 0.95))
+    mock_ollama = AsyncMock()
+
+    config = SentimentAnalyzerConfig()
+    counters = _make_counters()
+
+    await process_article(
+        parsed,
+        mock_finbert,
+        mock_ollama,
+        scored_publisher,
+        config,
+        counters,
+    )
+
+    # Verify scored output
+    scored_messages = await redis_client.xrange(SCORED_STREAM)
+    assert len(scored_messages) >= 1
+
+    _msg_id, fields = scored_messages[0]
+    scored_data = json.loads(fields[b"data"])
+    scored = ScoredArticle.model_validate(scored_data)
+    assert scored.ticker == "AAPL"
+    assert scored.sentiment_score == pytest.approx(0.9, abs=0.01)
diff --git a/tests/integration/test_trading_flow.py b/tests/integration/test_trading_flow.py
new file mode 100644
index 0000000..ba97306
--- /dev/null
+++ b/tests/integration/test_trading_flow.py
@@ -0,0 +1,399 @@
+"""Integration test: signal generator -> trade executor flow.
+
+Publishes a mock TradeSignal to the ``signals:generated`` Redis stream
+and verifies that a TradeExecution appears on ``trades:executed``.
+
+Requires a running Redis instance (from docker-compose).
+The Alpaca broker is mocked.
+
+Run with:
+    pytest tests/integration/test_trading_flow.py -v -m integration
+"""
+
+from __future__ import annotations
+
+import json
+import uuid
+from datetime import datetime, timezone
+from unittest.mock import AsyncMock, patch
+
+import pytest
+from redis.asyncio import Redis
+
+from shared.redis_streams import StreamPublisher
+from shared.schemas.trading import (
+    AccountInfo,
+    OrderResult,
+    OrderSide,
+    OrderStatus,
+    PositionInfo,
+    SignalDirection,
+    TradeExecution,
+    TradeSignal,
+)
+from services.trade_executor.config import TradeExecutorConfig
+from services.trade_executor.main import process_signal
+from services.trade_executor.risk_manager import RiskManager
+
+# ---------------------------------------------------------------------------
+# Fixtures
+# ---------------------------------------------------------------------------
+
+REDIS_URL = "redis://localhost:6379/1"  # Use DB 1 to avoid conflicts
+
+SIGNALS_STREAM = "test:signals:generated"
+TRADES_STREAM = "test:trades:executed"
+
+
+@pytest.fixture
+async def redis_client():
+    """Provide a clean Redis connection on DB 1 and clean up streams after."""
+    client = Redis.from_url(REDIS_URL, decode_responses=False)
+    await client.delete(SIGNALS_STREAM, TRADES_STREAM)
+    yield client
+    await client.delete(SIGNALS_STREAM, TRADES_STREAM)
+    await client.aclose()
+
+
+@pytest.fixture
+def sample_signal() -> TradeSignal:
+    """Return a sample trade signal for AAPL."""
+    return TradeSignal(
+        ticker="AAPL",
+        direction=SignalDirection.LONG,
+        strength=0.8,
+        strategy_sources=["momentum", "news_driven"],
+        sentiment_context={"avg_score": 0.85, "current_price": 190.50},
+        timestamp=datetime.now(timezone.utc),
+    )
+
+
+@pytest.fixture
+def mock_account() -> AccountInfo:
+    """Return a mock account with 100k equity."""
+    return AccountInfo(
+        equity=100_000.0,
+        cash=50_000.0,
+        buying_power=100_000.0,
+        portfolio_value=100_000.0,
+    )
+
+
+@pytest.fixture
+def mock_order_result() -> OrderResult:
+    """Return a mock filled order result."""
+    return OrderResult(
+        order_id="test-order-001",
+        ticker="AAPL",
+        side=OrderSide.BUY,
+        qty=20.0,
+        filled_price=190.50,
+        status=OrderStatus.FILLED,
+        timestamp=datetime.now(timezone.utc),
+    )
+
+
+# ---------------------------------------------------------------------------
+# Mock counters
+# ---------------------------------------------------------------------------
+
+
+class _FakeCounter:
+    def __init__(self):
+        self.total = 0
+        self.attrs: list[dict] = []
+
+    def add(self, amount: int = 1, attributes: dict | None = None):
+        self.total += amount
+        if attributes:
+            self.attrs.append(attributes)
+
+
+class _FakeHistogram:
+    def __init__(self):
+        self.values: list[float] = []
+
+    def record(self, value: float, attributes: dict | None = None):
+        self.values.append(value)
+
+
+def _make_counters() -> dict:
+    return {
+        "trades_executed": _FakeCounter(),
+        "rejections": _FakeCounter(),
+        "fill_latency": _FakeHistogram(),
+    }
+
+
+# ---------------------------------------------------------------------------
+# Tests
+# ---------------------------------------------------------------------------
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_signal_produces_trade_execution(
+    redis_client: Redis,
+    sample_signal: TradeSignal,
+    mock_account: AccountInfo,
+    mock_order_result: OrderResult,
+):
+    """Process a trade signal through the executor and verify a
+    TradeExecution is published to the trades:executed stream.
+    """
+    publisher = StreamPublisher(redis_client, TRADES_STREAM)
+    counters = _make_counters()
+
+    # Create mock broker
+    mock_broker = AsyncMock()
+    mock_broker.get_account = AsyncMock(return_value=mock_account)
+    mock_broker.get_positions = AsyncMock(return_value=[])
+    mock_broker.submit_order = AsyncMock(return_value=mock_order_result)
+
+    # Create risk manager with the mock broker, patching market hours check
+    config = TradeExecutorConfig()
+    risk_manager = RiskManager(config, mock_broker)
+
+    # Patch _is_market_hours to always return True
+    with patch.object(RiskManager, "_is_market_hours", return_value=True):
+        await process_signal(
+            sample_signal,
+            risk_manager,
+            mock_broker,
+            publisher,
+            counters,
+        )
+
+    # Verify the broker was called
+    mock_broker.submit_order.assert_called_once()
+    order_arg = mock_broker.submit_order.call_args[0][0]
+    assert order_arg.ticker == "AAPL"
+    assert order_arg.side == OrderSide.BUY
+
+    # Verify a TradeExecution was published
+    messages = await redis_client.xrange(TRADES_STREAM)
+    assert len(messages) == 1
+
+    _msg_id, fields = messages[0]
+    data = json.loads(fields[b"data"])
+    execution = TradeExecution.model_validate(data)
+
+    assert execution.ticker == "AAPL"
+    assert execution.side == OrderSide.BUY
+    assert execution.qty == 20.0
+    assert execution.price == 190.50
+    assert execution.status == OrderStatus.FILLED
+
+    # Counter checks
+    assert counters["trades_executed"].total == 1
+    assert len(counters["fill_latency"].values) == 1
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_short_signal_produces_sell_execution(
+    redis_client: Redis,
+    mock_account: AccountInfo,
+):
+    """A SHORT signal should produce a SELL order."""
+    short_signal = TradeSignal(
+        ticker="TSLA",
+        direction=SignalDirection.SHORT,
+        strength=0.7,
+        strategy_sources=["mean_reversion"],
+        sentiment_context={"avg_score": -0.6, "current_price": 250.00},
+        timestamp=datetime.now(timezone.utc),
+    )
+
+    sell_result = OrderResult(
+        order_id="test-order-002",
+        ticker="TSLA",
+        side=OrderSide.SELL,
+        qty=14.0,
+        filled_price=250.00,
+        status=OrderStatus.FILLED,
+        timestamp=datetime.now(timezone.utc),
+    )
+
+    publisher = StreamPublisher(redis_client, TRADES_STREAM)
+    counters = _make_counters()
+
+    mock_broker = AsyncMock()
+    mock_broker.get_account = AsyncMock(return_value=mock_account)
+    mock_broker.get_positions = AsyncMock(return_value=[])
+    mock_broker.submit_order = AsyncMock(return_value=sell_result)
+
+    config = TradeExecutorConfig()
+    risk_manager = RiskManager(config, mock_broker)
+
+    with patch.object(RiskManager, "_is_market_hours", return_value=True):
+        await process_signal(
+            short_signal,
+            risk_manager,
+            mock_broker,
+            publisher,
+            counters,
+        )
+
+    messages = await redis_client.xrange(TRADES_STREAM)
+    assert len(messages) == 1
+
+    _msg_id, fields = messages[0]
+    data = json.loads(fields[b"data"])
+    execution = TradeExecution.model_validate(data)
+
+    assert execution.ticker == "TSLA"
+    assert execution.side == OrderSide.SELL
+    assert execution.status == OrderStatus.FILLED
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_risk_rejection_does_not_publish(
+    redis_client: Redis,
+    sample_signal: TradeSignal,
+    mock_account: AccountInfo,
+):
+    """When risk checks fail (outside market hours), no TradeExecution
+    should be published.
+    """
+    publisher = StreamPublisher(redis_client, TRADES_STREAM)
+    counters = _make_counters()
+
+    mock_broker = AsyncMock()
+    mock_broker.get_account = AsyncMock(return_value=mock_account)
+    mock_broker.get_positions = AsyncMock(return_value=[])
+
+    config = TradeExecutorConfig()
+    risk_manager = RiskManager(config, mock_broker)
+
+    # Market is closed -> risk check fails
+    with patch.object(RiskManager, "_is_market_hours", return_value=False):
+        await process_signal(
+            sample_signal,
+            risk_manager,
+            mock_broker,
+            publisher,
+            counters,
+        )
+
+    # No order should have been submitted
+    mock_broker.submit_order.assert_not_called()
+
+    # No messages on the trades stream
+    messages = await redis_client.xrange(TRADES_STREAM)
+    assert len(messages) == 0
+
+    # Rejection counter should be incremented
+    assert counters["rejections"].total == 1
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_max_positions_rejection(
+    redis_client: Redis,
+    sample_signal: TradeSignal,
+    mock_account: AccountInfo,
+):
+    """When the maximum number of positions is reached, the signal
+    should be rejected.
+    """
+    publisher = StreamPublisher(redis_client, TRADES_STREAM)
+    counters = _make_counters()
+
+    # Create enough mock positions to exceed the limit
+    existing_positions = [
+        PositionInfo(
+            ticker=f"STOCK{i}",
+            qty=10.0,
+            avg_entry=100.0,
+            current_price=105.0,
+            unrealized_pnl=50.0,
+            market_value=1050.0,
+        )
+        for i in range(25)  # Default max is 20
+    ]
+
+    mock_broker = AsyncMock()
+    mock_broker.get_account = AsyncMock(return_value=mock_account)
+    mock_broker.get_positions = AsyncMock(return_value=existing_positions)
+
+    config = TradeExecutorConfig()
+    risk_manager = RiskManager(config, mock_broker)
+
+    with patch.object(RiskManager, "_is_market_hours", return_value=True):
+        await process_signal(
+            sample_signal,
+            risk_manager,
+            mock_broker,
+            publisher,
+            counters,
+        )
+
+    mock_broker.submit_order.assert_not_called()
+
+    messages = await redis_client.xrange(TRADES_STREAM)
+    assert len(messages) == 0
+
+    assert counters["rejections"].total == 1
+
+
+@pytest.mark.integration
+@pytest.mark.asyncio
+async def test_publish_signal_and_consume_execution_roundtrip(
+    redis_client: Redis,
+    sample_signal: TradeSignal,
+    mock_account: AccountInfo,
+    mock_order_result: OrderResult,
+):
+    """End-to-end: publish a signal to the signals stream, process it,
+    and verify the execution can be read back from the trades stream.
+    """
+    # Publish the signal to the signals stream
+    signal_publisher = StreamPublisher(redis_client, SIGNALS_STREAM)
+    await signal_publisher.publish(sample_signal.model_dump(mode="json"))
+
+    # Verify the signal is on the stream
+    signal_messages = await redis_client.xrange(SIGNALS_STREAM)
+    assert len(signal_messages) == 1
+
+    # Parse it back to verify serialization
+    _msg_id, fields = signal_messages[0]
+    data = json.loads(fields[b"data"])
+    parsed_signal = TradeSignal.model_validate(data)
+    assert parsed_signal.ticker == "AAPL"
+    assert parsed_signal.direction == SignalDirection.LONG
+
+    # Process the signal through the executor
+    trades_publisher = StreamPublisher(redis_client, TRADES_STREAM)
+    counters = _make_counters()
+
+    mock_broker = AsyncMock()
+    mock_broker.get_account = AsyncMock(return_value=mock_account)
+    mock_broker.get_positions = AsyncMock(return_value=[])
+    mock_broker.submit_order = AsyncMock(return_value=mock_order_result)
+
+    config = TradeExecutorConfig()
+    risk_manager = RiskManager(config, mock_broker)
+
+    with patch.object(RiskManager, "_is_market_hours", return_value=True):
+        await process_signal(
+            parsed_signal,
+            risk_manager,
+            mock_broker,
+            trades_publisher,
+            counters,
+        )
+
+    # Read the execution from the trades stream
+    trade_messages = await redis_client.xrange(TRADES_STREAM)
+    assert len(trade_messages) == 1
+
+    _msg_id, fields = trade_messages[0]
+    data = json.loads(fields[b"data"])
+    execution = TradeExecution.model_validate(data)
+
+    assert execution.ticker == "AAPL"
+    assert execution.side == OrderSide.BUY
+    assert execution.status == OrderStatus.FILLED
+    assert execution.price == 190.50