This management technique allocates a maximum percentage of daily volume and focuses on open interest.

The described management technique that allocates a maximum percentage of daily volume and places an emphasis on open interest aligns with liquidity limits. Liquidity limits are designed to ensure that a portfolio does not create or exacerbate liquidity issues by controlling the volume of trades in relation to the market's capacity to absorb those trades without significant price deterioration.

By focusing on a maximum percentage of daily volume, liquidity limits help in maintaining market stability and ensuring that transactions can be executed efficiently. Open interest indicates the total number of outstanding derivative contracts, which serves as a measure of market liquidity. Thus, managing both daily volume and open interest is crucial in maintaining adequate liquidity in a trading strategy.

In contrast, other options pertain to different aspects of risk management. Position concentration limits deal with reducing exposure to a single asset or sector; scenario analysis limits involve assessing potential outcomes in response to varying market conditions; and leverage limits focus on managing the degree of borrowed capital used in investments. Each of these plays a vital role in a comprehensive risk management framework but does not specifically address the approach of linking trading volume to market liquidity as highlighted in the question.