Market Index Value Types

Market Index Values are categorized into three different types, with different characteristics and behaviour. These are not maintained by the system, the system will only give a market index value a default value based on the valid from date.

Type	Default value when	Explanation	Used in calculations
Spot	Valid From Date and Valid To Date are equal	Any value that is marking the what the actual value was for the given date.
Forward	Valid From Date and Valid To Date are not equal	A value that is predicting the future values for a given period.
Historical Forward	Not given by the system automatically	An archived forward value.