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 is before or today
Any value that is marking the what the actual value was for the given valid from date.
Forward
Valid from date is after today
A value that is predicting the future values for a given period.
