Page Comparison

...

On the Averaging Period Grid, specify a window of time during which the average market price is calculated.

• FillDays: When Holidays or All option is selected, make sure that holidays have been specified in the Data Center Holiday Calendar, so that those dates will populate based on the Fill Rule specified.
• Fill Rule: The Fill Rule specifies where the price is to be taken from. When Last Spot Pricing is selected, the price used will be the last spot price on the curve on or before the Event Date.

...

• .

Structure

Select the Structure check box to use the Structure table to define the price of the component as a function of the index price. The calculation uses the formula: (Index price - Level) * (Correlation) + (Adjustment) = Unpriced Component Price.

...

• Range: Enter a range using inclusive [] and exclusive () brackets. In the below examples, 1 and 5 can be replaced with any number:
  • (1,5) or (1:5) = 2, 3, 4
    The range starts at 1, but does not include it, and ends at 5, but does not include it.
  • (1,5] or (1:5] = 2, 3, 4, 5
    The range starts at 1, but does not include it, and ends at 5 and includes it.
  • (1,) or (1:) = 2 through infinity
    The range starts at 1, but does not include it, and ends at infinity. 
  • (,5) or (:5) = infinity through 4
    The range starts at infinity and ends at 5, but does not include it.
• Correlation: Any Correlation entered in the General grid of the Unpriced Component will affect the Index price, subsequently affecting the Unpriced Component price when using the Structure table. This can result in the double application of a premium.

Structure Validation

Click the Validate button to check the calculation. IMOS checks to make sure that no two ranges overlap. If there are no errors, the Structure Validation form appears:

...