For the cascade the “End Date” is wrt to “Start Date”, but “Start Date” is wrt the Futures Delivery date. So normally I would expect the delivery date to be before the start date of the underlying futures periods – so you would not have negative start date offsets. So in your example the parent delivery date is at the start of the futures notional period and this is when cascade takes place and offset is then 1fom, 2fom, 3fom etc.
We have unrivalled expertise in successful C/ETRM and TMS implementations, and digital transformation projects, as well as defining market solutions that have become system industry standards. We have a proven track record of successful deliveries at greenfield projects and at existing clients.
Copyright 2022 KWA Analytics
Openlink®, Endur®, Findur®, and the Openlink logo are trademarks, service marks or registered trademarks of Openlink Financial LLC.
KWA Analytics and Openlink Financial LLC are unaffiliated companies.