Understanding indices and curves¶
In the nGenue application, the concepts of indices and curves are integral to effective pricing management and financial data reporting. An index or curve encapsulates the hierarchical relationships between pricing structures, including the New York Mercantile Exchange (NYMEX) and Basis pricing. Understanding how to configure Indices and Curves is essential for setting up deals, generating invoices, and managing comprehensive settlements.
Configuring indices and curves is critical for:
- Setting up deals
- Generating invoices
- Managing comprehensive settlements
This module is foundational to pricing strategies and supports robust reporting mechanisms, enabling detailed financial analysis.