Epstein File EFTA01462154: Construction (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01462154: Construction (DS10)

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This document discusses index fixings and their measurement of underlying variables, noting that by construction such fixings may lag or mis-measure actual movements. No specific names, dates, or financial amounts are provided in the excerpt.

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construction

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Excerpt 1

It is important to note that the index fixings may -- by **construction** -- lag or mis-measure the actual move in the underlying variables they are intended