Freshness
How recently the current market observation was received. Old observations remain stale even when the price itself still looks plausible.
Price is useful only when
its truth is current.
Market Truth is Veeval’s protected view of the current market observation and its freshness. A plausible-looking old price is still stale. A broken transport does not become permission to guess.
FOUR DIMENSIONSObserve the market.
Observe the market.
Verify the observation.
Market Truth is not a prediction. It is the current observation contract that downstream evidence and decision logic depend on.
Transport
Whether the protected market-data path is alive and delivering expected observations without silently falling back to an invented price.
Source
Which permitted source produced the observation and whether that source is the canonical market input for the current operating mode.
Context
Price alone is not a decision. Session, spread, volatility, structure and timing can change whether a setup remains actionable.
FRESHNESS LANGUAGEState is explicit
State is explicit
when the feed is not ready.
The exact thresholds can differ by operating contract; the public page does not invent a universal age limit.
The required market observation is current enough for the applicable decision step.
The latest observation exists but is too old for the current decision contract.
A required market source or transport is unavailable; Veeval must not fill the gap with a guessed price.
The market feed is present but another bounded quality or compatibility check requires operator review.
MARKET SOURCE
→TRANSPORT
→FRESHNESS
→CONTEXT
→DECISION INPUT
AUTHORITY BOUNDARY
Market Truth can be healthy while the correct decision is still WAIT.
Fresh market data is necessary for many decisions, but it is not sufficient. Evidence, valid levels, timing, remaining reward, product/account state and governance still have to align.
- Public learning pages explain Veeval state; they do not create a live signal.
- Examples are labelled and never substitute for current Market Truth or a live Decision Passport.
- Trader, model and chart evidence can inform Veeval without becoming final authority.
- Unknown levels, outcomes, performance and client evidence remain unknown instead of being invented.
NEXT CONCEPT
Decision Passport →