FTB-C000082 / Market data field

Unadjusted Price

Unadjusted price is the reported or normalized market price before retrospective corporate-action adjustment.

Also known asraw priceas-traded price

Intermediate 5 linked topicsPublished

Definitions

In plain terms

It preserves the price basis observed for that instrument at the time, subject to feed corrections and normalization.

Technical

Unadjusted does not mean untouched bytes: decoding, currency scaling, corrections, eligibility, and source normalization may still have occurred.

Scope

Use an explicit basis label because raw can ambiguously mean source payload, decoded value, or unadjusted economics.

Examples

  • A governed dataset records unadjusted price explicitly and preserves the source context needed to interpret it.

Common misconceptions

  • Unadjusted Price does not have one universal meaning or policy without its declared source, scope, and data contract.

Concept relationships

Related

Contrasts with

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D01-F01-A03 Mentioned
  • D01-F02-A01 Important
  • D02-F01-A01 Important
  • D02-F01-A02 Important
  • D02-F01-A05 Important

Evidence and governance

  1. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: preferred label, short definition, technical definition

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
Last reviewed
2026-07-26
Next review
2027-07-26
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.