> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# JTD exposure

The **JTD Exposure** captures the jump-to-default risk that may not be captured by credit spread shocks under the SBM.

| Field            | Key | Description                                         |
| ---------------- | --- | --------------------------------------------------- |
| As-of Date       | Y   | Timestamp (at close of business) for the data (T-1) |
| Trade ID         | Y   | A unique identifier for the trade (or position)     |
| Risk Factor Name | Y   | A unique identifier for the risk-factor             |
| Risk Class       | Y   | “DRC Sec non-CTP”                                   |
| Risk Measure     | Y   | “DRC”                                               |
| Direction        |     | Is the exposure “long” or “short”                   |
| Market Value     |     | The market value of the exposure (JTD)              |