Methodology · Publication ritual

First Tuesday. Feb · May · Aug · Nov. The ritual does not move.

Russell, Fortune, S&P — every durable index has a publication ritual that doesn't move. The ritual creates a shared expectation; the shared expectation is half of an index's brand. Aequara publishes on the first Tuesday of February, May, August, and November, with eight artifacts in each cycle. Holidays adjust to the next business day; nothing else.

2026 calendar

Four cycles. Same packet. Same Tuesday.

No cycle has been published yet. The brand was ratified May 8, 2026; the cadence begins with the first publication in Q3 2026.

Q4 · 2026
Nov 3
Planned

2027 calendar

Q1 · 2027
Feb 2
Annual auditor letter cycle
Q2 · 2027
May 4
Pending
Q3 · 2027
Aug 3
Pending
Q4 · 2027
Nov 2
Pending
The packet

Eight artifacts. Every cycle. Without exception.

Discipline is what differentiates publication from output. Every quarterly cycle ships the same eight artifacts in the same order. The packet does not contract because we ran out of time, and does not expand because we have something exciting to share. The ritual is the brand.

01

Index reconciliation

Constituents added, removed, weighted-rebalanced. Active count.

02

Brier ledger

Prior cycle predictions scored. Calibration updated.

03

Methodology + model hash

Current SHA-256 of methodology, every routed model, and active prompt set. Sealed amendment ledger.

04

Revenue disclosure

Source breakdown. Anti-issuer-pay attestation.

05

Confluence matrix

Per-call independence scores. Strong vs weak flagged.

06

Steward attestation + model cards

Named human reviewer, personal accountability statement, and the model card for every provider routed during the cycle.

07

Sub-index roll

NPX-AI, NPX-Sector, NPX-Ethics-90, NPX-Trustee-Tier updates.

08

Annual auditor letter

External attestation. Q1 cycle only.

The discipline

Why a fixed publication day matters.

A fixed publication day forces the work to converge. It prevents the editorial steward panel from negotiating their way out of an inconvenient deadline. It creates a shared expectation in the audience that becomes the brand. And it makes failure to publish on time the most legible possible signal that something has gone wrong — exactly what you want from a fiduciary measurement company.

The Russell rebalance, the S&P committee meeting, the FOMC release schedule — every durable financial publication has the same property. Aequara inherits that property by design.

"After hours, the calibration continues."

Trustee members will see each packet early — Foundation 24 hours, Principal 30 days.

Apply for Trustee →
The quarterly publication
Free. Public. Four times a year.
First Tuesday of Feb · May · Aug · Nov. Eight artifacts every cycle.