Tom Next

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Tom Next, or "tomorrow next," is a term used in currency, interbank Eurodollar and metals trading to manage delivery dates.[1][2][3]

It is used in currency trading by traders holding positions but not wanting to take delivery.[4]

It is used in metals trading to move delivery dates as they approach.

References

  1. Tomorrow Next - Tom Next. Investopedia.
  2. London Metal Exchange cuts fees after pressure from members. Financial Times.
  3. Tom next. Nasdaq.
  4. Tomorrow Next. Economy Watch.