Tom Next

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.
Last modified on 23 March 2017, at 07:45