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Glossary > T > "Tom next" Definition

Tom next

In the interbank market in Eurodollar deposits and the foreign exchange market, the value (delivery) date on a Tom next transaction is the next business day. Refers to tomorrow next.

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Tom next - In the interbank market in Eurodollar deposits and the foreign exchange market, the value (delivery) date on a Tom next transaction is the next business day. Refers to tomorrow next.

Tom next : in the interbank market in eurodollar deposits and the foreign exchange market, the value (delivery) date on a tom next transaction is the next business day. refers to tomorrow next.