Spot Next definition

Spot Next means the term of a Repo transaction, of which the date for the Front Leg equals "Spot" and the date for the Term Leg is one trading day following the start date.
Sample 1Sample 2Sample 3

Examples of Spot Next in a sentence

  • Typically, for currency pairs that trade on a T+2 basis, on each Wednesday, (in the absence of holidays affecting the Spot and Spot Next dates) we will apply a fee equivalent to the Daily Financing Fee for the period Friday – Monday.

  • The days that the SFA Rollover Rate is charged and the number of days that the charge is accrued for are dependent on market standard conventions for dealing with Spot and Spot Next dates for each currency pair.

  • The SFA Rollover Rate is calculated by using a premium or discount for rolling the position from the Spot date to the Spot Next date.

  • The days that Financing Amount is charged and the number of days that the charge is accrued for are dependent of market standard conventions for dealing with Spot and Spot Next dates for each currency pair.

  • Underlying Instruments of CurrenciesFor Currency trades that are held overnight, and not closed intraday, the Financing Amount is calculated by using a premium or discount for rolling the position from the Spot date to the Spot Next date.

  • Historical values included in the Excel data file for the period from and including 10 April 2017 are calculated by reference to the Daily Collateral Yield without such zero percent floor.The Currency Pair Indices other than those tracking CNY and BRL each reflect the spot performance of one Currency against another Currency rolled daily using Spot Next Currency Forwards or Tom Next Currency Forward Contracts (see Deliverable Currencies below).

  • The days that the GCA Rollover Rate is charged and the number of days that the charge is accrued for are dependent on market standard conventions for dealing with Spot and Spot Next dates for each currency pair.

  • Typically, for currency pairs that trade on a T+2 basis, on each Wednesday, (in the absence of holidays affecting the Spot and Spot Next dates) we will apply a fee equivalent to the SFA Rollover Rate for the periodFriday – Monday.

  • Typically, for currency pairs that trade on a T+2 basis, on each Wednesday, (in the absence of holidays affecting the Spot and Spot Next dates) we will apply a fee equivalent to the GCA Rollover Rate for the periodFriday – Monday.Holiday financing adjustments are typically made two days before the holiday.

  • Typically, for currency pairs that trade on a T+2 basis, on each Wednesday, (in the absence of holidays affecting the Spot and Spot Next dates) we will apply a fee equivalent to the SFA Rollover Rate for the periodFriday – Monday.Holiday financing adjustments are typically made two days before the holiday.

Related to Spot Next

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Spot Rate for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date of such determination; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency.

  • Spot Price means the rate of exchange at the time at which such price is to be determined for foreign exchange transactions in the relevant Currency Pair for value on the Spot Date, as determined in good faith: (i) by the Seller, for purposes of Section 5, and (ii) by the Non-Defaulting Party, for purposes of Section 8.

  • Spot film means a radiograph which is made during a fluoroscopic examination to permanently record conditions which exist during that fluoroscopic procedure.

  • NSPOT means NCDEX Spot Exchange Ltd., which has been appointed by FCI for conducting E-Auction on its behalf.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • spot market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, as well as other non financial markets, such as forward markets for commodities.

  • Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.

  • Revaluation Date means with respect to any Loan, each of the following: (a) each date of a Borrowing of a Eurocurrency Rate Loan denominated in an Alternative Currency, (b) each date of a continuation of a Eurocurrency Rate Loan denominated in an Alternative Currency pursuant to Section 2.02, and (c) such additional dates as the Administrative Agent shall determine or the Required Lenders shall require.

  • Spot remover means any product labeled to clean localized areas, or remove localized spots or stains on cloth or fabric such as drapes, carpets, upholstery, and clothing, that does not require subsequent laundering to achieve stain removal. Spot remover does not include dry cleaning fluid, laundry pre-wash, or multi-purpose solvent.

  • Spot Rate of Exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, United States dollars.

  • Scan time means the period of time between the beginning and end of x-ray transmission data accumulation for a single scan.

  • Agent’s Spot Rate of Exchange means the Agent’s spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.

  • Real-time means the actual time in which an event takes place, with the reporting on or the recording of the event simultaneous with its occurrence.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Spot means the currency transaction made at the current Market Price with a subsequent delivery/settlement on the second business/banking day upon the transaction made;

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Spot-film device means a device intended to transport or position a radiographic image receptor between the x-ray source and fluoroscopic image receptor. It includes a device intended to hold a cassette over the input end of an image intensifier for the purpose of making a radiograph.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • Local Time means (i) New York City time in the case of a Loan, Borrowing or LC Disbursement denominated in Dollars and (ii) local time in the case of a Loan, Borrowing or LC Disbursement denominated in a Foreign Currency (it being understood that such local time shall mean London, England time unless otherwise notified by the Administrative Agent).

  • Option Exchange Ratio means the quotient obtained by dividing (i) the Cash Amount Per Share by (ii) the Acquiror Common Stock Price.

  • Record Time shall have the meaning set forth in the Recitals.

  • IRDAI means the Insurance Regulatory and Development Authority of India.

  • Central Time means Central Time as adjusted for daylight savings time.

  • Settlement Time means any time within two Business Days immediately following the Creation Order Date or the Redemption Order Date, as applicable.