Tom Next definition

Tom Next means the term of a Repo transaction, for which the start date for the Front Leg corresponds to the closing day plus one trading day, and for which the end date for the Term Leg is one trading day after the start date.
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Tom Next means the term of a Repo transaction, of which the date for the Front Leg is identical with the date on which the transaction is concluded with the addition of one trading day and of which the date for the Term Leg is one trading day following the Front Leg.
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Tom Next means the sale of LME Contracts relating to any type of Metal for delivery on the following LME Settlement Day and the repurchase of equivalent LME Contracts for the same type of Metal for delivery in two LME Settlement Days
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Examples of Tom Next in a sentence

  • 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).

  • As with EONIA and €STR, one would expect this to yield a positive spread between the two, with Tom/ Next expected to be the higher of the two.2. DESTR is based on O/N deposits and thus includes transactions with value date equal to trade date that mature the following business day.

  • Allow sufficient time for the necessary reform of Tom/ Next and especially CITA, and for a DESTR-based OIS market to develop.2. Allow sufficient time to avoid triggering fallback claus- es for existing contracts to the largest extent possible.

  • Prior to the launch date of DESTR DFBF should an- nounce the discontinuation of the publication of Tom/ Next upon the cessation date in line with previous sections.2. The cessation date for the publication of Tom/Next should be 1 of January 2026 given that DESTR is expected to be launched in Q1 2022.

  • Tom/ Next and CITA swap curves are used by funds as a proxy for the risk-free rate when calculating risk-adjusted returns on investments.

  • As a consequence of CCPs’ use of Tom/ Next when calculating daily collateral calls, funds arealso exposed to Tom/Next from discounting cash flows onderivatives.

  • The Working Group encourages the SIA to further study the relative costs associated with pre-funding, Tom Next (t/n) foreign exchange trades, and lending as the means of funding U.S. securities transactions.In addition, Working Group members expressed concern regarding the 2005 deadline for establishing T+1 settlement for U.S. securities transactions.

  • In the absence of a money market yield curve, arbitrage transactions across domestic and Euromarket do not necessarily determine the structure of forward premier or discounts, though movements in call rates do have considerable influence on overnight, Tom Next and Spot/Next swaps.

  • Tom Next Offered Index Swaps Index Dilution Levy NameClass H1 SharesClass H27Class I8Class JClass KClass LType *Notes to Summary of Shares, Investment Management Fees, Performance Fees and Administrative and Operating Fees(1) Minimum Subscription and Minimum Additional Subscription Investors should refer to the section of the Prospectus headed “Important Information” which may refer to an alternative minimum subscription requirement for investors from a particular country.

  • In this example, the swap cost for one day might be US$0.00 (see Section 10 for detail of overnight Tom- Next).

Related to Tom Next

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • the text message voting system means such text messaging voting facility as may be provided by the returning officer for the purpose of enabling voters to cast their votes by text message;

  • Internationally active insurance group means an insurance holding company system:

  • LOCKHEED XXXXXX means LOCKHEED XXXXXX CORPORATION, acting through its companies or business units as identified on the face of this Contract. If a subsidiary or affiliate of LOCKHEED XXXXXX CORPORATION is identified on the face of this Contract, then "LOCKHEED XXXXXX" means that subsidiary or affiliate.

  • NEC Electronics as used in this statement means NEC Electronics Corporation and also includes its majority-owned subsidiaries.

  • Mobile crisis outreach team means a crisis intervention service for minors or families of minors experiencing behavioral health or psychiatric emergencies.

  • 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.

  • Digital Health has the meaning ascribed to it in the Accountability Agreement and means the coordinated and integrated use of electronic systems, information and communication technologies to facilitate the collection, exchange and management of personal health information in order to improve the quality, access, productivity and sustainability of the healthcare system;

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Custom Calling Features means a set of Telecommunications Service features available to residential and single-line business customers including call-waiting, call-forwarding and three-party calling.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • SBD means Standard Bidding Documents.

  • Sealed source means any radioactive material that is encased in a capsule designed to prevent leakage or escape of the radioactive material.

  • POPIA means the Protection of Personal Information Act, No 4 of 2013;

  • Center of Excellence means a Provider that has entered into an agreement with Us to provide health benefit services for specific procedures. The Centers of Excellence are [identified in the Listing of Centers of Excellence.]

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • NEC Electronics products means any product developed or manufactured by or for NEC Electronics (as defined above).

  • Automotive hard paste wax means an automotive wax or polish that is:

  • American Express Meeting Planner Account or “AMEX MPA” is the method by which all Master Account charges under this Agreement shall be settled with an American Express Meeting Planner Account or AMEX MPA number. The appropriate and authorized AMEX MPA number will be provided to the Contractor only when a final invoice is received, reviewed, and approved by the AOC, in accordance with the provisions of this exhibit.

  • IntraLATA LEC Toll means IntraLATA Toll traffic carried solely by a Local Exchange Carrier and not by an IXC. "IntraLATA Toll Traffic" describes IntraLATA Traffic outside the Local Calling Area.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Supplier of water means any person who owns or operates a public water system.