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.
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.
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

Related to Tom Next

  • 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;

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.