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Tom/Next

German translation: Tom/Next-Geschäft

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Tom/Next
German translation:Tom/Next-Geschäft
Entered by: Silke Blumbach

11:03 Oct 12, 2008
English to German translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: Tom/Next
When a Spot Forex position is held at the end of the business day prior to its Value date, it will be rolled over to a new value date on a Tom/Next basis.
Silke Blumbach
Germany
Local time: 06:50
Tom/Next-Geschäft
Explanation:
Der Begriff wird auch in der deutschen Fachsprache verwendet.
Selected response from:

Ralf Lemster
Germany
Local time: 06:50
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3Tom/Next-Geschäft
Ralf Lemster
4 -1morgen/folgend(e)
Rolf Keiser
3Tages- und Termingeld
Dr. Erich A. Schmidt (X)


Discussion entries: 4





  

Answers


17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
tom/next
morgen/folgend(e)


Explanation:
Fachbegriff "tommorrow/next (procedure). Die Schlussnotierung wird am nächsten Tag zur Eröffnungsnotierung angeboten.

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Note added at 33 mins (2008-10-12 11:36:44 GMT)
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s. Bemerkung Hans Liepert: gemeint ist natürlich "business day". Thanks, Hans!

Rolf Keiser
Switzerland
Local time: 06:50
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 51

Peer comments on this answer (and responses from the answerer)
disagree  Ralf Lemster: Das Konzept beschreibt ein Geld- bzw. Währungsgeschäft mit Valuta t+1 gegen t+2
5 hrs
  -> ist mir auch klar, deshalb meine Explanation
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25 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
tom/next
Tages- und Termingeld


Explanation:
Quelle: Babylon und Wikipedia Deutsch

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Note added at 5 hrs (2008-10-12 16:54:40 GMT)
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Ich ziehe meinen Vorschlag zurück, da ich beim Recherchieren versehentlich einer falschen Zuordnung aufgesessen bin. TOM/NEXT heißt in der Langform Tomorrow-against-Next-Day.

Dr. Erich A. Schmidt (X)
Local time: 06:50
Native speaker of: German
PRO pts in category: 5
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
tom/next
Tom/Next-Geschäft


Explanation:
Der Begriff wird auch in der deutschen Fachsprache verwendet.


    Reference: http://de.wikipedia.org/wiki/Tages-_und_Termingeldhandel
Ralf Lemster
Germany
Local time: 06:50
Specializes in field
Native speaker of: German
PRO pts in category: 1620

Peer comments on this answer (and responses from the answerer)
agree  David Moore (X): 'Morning Ralf.
15 hrs
agree  Corinna Müller-Strehler (X): Absolut!
16 hrs
agree  Kristin Sobania (X)
16 hrs
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