Spot next

Spot Next
The overnight swap from the spot date to the next business day.
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Spot Next
A term used for a forex transaction where the currency pair will be delivered on the day following the spot delivery date.
Spot Trade
A term used for a forex transaction where the currency pair will be delivered immediately.

Spot next (S/N). A foreign exchange deal that matures one business day past the spot date, or three business days.

Spot Next - An fx deal which matures one business day past the spot date, thus, 3 business days to maturity.
Swap Deal - An fx deal which consists of a simultaneous purchase and sale for different maturity dates with the same counterparty.

See also: Market, Trading, Spot, Loss, Swap