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Automated Bond System |
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Automated bond system (ABS) The computerized system that records bids and offers for inactively traded bonds until they are cancelled or executed on the NYSE.
Automated Bond System An electronic system on the New York Stock Exchange giving bid and ask quotes for inactive bonds. This allows investors, especially the cabinet crowd, to easily monitor the prices of bonds that are not frequently traded. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Company's subordinated notes to be distributed have been approved for listing on the New York Stock Exchange ("NYSE"), and are expected to trade through the NYSE's Automated Bond System ("ABS"), under the symbol BHS20, beginning May 3, 2004. |
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