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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Automated Bond System

A computerized system of the New York Stock Exchange information that allows for automated trading of bonds listed on the exchange. This system handles most of the bond volume on the NYSE.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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