Automated Bond System (ABS) - Financial definition
Financial acronyms
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Concise definition of the term Automated Bond System
Name of an electronic system on the NYSE which records bids and offers for bonds with little activity until these are either executed or cancelled.
Comprehensive definition of the term Automated Bond System
This system allows investors to have access to a database of prices for bonds that do not have meaningful market prices, or none at all, due to extremely low trading volumes.