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Glossary Term: AUTOMATED BOND SYSTEM (ABS)

Definition(s) for AUTOMATED BOND SYSTEM (ABS):

1. ) ABS is the NYSE’s electronic bond trading platform. The system maintains, displays, and matches orders, entered by member firms, in a strict price and time priority basis. ABS, primarily serves retail bond investors and disseminates bond quotations and last sale price reports on a real-time basis.


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