Automated Bond System - ABS

The electronic system on the NYSE that records bids and offers for inactively traded bonds until they are canceled or executed.


Because the bid and ask prices of inactively traded bonds aren't constantly changing due to demand and supply conditions, investors looking for a quote may have difficulties. By having all inactive bonds electronically monitored, the NYSE is able to keep a good inventory of bond prices, just in case an investor is interested in purchasing them.



Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.

Advantages Of Bonds - They may not be sexy, but bonds do have a place in every balanced portfolio. Find out why.

Advanced Bond Concepts - This detailed tutorial explains some of the more complex concepts and calculations you need to know for trading bonds, including bond pricing, yield, term structure of interest rates, duration, and much more.
Related Terms

Ask

Bid

Bid Price

Bond

Bond Quote

NYSE

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