Automated Bond System Definition
From 1977 to 2007, Automated Bond System (ABS) was the NYSE’s electronic bond
trading platform. The ABS platform maintained, displayed, and matched
orders, entered by member firms, in a strict price and time priority basis.
ABS, primarily served retail bond investors and disseminated bond quotations and
last sale price reports on a real-time basis.
In April 2007, ABS was replaced by NYSE Bonds.