Automated Bond System (ABS) is a computerized platform used by financial institutions and government agencies to facilitate the trading and settlement of bonds. It provides a centralized marketplace where buyers and sellers can electronically submit and execute bond orders. ABS automates the entire bond trading process, including order matching, price negotiation, and trade confirmation. It also enables efficient post-trade activities such as clearing, settlement, and reporting. By streamlining bond transactions, ABS enhances transparency, reduces manual errors, and improves overall market efficiency.
The Automated Bond System (ABS) is a computerized trading system used by the bond market to facilitate the buying and selling of bonds. It provides a platform for brokers and dealers to enter orders and execute trades electronically. The ABS is regulated by the Securities and Exchange Commission (SEC) and operates in compliance with the rules and regulations set forth by the Financial Industry Regulatory Authority (FINRA). The system is designed to increase transparency and efficiency in the bond market by providing real-time pricing and trade execution. It also helps to ensure compliance with regulatory requirements and promotes fair and orderly trading.
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This glossary post was last updated: 29th March 2024.
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