Automated Broker Software

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What Does Automated Broker Software Mean?

Automated broker software (ABI software) is a term for a set of tools and applications aimed at facilitating certain types of brokered transactions. This term can refer to software used in importing/exporting or to software used in stock trading and other similar kinds of financial transactions.

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See also forex trading platform.

Techopedia Explains Automated Broker Software

Within the realm of automated broker software for the financial markets, there are many resources to assist with collecting and storing data related to trades or transactions. Common features include tax assessment or projections, as well as chart and history analysis for equities and commodities. Some automated broker software may assist those who are pursuing foreign exchange transactions, where currency converters and other tools may be helpful.

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Margaret Rouse
Technology Expert
Margaret Rouse
Technology Expert

Margaret is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.