Basket Order

Basket Order

An order to buy or sell a group of securities, often derivatives, as a single unit. Institutional investors often make basket orders in order to pay only a single commission on an exceptionally large transaction. Basket orders are also useful in index arbitrage transactions.
References in periodicals archive ?
Went out to one and all To those waiting for the news To those hoping for a win To knowledge-seeking cross-worders The ECHO kept them all well-in The shouter's name was Datty Phillips He rode a deep basket order bike He shouted Excie-ECHO during His daily, two-hour, selling hike He rode from Bootle, where he lived And did the streets of Stanley Road Then ventured into Melrose Buildings To sell the remainder of his load The Billogs of Owen and Melrose Road Housed two hundred families or more Datty did a roaring trade there From people who wanted to know the score If you say you're from those Billogs But was not a Datty fan That means you have no real heart For he was our beloved Exie-ECHO man by A Scallywag, via email
Basket order window is also being made available in KATS to facilitate efficient hedging mechanism for small investors, high net worth individuals and financial institutions.
Basket Order -- eases the selling and purchase of more than one stock by sending multiple orders at press of a button.
3) Bonnie Barth and one of her workers, Katreena Ismerio, help a customer choose the contents for her basket order Monday.
The fee for adding QR codes to a shopping basket order starts at $200 for quantities of up to 500 shopping baskets.
Companies that place their gift basket order before the end of October will receive a choice of several luxury items as a thank you from the company.
Blackwood Securities, an agency-only direct access brokerage firm, provides its proprietary trading system and a full-service trading desk to institutional clients for the execution of single order, basket order, index arbitrage and pairs trading.
And the cost of picking in a fulfillment center is lower for basket orders than for individual items.
Speaking through interpreters, two generations of women shared stories of how working together enables them to fill bigger basket orders, and more important, they earn more money to build their farms, pay school fees, and buy health insurance.
Farmers who grew produce and flowers to fill Market Basket orders are scrambling to find other outlets.
Small businesses partner with America Basket to buy wholesale baskets and then customize gift basket orders to sell from their home based business, gift or floral shop.