Basket Trade

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Basket Trade

1. A single order or trade in 15 or more securities, especially in large amounts. Basket trades can be open orders in which the computer is instructed to wait until a certain price prevails before buying or selling the large quantity of securities. This is a service offered exclusively to institutional investors and high net-worth individuals.

2. See: Program Trading.
References in periodicals archive ?
Basket trading helps investors enter orders in a set of stocks which are either index constituents or part of a basket created by them.
Alior Bank declared that its traders will use Valdi's trading tools for managing their WSE order flow, including Valdi Selector for risk management and Valdi Program Trader for basket trading and index arbitrage capabilities.
Phillip Futures, a subsidiary of PhillipCapital, has already deployed RTS' solutions to its customers in Singapore and across Asia; Phillip Securities believes that RTS will be best suited to support institutional traders' needs and allow them to take advantage of opportunities through cash-futures arbitrage, statistical arbitrage and basket trading.
All that leaded to biacurrency basket trading higher 34 RUR in the afternoon, by the close of the day getting 12 kopeks stronger - 34.
Investors shifted from basket trading in indices stocks to stock-specific approach, of late.
TradeSmart also makes available a number of modules that support other execution and order management activities such as Basket Trading, Pre and Post Trade Analysis, Allocations, Positions and P&L tracking.
said Monday it earlier in the day mistakenly placed a sell order in basket trading of multiple companies' stocks on the Tokyo Stock Exchange, and apologized for causing any troubles in the market.
RealTick's sophisticated order handling and decision-support tools allow traders to easily employ a wide variety of complex trading strategies, such as algorithmic trading and basket trading.
The second innovation in the process of market perestroika involves the anticipated introduction of new basket trading products on the New York Stock Exchange.
Its trading desk also offers FIX connections, real-time access to the European markets and basket trading.
JP Morgan wrongly places basket trading order on TSE
RealTick's sophisticated order handling and decision-support tools allow users to easily employ a wide variety of complex trading strategies, such as algorithmic trading and basket trading.