Basket

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Basket

Applies to derivative products. Group of stocks that is formed with the intention of either being bought or sold all at once, usually to perform index arbitrage or a hedging program.

Basket

1. A group of securities often, but not always, derivatives, bought and sold as a single unit. Institutional investors often purchase baskets in order to pay only a single commission on an exceptionally large transaction. A basket is also useful in an index arbitrage transaction.

2. See: Currency basket.

basket

A preassembled group of securities. Baskets allow individual investors to acquire a group of securities with a single trade while paying one commission.

Basket.

A basket is a group of securities that have been put together for a specific investment purpose and are traded as a unit.

Authorized ETF participants accumulate baskets that include all of the securities tracked by a specific index. The baskets then become creation units for an ETF that tracks that index.

Basket also refers to a group of 15 or more securities with a combined value of $1 million that institutional investors and arbitrageurs assemble to use in program trading. The program trading is driven by sophisticated computer software that may automatically trigger trading when prices, or spreads between prices, hit predetermined levels.

Since baskets represent large values, basket trading can cause abrupt price changes in a stock or group of stocks included in a basket and may even have a dramatic effect on the overall market.

References in periodicals archive ?
In this sense, one of the leading principles of the Arte Baniwa project is to preserve the harmony between the basketwork on a commercial scale with the rest of the Baniwa community-based activities.
Traditional art includes sculpture (wood, bronze), leather craft, weaving, fashion, hairdressing, pottery, basketwork and painting (Pibot 2001).
At La Draga, not only have numerous seeds from different species of domestic and wild plants been found (see below), but also some basketwork containers made of vegetable fibre from aquatic plants.
The aim of the following section will be to demonstrate a connection between the counting systems as documented by Codrington and the patterned basketwork of the Islanders described by Haddon and Hingston-Quiggin through the lens of Rivers' psychometric tests.
The principal handicrafts of the region include basketwork, cane furniture, bamboo flower, mats and woodcarvings.
Mr Leedman said the burials would use biodegradable coffins - the most popular being a willow coffin with flowers woven into the basketwork.
Local French crafts will also be on show with basketwork, traditional wooden toys, soaps and candles, as well as accessories such as bags, sunglasses, jewellery, scarves and a taster of Paris fashion week.
Badge work was a key element to company activity, and it included stave drill, free movement, country dancing, home nursing, basketwork, national dancing, first aid, and knitting/crafts.
A coracle is a small boat with a basketwork frame which has existed in Britain for thousands of years.
Until the latest spate of violence erupted, Israelis would regularly travel to the Jordan Valley on the West Bank to buy cheaply-priced Palestinian wares such as basketwork and pottery.
16 hours) in which recent information was retrieved on the European Community (EC) market for basketwork, including 10 summaries of market reports and articles (from the "Promt" database of "Predicasts"), 2 EC Directives in full-text form (from the "Celex" database of the EC) and 20 trade opportunities (from the "Business" database of "Online GmbH"), including requests from importers and proposals of joint ventures.
There, hiding behind a huge basketwork luggage container on the platform, was his fiancee, Elisabeth Butterfield, who had not seen him since he had left England.