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 ?
Performing with Meat Loaf on Hell In A Handbasket is The Neverland Express, his long-time backing ensemble, featuring John Miceli (drums, percussion), Patti Russo (lead and backing vocals), Paul Crook (electric and acoustic guitars), Randy Flowers (electric and acoustic guitars, vocals), David Luther (saxophone, vocals), Justin Avery (piano, organ, keyboard, vocals), and Danny Miranda (electric and upright bass).
Sure, those who think that they're going to be able to succeed by making massive numbers of undifferentiated whatevers are going to find themselves in the aforementioned handbasket.
THIS WEEK produced powerful new evidence for those journalistic Jerimiahs who insist that Britain is heading for Hell in a state-subsidised handbasket.
Doll definitely took issue with those who say the threetier "is going to hell in a handbasket," saying "nothing is further from the truth.
If we are to go to Heaven in a handbasket, a small but useful container, let it be well crafted, aesthetically pleasing and constructed with use and purpose in mind--not some carryall of synthetic material, offered as a mindlessly redundant "free gift" in exchange for signing up.
PEOPLE ASK, the world is going to hell in a handbasket.
And it ticks me off that while everything is going to hell in a handbasket neither the EU nor those whom our tax dollars and association dues help support are making it their top priority to protect and prepare their constituents.
e], and who'll intercede for us itinerants while the world goes to hell in a handbasket (floats like a discarded dinner-dress down to the aqueduct)?
Howard Kurtz commented in his March 27, 2003, online column Media Notes that, "If anything, the reports about individual units under attack may create the mistaken impression that the war effort is going to hell in a handbasket, rather than rolling inexorably toward Baghdad.
They went to Hell in a handbasket and there Was the ending for a xxxxxx xxxxxx.
He seeks his fame and fortune in the emerging Russian advertising business, which he learns is booming due to an unprecedented and uniquely Russian economic wonder: "The economy is going to hell in a handbasket while at the same time business is developing, flexing its muscles, and making strides in the international arena" (130).