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.

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The pathos of the failed small shopkeeper is sharply contrasted with the ebullient supermarket manager with his dehumanizing professional talk of trolley types, transactions and basket trade. A teacher makes the point about the importance of relationship between pupil and teacher: '...

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This situation started to change on the eve of the economic crisis when, in May 2008, the CBR introduced the notion of a ruble bi-currency basket trade corridor.

Uralsib - Russia Equity Research - Economics - Stronger Ruble, Higher Inflation, Stable Rates; Where Russia is Headed in 2010? - Feb 18, 2010

Yohay is a specialty baker to the coffee, tea, gourmet, and gift basket trade. Our unique cookies complement over 40 Wafer Roll flavors, as well as one-of-a-kind delicacies like Cookie Spoons, Cup Shaped Cookies, Teapot Cookies, Cigar Wafers, Cookie Cones, Biscotti, Cookie Straws, Jam Bars, Cookie Discs, Voila Chocolate Coated Wafers, King Size Wafers, and Rugelach.

Yohay Baking Co., Inc. (Corporate Profile)

So despite his firm's ETF products averaging about $67,000 per product a day, the underlying basket trades $23 billion per day.

6 ETF Questions Advisors Ask Most

Historically, basket trades have been passed from the buy-side to sell-side program trading desks, which then split orders across multiple desks depending on the region or country being traded.

Bloomberg Tradebook launches global portfolio trading algo

"Most traders have a choice of trading vehicles to implement a given trade, from ETFs to basket trades, from stock index futures contracts to OTC equity swaps," says Laurie Berke, a New York-based partner at TABB and author of the report.