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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A preassembled group of securities. Baskets allow individual investors to acquire a group of securities with a single trade while paying one commission.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
If these therapies fail, surgery is the last choice to release the trapped Dormia basket and remove biliary stones (1,3).
In this scenario, we thought that the use of FCSEMS could be a suitable choice even in the case of a trapped Dormia Basket, thus providing quick biliary drainage, carrying to stone fragmentation or size reduction with continuous rubbing between the stone and the metal mesh of the stent.
Covered metal stent as a rescue therapy for impacted Dormia basket in the biliary tract.
Goh, "Retrieval of an impacted Dormia basket and stone in situ using a novel method," Gastrointestinal Endoscopy, vol.
Duarte, "Surgical removal of a severed Dormia basket from the bile duct," Endoscopy, vol.
Caption: FIGURE 2: Dormia basket in CBD, after handle has broken (endoscope has been removed pending urgent surgery).
Large stone is seen within impacted ERCP Dormia basket.
Caption: FIGURE 4: Debulked ERCP Dormia basket now collapsed and ready for removal, with few remaining stone fragments.
Balloon-tip catheter and/or Dormia baskets were used for stone extraction.
With regard to the logistic cost, the extra consumption of a Dormia basket catheter in modified technique was partially balanced by the sparing of a snare catheter which was needed in traditional technique.