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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.


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.


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


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 ?
finest basketball available for use in these important contests.
The Southern California Interscholastic Basketball Coaches Association is holding its annual summer classic, with the finals scheduled for Sunday at Arroyo of El Monte (girls) and Northwood of Irvine (boys).
It is a position where many of the tools needed to play basketball - footwork, hands, size and agility - are a requirement.
The Graduate Assistant of the Year Award, as selected by the Women's Sports Foundation, is awarded annually to a female graduate assistant coach to recognize her contributions to a collegiate women's basketball program, and her commitment to becoming a coach of women's basketball in the new millennium.
The spread of basketball across the country is first credited to YMCA's that served as breeding grounds for players and fans alike, but eventually a few Y's attempted to ban the game.
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in 1891, Los Angeles' basketball history dates almost exclusively to the past 44 years.
COACH: What kind of basketball education did you get playing for Bud Millikan?
The WBCA National Convention is one of the most important events in the sport of women's basketball and is held each year in conjunction with the NCAA Women's Final Four
They follow Vetter because he wins, and playing for a top-ranked team could be the ticket to greater basketball glory.
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From the moment our parents brought her home, Maggie touched our hearts every day,'' her older brother, Jamie Dixon, the head men's basketball coach at the University of Pittsburgh, said during his eulogy.