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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 ?
"It's inspiring to us, we appreciate the love and support, and to see them change their schedule and daily hours to watch us play as well as to incorporate it (basketball) into their lives," Green said.
"We are pleased to provide a much-needed game ball for the most important international basketball event in the world," said Molten president/CEO Kiyofumi Tamiaki.
Most recently Chinny has worked with the National Basketball Association (NBA) in China, developing grassroots implementation of NBA-based basketball curriculum.
Two top teams would be qualified out of the National Divisional B-Grade Basketball Championship to the A-grade, Faqir Awan said.
For now, however, Odom is focused on helping Mighty Sports, as he restarts his basketball career.
"The New York Liberty is deeply saddened by the passing of one of the greatest figures in the history of women's basketball, Anne Donovan.
"Everyone is talking about it," says Cinco, who owns an events firm that organises basketball tournaments in Dubai.
Hence, Pakistan Basketball Federation has decided that Sindh Olympic Association, after scrutiny of divisional Basketball Association, will hold elections of Sindh Basketball Association which will be observed by representatives of Sindh Sports Board, Sindh Olympic Association and Pakistan Basketball Federation.
Higgins Road, volunteer coaches from the park district's youth basketball program will be on the sidelines to facilitate informal games and drills.
Just 10 or so years ago, today's young basketball pros were mere tykes who wanted to take their game higher by joining the Jr.
US BASKETBALL superstar Hakeem 'The Dream' Olajuwon coached more than 100 aspiring young basketball players at the second City of Birmingham Basketball summer camp in 2017.
"I've obtained license of FIBA basketball agent and founded my own basketball agency, "NK Basketball"," Kliucininkas, now 24, told The Baltic Times.