(redirected from laundry basket)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia, Wikipedia.


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 ?
Potential licensees in the laundry accessories industry are currently being targeted as candidates to eventually commercialize the Pratt Laundry Basket on a worldwide basis.
The old oak tree was wearing the laundry basket for a hat.
Lacey,"l said angrily, pushing the laundry basket aside, "you're not listening.
The prewtty and the practical for loft living - <- the Aquilla sequin cushion and the Grey kubu oval laundry basket
The sad fact is George would stand more chance of winning the Turner prize if he had submitted the contents of his dustbin or dirty laundry basket.
intentionally placed his mobile phone in the laundry basket so he could take naked images of his 25-year-old compatriot while she was bathing or using the toilet.
I'M trying to find a triangular laundry basket for my newlyfitted bathroom.
08 THIS laundry basket (pounds 25) and towels (pounds 3-pounds 8) from Matalan are stylish bargains for any bathroom.
They quickly plastic laundry basket and relocated the feathered family to a nearby pond.
Ask your parents if you can put a cardboard box or a laundry basket in your room or just outside the door.
at Laundry Basket, 1608 Potomac Avenue in Dormont, where Rich purchased the winning ticket.