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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 ?
Potential licensees interested in obtaining more information about the Pratt Laundry Basket and discussing licensing opportunities with respect to the product can contact the Manufacturer Response Department of Innovation Direct[TM] at (877) 991-0909 ext.
The fire started accidentally after a halogen lamp caught fire to a laundry basket in the attic room of the house in Windsor Terrace, Abernant, at about 3.30am.
Two in five owners use their cars like a laundry basket, leaving anything from spare jumpers to dirty boots on the back seat.
It includes an ironing board cover, peg bag and laundry basket cover and prices start from pounds 7.
The resulting mess stank like Keith Miller's laundry basket. Watching it could have set human evolution back by decades.
For example, a laundry basket for $19.99 is called "posh wash." Other items include "smoothie operator," a Phillips blender for $59.99; and "light subject," a Michael Graves-designed lamp for $39.99.
Marled Indigo cotton woven rug, PS38, Drybrush blue woven cotton rug from varying sizes, PS51, Above: Chocs bean bag in cream, PS245, Right: Zone Denmark hide felt laundry basket in cool grey, PS62.95, black-bydesign.
Personalized mug - I'm Not Lazy, pink, PS9.99, Getting Personal No matter what's brewing, everything taste nicer in your own message mug ( Duvet & pillow complete bedding set, single, PS19.99, Julian Charles We all need duvet days and this practical set is ideal for autumn months with a 10.5 tog duvet ( Ferm Living laundry basket colour block, PS59, Amara No one wants air their dirty washing in public this generously sized basket with carry handles will comfortably your weekly wash ( Dinosaur memo holder, PS12, Natural History Museum Shop As well as holding memos, he's got space for a few pens and pencils to boot
When I'm out in my kayak, I simply fill a laundry basket with handfuls of algae, and then take the harvest home to put on my garden.
I love the grey kubu oval laundry basket, which would make a robust and attractive feature in any room and also provide useful storage.
r a e In his first spell at Chelsea, Mourinho was accused of evading a dressing-room ban by sneaking into a European game in a laundry basket.