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 Glossary   >   B   >   "Basket" Definition   

        Basket

A contract or other instrument for the purchase or sale of equity market securities, which comprise a pre-defined group of securities.

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.

Basket


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Basket - A contract or other instrument for the purchase or sale of equity market securities, which comprise a pre-defined group of securities.

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.


Basket : a contract or other instrument for the purchase or sale of equity market securities, which comprise a pre-defined group of securities.

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.