From Wikipedia, the free encyclopedia
Financial portfolio of several securities
In
finance, a basket is a weighted group (a
linear combination) of several
financial instruments. The purpose could be for example simultaneous buying or selling, for example during
program trading.
Certain specific specialized "baskets":
- A
stock market index is a basket for all the securities in a particular exchange.
- A
market basket is a basket for all the securities on a particular market.
- A combination of individual assets, used as an underlying of a
basket option.
See also