Basket Order

Business, Legal & Accounting Glossary

Definition: Basket Order


Basket Order


Full Definition of Basket Order


One order that issues instructions for the simultaneous purchase or sale of multiple securities. Professional investors often use basket orders for arbitrage and program trading, but some retail brokers offer basket order processing to retail customers through a direct access trading platform.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/basket-order/
Modern Language Association (MLA):
Basket Order. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/basket-order/.
Chicago Manual of Style (CMS):
Basket Order. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/basket-order/ (accessed: December 07, 2021).
American Psychological Association (APA):
Basket Order. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/basket-order/

Definition Sources


Definitions for Basket Order are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.