Basket Order

A basket order is a trading order which lets investors buy or sell entire sets or “baskets” of securities using a single order.

Baskets can be made up of many different stocks or other securities. Brokers may offer basket orders based on pre-defined baskets, or they may allow investors to create their own baskets ahead of placing orders.

Depending on the broker, it may be possible to sell the securities purchased using a basket order individually.

More on this topic:
Online Trading Comparison
Trading Order Types Explained

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 80 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.