Basket Trade
A single order to buy or sell a set of 15 or more securities.
Investopedia Commentary
Basket trades are used by institutional investors or program traders to invest large amounts of money into a particular portfolio or index.
Related Links
Brokers and Online Trading
Institutional Investors And Fundamentals: What's The Link?
Index Investing Tutorial
See also: Index Fund, Institutional Investor, Mutual Fund, Portfolio, Program Trading