A Basket Order is a functionality that enables traders to execute multiple orders at once across various contracts within a single security, all with a single click.

Rather than placing each order separately, users can combine several buy and/or sell orders into one “basket” and submit them simultaneously. This feature is especially beneficial for quickly and efficiently carrying out complex trading strategies.

Each order within the basket is treated as a separate order by the exchange and is executed sequentially, based on market availability and priority.

Basket Orders help save time, reduce manual effort, and minimize the risk of price slippage that can occur when entering multiple orders one by one.