Stock Baskets

Stock Baskets

A stock basket is a group of selected stocks divided by sector or certain criteria, that allow investors to buy or sell simultaneously. An investor or a trader can change the allocation of the portfolio easily by stock baskets. If you believe a sector will have a good performance in the coming period, you buy the stock basket, while if you are expecting a weak performance, you sell the stock basket.

Advantages of Stock Basket Trading:

• Hedging other investments
• Easier portfolio allocation
• Speculate on a sector not a single company

• Better control over investment
• Less volatile

Why Trade Stock Baskets with ICM?

ICM’s stock basket products combine shares across a pool of companies from a single sector into a single tradeable instrument, allowing clients to speculate on sectors as a whole instead of having to select a single company.

Current themes offered by ICM include Biotech, Cannabis, China Ecommerce, China Technology, ESports and Gaming, and top US-based Technology stocks (FAANG). These areas are well-positioned in the current global economic climate and have been steadily gaining popularity during the current global pandemic.

• Fast execution
• Efficient use of capital

• High leverage
• Long/short opportunities

• Trade from PC and mobile

ICM offers trading on:

The six thematic stock baskets and their respective constituents below:

• BIOTECH – AbbVie Inc, Amgen Inc, Gilead Sciences, Bristol-Myers Squibb Co and Vertex Pharmaceuticals Inc
• CANNABIS – Tilray Inc, GW Pharmaceuticals PLC, Canopy Growth Corp, Aurora Cannabis Inc, Innovative Industrial Properties and Cronos Group Inc
• CHINA ECOMMERCE – Alibaba, Trip.com, JD.com Inc., Pinduoduo Inc. and Tencent Music Entertainment Group

• CHINA TECHNOLOGY – Baidu, NetEase, Weibo, IQIYI and Bilibili
• ESPORTS AND GAMING – Advanced Micro Devices, Nvidia, Electronic Arts, Activision and Sony
• FAANG – Facebook Inc, Amazon.com Inc, Apple Inc, Netflix Inc and Alphabet Inc Class C (Google)

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