Bundles

Are variations of strip trades whereby a trader or risk manager can place a series of calendar month contracts in one transaction. Packs can be bought or sold. They are quoted in quarter basis points from the previous settlement price. These transactions expedite credit market positions and swap hedges and adjustments. One can also trade bundles on...
Found on http://www.oasismanagement.com/glossary/

Bundles

Are variations of strip trades whereby a trader or risk manager can place a series of calendar month contracts in one transaction. Packs can be bought or sold. They are quoted in quarter basis points from the previous settlement price. These transactions expedite credit market positions and swap hedges and adjustments. One can also trade bundles on...
Found on http://www.oasismanagement.com/glossary/
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