If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

ArbTrader

Take advantage of Trader Workstation's Merger Arbitrage tool,
which lets you trade stocks when a merger or acquisition offer is announced.

TWS Merger Arbitrage
TWS Merger Arbitrage supports the following types of mergers and acquisitions:
  • A cash merger, where an acquirer proposes to purchase the shares of the target for a certain price in cash.
  • A stock-for-stock merger, where the acquirer proposes to buy the target by exchanging its own stock for the stock of the target.
TWS Merger Arbitrage offers traders the following benefits:
  • Quickly and easily create a combination order for an anticipated merger between two companies from a single window.
  • Create the order on a Quote Monitor, or manage the order in a more sophisticated TWS trading tool, such as Accumulate/Distribute or ScaleTrader.
  • Scale the market data to display the price of the combination per share of the company being acquired.