The Event-Driven team provides multi-product coverage and focus on event-driven scenarios and provides insight into risk arbitrage involving mergers and acquisitions, special situations, spin-offs, stub trades and share class trades. The team is a central point for merger arbitrage stocks, trading equity for hedge funds and traditional fund managers. They offer superior spread trading expertise, and capability, and market-making in new equity issues post-reorganisation. We can trade across the capital structure, including equities, equity options, bank debt, straight bonds, convertibles, preferred and credit default swaps. Our sales traders provide access to pre- and post-trading hour markets and timely information on event-driven news, and can gauge the sentiment of arbitrage investors.

Barclays Capital has a distinctive risk arbitrage research team. Our analysts have active dialogue with buy-side analysts and arbitrage funds; conduct extensive analysis of mergers, Dutch tenders, and exchange offers; and produce widely-read quarterly reviews, thematic reports, and weekly monitors for our clients. Dedicated desk-based analysts provide real-time intelligence and in-depth analysis on event-driven situations, generate trading ideas across event-driven space, collaborate with client side experts such as portfolio managers and analysts, and publish the highly regarded Closing Date Monitor.