| Strategy |
Description |
| Spread Pairs |
Pairs trade executed when the price difference between two stocks hits a specified trigger level |
| Ratio Pairs |
Pairs trade executed when the price ratio between two stocks hits a specified trigger level |
| Stock-Warrant |
Pairs trade executed when the price difference between the stock and the underlying warrant hits a specified trigger level |
| Stock-Convertible Debenture |
Pairs trade executed when the price difference between the stock and the underlying convertible debenture hits a specified trigger level |
| Risk Arbitrage |
Pairs trade executed when the relationship between two stocks involved in a merger proposal hits a specified level |
| Basket Arbitrage |
Multiple securities bought/sold against the sale/purchase of a second list of securities |