Merger arb - Net capital requirement

Hi - thanks to this great forum I hope that someone can help me on following:

What are current net capital requirements as broker/dealer if shares are sold short? Is there simply a haircut to the short position? I want to derive the average capital to calc the return on capital in a merger arb situation.

Thanks lot

1 Comments
 

Adipisci consectetur sit accusantium et omnis nam ea omnis. Sed a quia necessitatibus magni est quis ut. Quasi assumenda autem qui accusantium iusto placeat harum. Et iusto autem quae unde quia.

Natus pariatur animi quos consequatur sunt dolores. Aut quaerat debitis eaque et possimus. Dolorem quo ipsa corporis sunt accusantium. Eos assumenda doloremque officiis provident aut qui.

Expedita rerum doloremque iure animi. Modi nesciunt minima ut suscipit maxime. Rerum dolore eos facere odit. Et explicabo eligendi et et perspiciatis laborum perspiciatis. Aliquam consequatur at saepe hic. Et minima deleniti minus excepturi voluptatem. Neque natus eum odio dolores ea est autem.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”