In the event that a company goes private, there will be one transactions.create event and one positions.updated event.
Transaction Created
- The transaction created event is going to be the exchange of cash for shares held in the company going private
{
"id": "event_21b70415-e1bf-4df6-9e2b-a420647c93fd",
"type": "transactions.created",
"timestamp": "2019-08-02T07:02:31.963891677Z",
"payload": {
"accountID": "0dd1b08f-3668-440a-be18-131443d85a47.1551208006668",
"accountNo": "DWUV000073",
"userID": "0dd1b08f-3668-440a-be18-131443d85a47",
"transaction": {
"accountAmount": 872.6003454,
"accountBalance": 4488.8,
"comment": "Exchanged 2.07761987 shares of TSLA for cash (merger/acquisition)",
"finTranID": "GH.356c7d5e-8671-42ed-8387-762960dc032e",
"wlpFinTranTypeID": "b9d3f58c-da1a-47de-af78-fe59401f396b",
"finTranTypeID": "MERGER_ACQUISITION",
"feeSec": 0,
"feeTaf": 0,
"feeBase": 0,
"feeXtraShares": 0,
"feeExchange": 0,
"positionDelta": -2.07761987,
"instrument": {
"id": "5b85fabb-d57c-44e6-a7f6-a3efc760226c",
"symbol": "TSLA",
"name": "Tesla Motors, Inc."
},
"mergerAcquisition": {
"type": "EXCHANGE_STOCK_CASH",
"acquirer": {
"id": "5b85fabb-d57c-44e6-a7f6-a3efc760226c",
"symbol": "TSLA",
"name": "Tesla Motors, Inc."
},
"acquiree": {
"id": "5b85fabb-d57c-44e6-a7f6-a3efc760226c",
"symbol": "TSLA",
"name": "Tesla Motors, Inc."
}
}
}
}
}
Position Updated
- The position update event will be made for the removal of shares that were previously held in the security
{
"id": "event_5d5a4a88-fc05-4d53-b0bf-27801ef028c9",
"type": "positions.updated",
"timestamp": "2019-08-02T07:02:31.949597191Z",
"payload": {
"accountID": "0dd1b08f-3668-440a-be18-131443d85a47.1551208006668",
"accountNo": "DWUV000073",
"userID": "0dd1b08f-3668-440a-be18-131443d85a47",
"updateReason": "MERGER_AND_ACQUISITION",
"previous": {
"costBasis": 500,
"openQty": 2.07761987,
"symbol": "TSLA",
"avgPrice": 240.66
},
"current": {
"costBasis": 0,
"openQty": 0,
"symbol": "TSLA"
}
}
}