Tycoon is a stock market trading game. Players move around the board, buy and sell stocks and bonds, and check rising and falling prices of held stocks. Originally self-published in 1962, Parker Brothers bought the rights and republished it in 1966. It was later self-published again as Arbitrage. A description of Arbitrage: Arbitrage (HC Jacoby Inc) is a stock market and corporate manipulation board game. The board is a Monopoly type with the movement track around the edge, with the middle taken up mostly by price tracks for the 6 corporations in the game. Each corporation has 3 spaces in a row on the outside track that counts as its home. Then there are a few other spaces that allow specific actions like buying/selling mutual funds, draw a random event, or draw a stock manipulation card. Stocks are bought by landing on one of the 3 spaces of a corporation's home, or by landing on a mutual fund space. If you own 3 stocks of a corporation, you become its president and can either pay out dividends to stockholders, or you can merge corporations, thus increasing stock prices. Other things that can happen are 'takeovers' - forcing a resident to sell you his shares, or 'options' - a chance to buy shares from the bank (or another player for 1/2 price). Trading of shares between players at any time is also encouraged. The game ends after a set amount of time, or when a player goes bankrupt. Movement around the board is accomplished with 3 dice (2 regular d6, and 1 special die which has symbols on it to move stock prices either up or down). A player's turn consists of rolling the three dice, moving his marker to the new space, manipulating a stock price up or down by the die roll, then performing the action on the space where you landed (if any).

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