If an institutional Investor (e.g. a Mutual Fund company!) wants
to buy a bunch of stock, it is obvious that they CAN NOT simply log
on to an order entry system and enter a single Market or Limit order,
like a retail investor would. If they did, they would get horrible
order execution (huge slippage) and/or unfilled orders, respectively.
That is my theory based on my model of how the universe works :-)
Your job for this question is to put together a persuasive argument
either supporting or debunking my theory. You must include anecdotal
and hearsay evidence gathered from the Internet and other sources.
You must also include a brief profile (based on the evidence gathered)
of the typical employee in charge of entering trades for institutions
and typical rules and procedures they are bound to follow, if any.
Walking/Running Puppy - Advise needed
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