Institutional traders are professional traders who manage large portfolios and execute large orders on behalf of institutional investors, such as:

1. _Pension funds_

2. _Hedge funds_

3. _Mutual funds_

4. _Insurance companies_

5. _Banks_

6. _Asset management firms_

7. _Sovereign wealth funds_

Institutional traders typically:

1. _Manage large sums of money_ (millions or billions of dollars)

2. _Execute large trades_ (thousands of shares or more)

3. _Trade frequently_ (multiple times a day)

4. _Use advanced trading strategies_ (algorithmic trading, high-frequency trading)

5. _Monitor markets closely_ (real-time data, news, and analysis)

6. _Have access to advanced trading tools_ (sophisticated software, high-speed connections)

7. _Work in teams_ (trading desks, research teams)

Institutional traders play a significant role in markets, influencing prices and liquidity. They often have a deep understanding of markets, economics, and trading strategies, and use their expertise to generate returns for their investors.