Which of the following is considered an institutional investor on the

QUESTION

Which of the following is considered an institutional investor on the securities market?

A) Goldman Sachs
B) Charles Schwab
C) E-Trade
D) Liberty Mutual Insurance
E) U.S. Treasury

ANSWER

Answer: D
Explanation: D) Institutional investors are large and powerful organizations, such as pension funds and insurance companies, that invest their own or others’ money. Investment banks market securities to institutional investors.