Institutional Trading 2025 Why does institutional block buy orders result in a much larger upward effect than the downward effect caused by otherwise comparable institutional sell orders? Question 9Select one: a. Mutual funds are reluctant to buy, so that they focus their research efforts on shares that they might buy and might serve as good diversification mechanisms. b. Liquidity needs drive many sales c. Most institutions have a much smaller pool of stocks from which to buy than to sell d. Mutual funds can borrow to invest, so that they have to be particularly selective in their purchases