Nowadays, a lot of volume in a lot of developed markets are not really the individual retail investors (散戶) but rather from the institutional investors.
I chanced upon the following from cmoney.tw and decided to record/share it here:
所謂三大法人其實就是『外資』、『投信』、『自營商』。
- 「外資」：泛指台灣以外的資金的外國機構投資者。
- 「投信」：投資信託股份有限公司的簡稱，
- 「自營商」：經過政府認可的證券公司，用自己的錢和證交所直接買賣。
very soon, it is will be more like this.
I have my own personal thoughts on who are the biggest stakeholders in business equity in the world. If the mood takes, I will share again.
