Also known as market makers and specialists, institutional day traders are responsible for maintaining inventories of securities and making sure the market for these securities are in order. These traders are usually part of a broker firm or bank and buy and sell stock on a regular and continual basis in order to maintain the liquidity and efficiency of listed stocks [4]. Institutional day traders generally have better resources from the financial institution they work at, giving them an advantage over retail day traders. Making up roughly a third of today’s trading volume, most retail day traders work by themselves or in small groups and pay small fees to use an electronic communications network to trade [4].