However, when institutions buy and sell huge blocks after the record date, they may choose whether the voting rights are part of the transaction.
Many institutions and individuals are buying even more specialized index funds.
"Many institutions will not buy a stock at less than $10 a share," he noted.
In such cases, big institutions will sell the contracts and buy the stocks.
Traders said large institutions were buying and selling in only moderate volume.
Stocks made their biggest gain in weeks, as institutions and foreigners bought heavily.
"Topping the good news are reports that the Japanese institutions will be back buying the new long bonds next month."
But the institution thought that wasn't enough and bought 1,000 prints spanning his entire career.
Only institutions, under increasing restrictions, can buy many important editions.
Individuals and institutions must now buy gold in private markets, just like other commodities.