Eon Labs Ltd. manages institutional client funds which is a lot larger in AUM than the company’s own proprietary funds. But institutional clients require that Eon Labs Ltd. be trading using its own intellectual properties.

Eon Labs Ltd. is, by and large, a prop firm but we are also managing institutional client funds, which are financial assets that belong to Ultra High Net-worth Individuals (UHNWI) and organizations such as pension plans, endowments, and foundations. These funds are often larger in terms of AUM compared to the company's own prop fund. However, institutional clients have specific requirements when it comes to how their funds are managed and invested. One of these requirements is that Eon Labs Ltd. uses its own intellectual properties, such as proprietary trading strategies and algorithms, to make investment decisions on behalf of the clients. This ensures that the clients' funds are being managed in a professional and technically manner, with the goal of achieving the best possible returns for them.

ATSR may become eligible to trade institutional client funds upon Graduation.

Reference

Ultra high-net-worth individual - Wikipedia