U.S. Equities Market Volume Summary

Notional Value Summary
Volume Summary

Matched Volume	Tape A	Tape B	Tape C	Market	Today	5 Day

NYSE (P,N,A,C,M)	422,924,243	666,983,307	503,978,719	1,593,886,269	17.27%	19.30%
NASDAQ (B,X,Q)	230,930,425	270,220,114	654,863,136	1,156,013,675	12.52%	15.25%
Cboe (Z,Y,K,J)	180,961,415	370,435,836	409,780,763	961,178,014	10.41%	9.62%
Investors Exchange (V)	100,620,703	106,981,062	107,625,831	315,227,596	3.42%	3.70%
Members Exchange (U)	29,122,058	82,391,272	107,808,507	219,321,837	2.38%	2.06%
MIAX Pearl (H)	10,195,055	43,596,325	34,300,665	88,092,045	0.95%	0.80%
24X National Exchange (G)	1,358,386	1,918,663	3,153,449	6,430,498	0.07%	0.07%
LTSE (L)	169,883	522,023	224,940	916,846	0.01%	0.02%
Matched Total	976,282,168	1,543,048,602	1,821,736,010	4,341,066,780	47.03%	50.83%

FINRA &TRF Volume
TRFs (DQ,DN,DB)	1,067,583,832	1,640,392,950	2,180,748,168	4,888,724,950	52.97%	49.17%
NASD & TRF Total	1,067,583,832	1,640,392,950	2,180,748,168	4,888,724,950	52.97%	49.17%

Total Consolidated Volume
Total	2,043,866,000	3,183,441,552	4,002,484,178	9,229,791,730	100%	100%

Data as of 12:24 26/01/2026.
All share and notional values delayed at least 20 minutes.

If using this data in a published report, please cite Cboe Global Markets as the source.

This data display automatically refreshes every minute during trading hours.

"Notional Value", which is also referred to as "Dollar Value Traded", is calculated by multiplying the execution price of each transaction by the total number of shares executed in each transaction. This method of calculating market share, as opposed to simply using the total number of shares that traded hands, can be a better representation of the actual "size" of a market. The larger the Notional Value traded, the more risk that actually changed hands. By way of example, 100 shares of stock ABC at $362 per share is a much larger transaction than 100 shares of stock XYZ at $2.20 a share. Other assets classes, such as futures and options, and most other equity markets outside of the U.S., historically have used Notional Value as an index into how much activity takes place on those markets. Cboe is the first to offer a real-time view, market-wide, into Notional Value traded in the U.S. cash equity markets.