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)	1,745,129,847	1,108,764,885	1,077,654,446	3,931,549,178	21.12%	20.14%
NASDAQ (B,X,Q)	581,847,131	470,353,464	1,806,231,080	2,858,431,675	15.35%	15.18%
Cboe (Z,Y,K,J)	437,628,773	603,817,788	783,738,975	1,825,185,536	9.80%	9.67%
Investors Exchange (V)	261,529,486	194,547,984	262,191,395	718,268,865	3.86%	4.02%
Members Exchange (U)	70,722,327	128,995,655	204,701,675	404,419,657	2.17%	2.24%
MIAX Pearl (H)	21,747,753	82,925,777	71,179,155	175,852,685	0.94%	0.85%
24X National Exchange (G)	487,193	875,439	2,008,425	3,371,057	0.02%	0.02%
LTSE (L)	473,914	1,110,936	1,350,173	2,935,023	0.02%	0.02%
Matched Total	3,119,566,424	2,591,391,928	4,209,055,324	9,920,013,676	53.28%	52.14%

FINRA &TRF Volume
TRFs (DQ,DN,DB)	2,382,434,003	2,302,773,009	4,013,270,577	8,698,477,589	46.72%	47.86%
NASD & TRF Total	2,382,434,003	2,302,773,009	4,013,270,577	8,698,477,589	46.72%	47.86%

Total Consolidated Volume
Total	5,502,000,427	4,894,164,937	8,222,325,901	18,618,491,265	100%	100%

Data as of 23:59 20/02/2026.

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.