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)	1,172,632,619	283,447,915	440,039,881	1,896,120,415	19.24%	20.74%
NASDAQ (B,X,Q)	610,722,074	151,844,916	861,811,884	1,624,378,874	16.48%	17.15%
Cboe (Z,Y,K,J)	658,702,314	207,175,469	530,904,874	1,396,782,657	14.17%	14.29%
Members Exchange (U)	156,222,787	39,619,781	100,367,626	296,210,194	3.00%	3.04%
Investors Exchange (V)	128,537,742	17,484,907	76,554,625	222,577,274	2.26%	2.24%
MIAX Pearl (H)	14,165,445	8,451,971	10,979,075	33,596,491	0.34%	0.38%
LTSE (L)	4,411	3	8,102	12,516	0.00%	0.00%
Matched Total	2,740,987,392	708,024,962	2,020,666,067	5,469,678,421	55.49%	57.84%

FINRA &TRF Volume
TRFs (DQ,DN,DB)	1,799,083,212	612,249,137	1,976,587,598	4,387,919,947	44.51%	42.16%
NASD & TRF Total	1,799,083,212	612,249,137	1,976,587,598	4,387,919,947	44.51%	42.16%

Total Consolidated Volume
Total	4,540,070,604	1,320,274,099	3,997,253,665	9,857,598,368	100%	100%

Data as of 23:59 23/07/2021.

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.