{"slug":"multi-agent-ai-trading-systems","qid":"liquidity_tiers","label":"Where the money trades: US dollar volume by liquidity rank tier, regular hours, June 30 2026","post_title":"Multi-Agent AI Trading Systems: What Is Real","post_url":"/blog/multi-agent-ai-trading-systems#q-liquidity_tiers","columns":["liquidity_tier","tickers","dollar_volume_bn","pct_of_dollar_volume"],"rows":[{"liquidity_tier":"top 10 names","tickers":10,"dollar_volume_bn":205.04,"pct_of_dollar_volume":22.5},{"liquidity_tier":"ranks 11 to 50","tickers":40,"dollar_volume_bn":186.44,"pct_of_dollar_volume":20.5},{"liquidity_tier":"ranks 51 to 200","tickers":150,"dollar_volume_bn":182.83,"pct_of_dollar_volume":20.1},{"liquidity_tier":"ranks 201 to 1000","tickers":800,"dollar_volume_bn":218.57,"pct_of_dollar_volume":24},{"liquidity_tier":"ranks beyond 1000","tickers":10966,"dollar_volume_bn":117.83,"pct_of_dollar_volume":12.9}],"shape":"ranking","sql":"WITH tv AS (\n    SELECT ticker,\n           sum(toFloat64(close) * toFloat64(volume)) AS dollar_volume\n    FROM global_markets.delayed_stocks_minute_aggs\n    WHERE toDate(toTimeZone(window_start, 'America/New_York')) = toDate('2026-06-30')\n      AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60\n           + toMinute(toTimeZone(window_start, 'America/New_York'))) BETWEEN 570 AND 959\n    GROUP BY ticker\n    HAVING sum(toFloat64(close) * toFloat64(volume)) > 0\n),\nranked AS (\n    SELECT ticker, dollar_volume,\n           row_number() OVER (ORDER BY dollar_volume DESC) AS rk\n    FROM tv\n)\nSELECT multiIf(rk <= 10, 'top 10 names',\n               rk <= 50, 'ranks 11 to 50',\n               rk <= 200, 'ranks 51 to 200',\n               rk <= 1000, 'ranks 201 to 1000',\n               'ranks beyond 1000') AS liquidity_tier,\n       count() AS tickers,\n       round(sum(dollar_volume) / 1e9, 2) AS dollar_volume_bn,\n       round(100 * sum(dollar_volume) / (SELECT sum(dollar_volume) FROM tv), 1) AS pct_of_dollar_volume\nFROM ranked\nGROUP BY liquidity_tier\nORDER BY min(rk)","computed_at":"2026-07-31T03:10:03.861298+00:00","elapsed":0.007442098}