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Share of Apple volume printed off exchange, by month

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-11, from Who Are the Biggest Market Makers?.

as of series 12×2read in context →
Share of Apple volume printed off exchange, by month — 12 rows by 2 columns, computed from US exchange, SIP and OPRA data.
monthoff_exchange_pct
2025-0836.2
2025-0932.9
2025-1027.9
2025-1127.3
2025-1227.4
2026-0124.2
2026-0228.3
2026-0319.1
2026-0430.4
2026-0530.2
2026-0623.7
2026-0726.9
Rows × columns
12 × 2
Period covered
to
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for Share of Apple volume printed off exchange, by month, derived from the stored result.
ColumnTypeRangeNotes
month date 2025-08 to 2026-07
off_exchange_pct number 19.1 to 36.2 percent

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

the exact SQL behind every number
WITH
    off_exchange AS
    (
        SELECT
            toStartOfMonth(d) AS m,
            sum(daily_shares) AS off_exchange_shares
        FROM
        (
            SELECT
                date              AS d,
                max(total_volume) AS daily_shares
            FROM global_markets.stocks_short_volume
            WHERE ticker = 'AAPL'
              AND date >= '2025-08-01'
              AND date <  '2026-08-01'
            GROUP BY date
        )
        GROUP BY m
    ),
    consolidated AS
    (
        SELECT
            toStartOfMonth(date) AS m,
            sum(volume)          AS total_shares
        FROM global_markets.stocks_daily_aggs
        WHERE ticker = 'AAPL'
          AND date >= '2025-08-01'
          AND date <  '2026-08-01'
        GROUP BY m
    )
SELECT
    formatDateTime(o.m, '%Y-%m')                                                 AS month,
    round(100 * toFloat64(o.off_exchange_shares) / toFloat64(c.total_shares), 1) AS off_exchange_pct
FROM off_exchange AS o
INNER JOIN consolidated AS c ON c.m = o.m
ORDER BY month

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