{"url":"https://etfiq.com/funds/dukx/trading/","section":"funds","title":"DUKX Bid-Ask Spread, Liquidity and NAV Premium | ETFIQ","description":"DUKX trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","as_of":"Sep 14, 2026","structured_data":[{"@type":"Dataset","@id":"https://etfiq.com/funds/dukx/trading/#data","name":"DUKX trading costs and liquidity","description":"DUKX trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/dukx/trading/","dateModified":"2026-09-14","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","variableMeasured":["30-day median bid-ask spread","Premium or discount to NAV","Capacity","Active authorized participants","IQ Liquidity Score","Cost to trade by order size"],"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/trading-score.json"}],"publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Who is the AP for DUKX?","acceptedAnswer":{"@type":"Answer","text":"DUKX\u2019s latest Form N-CEN, for the period ending Jun 30, 2026, lists 5 authorized participants (APs), and 1 created or redeemed shares. The only active AP was Virtu Americas LLC."}},{"@type":"Question","name":"Who is the LMM for DUKX?","acceptedAnswer":{"@type":"Answer","text":"DUKX is on none of the lead market maker (LMM) lists ETFIQ reads, from NYSE Arca, Cboe BZX and Nasdaq. Each list covers only that exchange\u2019s own program, so this does not mean it has no LMM."}}]},{"@type":"InvestmentFund","@id":"https://etfiq.com/funds/dukx#fund","name":"Ocean Park International ETF","alternateName":"DUKX","url":"https://etfiq.com/funds/dukx","identifier":[{"@type":"PropertyValue","propertyID":"tickerSymbol","value":"DUKX"}],"mainEntityOfPage":{"@id":"https://etfiq.com/funds/dukx#webpage"}},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"DUKX","item":"https://etfiq.com/funds/dukx"},{"@type":"ListItem","position":3,"name":"Trading","item":"https://etfiq.com/funds/dukx/trading/"}]},{"@type":"WebPage","name":"DUKX Bid-Ask Spread, Liquidity and NAV Premium","description":"DUKX trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/dukx/trading/","dateModified":"2026-09-14","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3653,"truncated":false,"content":"ETFIQ / DUKX / Trading \n \n As of Sep 14, 2026. Rebuilt every trading night.\n DUKX bid-ask spread and liquidity\n In the year to Jun 30, 2026, 1 of DUKX\u2019s 5 authorized participants created or redeemed shares.\n IQ Liquidity Score\n Not scored, 1 of 6 measured.\n A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built \n Flags: One dealer.\n Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity Not measured: 2.4% of its long weight could be measured; the largest part not measured is unresolved Price fidelity Not measured: no closing premium is held for this fund Primary market, 25.0 1 active dealer of 5; largest 100% of creations and redemptions, N-CEN to Jun 30, 2026 Bad-day behaviour Not measured: no daily closing premium is held for this fund Depth Not measured: needs trade and quote data (Phase 2) \n Capacity\n Not measured: 2.4% of its long weight could be measured; the largest part not measured is unresolved.\n Dealers\n 1 active of 5 authorized participants; the largest did 100% of creations and redemptions, in the year to Jun 30, 2026 (Form N-CEN filed Sep 14, 2026).\n The active authorized participants, largest first, by share of the dollars created and redeemed: Virtu Americas LLC (100.0%). 4 more were listed and created or redeemed nothing.\n How to trade DUKX\n When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund\u2019s own day once it has trade data. Where it trades\n In Q2 2026, 64% of DUKX\u2019s shares traded off exchange on the median day. Odd lots, under 100 shares, were 9.6% of its exchange volume.\n Coming with trade data\n Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction\u2019s share, each once ETFIQ has trade and quote data.\n Questions people ask\n Who is the AP for DUKX? DUKX\u2019s latest Form N-CEN, for the period ending Jun 30, 2026, lists 5 authorized participants (APs), and 1 created or redeemed shares. The only active AP was Virtu Americas LLC. Who is the LMM for DUKX? DUKX is on none of the lead market maker (LMM) lists ETFIQ reads, from NYSE Arca, Cboe BZX and Nasdaq. Each list covers only that exchange\u2019s own program, so this does not mean it has no LMM. Sources and dates\n Dealers: Form N-CEN, the year to Jun 30, 2026, accession 0000910472-26-014423.\n Where it trades: SEC MIDAS, Q2 2026, against the fund\u2019s daily volume from Tiingo.\n Where to next\n DUKX fund page ETF trading costs and liquidity Limit orders vs market orders for ETFs Why low volume does not mean illiquid How the IQ Liquidity Score is built Compare DUKX with another fund The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, DUKX trading: cost, capacity, premium and dealers, data as of Sep 14, 2026. https://etfiq.com/funds/dukx/trading/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, DUKX trading: cost, capacity, premium and dealers, data as of Sep 14, 2026. https://etfiq.com/funds/dukx/trading/ APA ETFIQ. (Sep 14, 2026). DUKX trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/dukx/trading/ Markdown [DUKX trading: cost, capacity, premium and dealers (ETFIQ, Sep 14, 2026)](https://etfiq.com/funds/dukx/trading/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, DUKX trading: cost, capacity, premium and dealers, data as of Sep 14, 2026. https://etfiq.com/funds/dukx/trading/"}