{"url":"https://etfiq.com/funds/geq/trading/","section":"funds","title":"GEQ Bid-Ask Spread, Liquidity and NAV Premium | ETFIQ","description":"GEQ trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","as_of":"Nov 11, 2026","structured_data":[{"@type":"Dataset","@id":"https://etfiq.com/funds/geq/trading/#data","name":"GEQ trading costs and liquidity","description":"GEQ 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/geq/trading/","dateModified":"2026-11-11","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 LMM for GEQ?","acceptedAnswer":{"@type":"Answer","text":"GEQ\u2019s lead market maker (LMM) on Nasdaq is GTS Securities LLC. Lead market maker per Nasdaq, as of Nov 9, 2026."}}]},{"@type":"InvestmentFund","@id":"https://etfiq.com/funds/geq#fund","name":"Cambria Global EW 2 ETF","alternateName":"GEQ","url":"https://etfiq.com/funds/geq","identifier":[{"@type":"PropertyValue","propertyID":"tickerSymbol","value":"GEQ"}],"mainEntityOfPage":{"@id":"https://etfiq.com/funds/geq#webpage"}},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"GEQ","item":"https://etfiq.com/funds/geq"},{"@type":"ListItem","position":3,"name":"Trading","item":"https://etfiq.com/funds/geq/trading/"}]},{"@type":"WebPage","name":"GEQ Bid-Ask Spread, Liquidity and NAV Premium","description":"GEQ 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/geq/trading/","dateModified":"2026-11-11","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3156,"truncated":false,"content":"ETFIQ / GEQ / Trading \n \n As of Nov 11, 2026. Rebuilt every trading night.\n GEQ bid-ask spread and liquidity\n As of Nov 11, 2026, GEQ\u2019s holdings can absorb at most up to $4,141 a day.\n IQ Liquidity Score\n Not scored, 0 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 Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity Holdings can absorb up to $4,141 a day; part of the book has no volume data Price fidelity Not measured: no closing premium is held for this fund Primary market Not measured: it first traded on 2026-06-09, and no N-CEN ETF row for series S000101670 is in the quarters read (2024q4 to 2026q3) 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 Its holdings can absorb up to $4,141 a day, measured on its own holdings, as of Nov 11, 2026. The holding that sets the limit is CaixaBank SA (CIXPF), 0.10% of the fund.\n How to trade GEQ\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. Size Part of its book has no volume data, so the room for a large order is an upper bound. Where it trades\n In Q2 2026, 64% of GEQ\u2019s shares traded off exchange on the median day. Odd lots, under 100 shares, were 0.4% 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 LMM for GEQ? GEQ\u2019s lead market maker (LMM) on Nasdaq is GTS Securities LLC. Lead market maker per Nasdaq, as of Nov 9, 2026. Sources and dates\n Capacity: ETFIQ, from each holding\u2019s 20-day median dollar volume, to Nov 11, 2026.\n Where it trades: SEC MIDAS, Q2 2026, against the fund\u2019s daily volume from Tiingo.\n Where to next\n GEQ 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 GEQ 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, GEQ trading: cost, capacity, premium and dealers, data as of Nov 11, 2026. https://etfiq.com/funds/geq/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, GEQ trading: cost, capacity, premium and dealers, data as of Nov 11, 2026. https://etfiq.com/funds/geq/trading/ APA ETFIQ. (Nov 11, 2026). GEQ trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/geq/trading/ Markdown [GEQ trading: cost, capacity, premium and dealers (ETFIQ, Nov 11, 2026)](https://etfiq.com/funds/geq/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, GEQ trading: cost, capacity, premium and dealers, data as of Nov 11, 2026. https://etfiq.com/funds/geq/trading/"}