Trading · lead market maker (LMM)

DV Equities

DV Equities is the lead market maker (LMM) for 4 US ETFs: 1 on NYSE Arca, 3 on Nasdaq. Lead market maker per NYSE Arca and Nasdaq, as of Oct 23, 2026.

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DV Equities
Ticker	Fund	Category	Exchange	Credit
KAIT	KraneShares Asia AI Technology ETF	Themes	NYSE Arca	Lead market maker per NYSE Arca, as of Oct 23, 2026
AIPO	Defiance AI & Power Infrastructure ETF	Themes	Nasdaq	Lead market maker per Nasdaq, as of Oct 23, 2026
CNQQ	Rayliant-ChinaAMC Transformative China Tech ETF	International stocks	Nasdaq	Lead market maker per Nasdaq, as of Oct 23, 2026
TGRZ	China AI Tigers LLM ETF	Themes	Nasdaq	Lead market maker per Nasdaq, as of Oct 23, 2026

The ETFs DV Equities is the lead market maker for, by exchange. Lead market maker per NYSE Arca and Nasdaq, as of Oct 23, 2026.

Questions people ask

Is DV Equities a lead market maker (LMM)?

Yes. DV Equities is the lead market maker (LMM) for 4 US ETFs on the lists NYSE Arca and Nasdaq publish. Lead market maker per NYSE Arca and Nasdaq, as of Oct 23, 2026.

Method

Each row is one ETF on one listing exchange’s own list of the market makers it assigns: NYSE Arca’s list of its listed ETPs and their lead market makers, Cboe BZX’s LMM Securities list and Nasdaq’s ETF definitions, where the role is called Designated Liquidity Provider (a Market Quality Supporter is not counted).

The rest of the method

ETFIQ reads each list once a week as ETFIQ, credits it to its exchange beside every figure, and keeps only the ETFs it covers. A firm is joined to its authorized participant page only where its name is, letter for letter, a broker-dealer’s registered name on the SEC’s list and that registration is the AP firm’s. An exchange that refuses the read shows as not published, with the day.

How these figures are computed →Standards and sources →

Where to next

Every ETF lead market maker (LMM)→Every ETF authorized participant (AP)→What an AP and an LMM are→The open data file→

Where these figures came from

NYSE Arca: its list of lead market makers ↗Cboe BZX: its list of lead market makers ↗Nasdaq: its list of lead market makers ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A list of firms is not a rating or a recommendation.

Questions people ask

Is DV Equities a lead market maker (LMM)?

Yes. DV Equities is the lead market maker (LMM) for 4 US ETFs on the lists NYSE Arca and Nasdaq publish. Lead market maker per NYSE Arca and Nasdaq, as of Oct 23, 2026.

Cite this pageCitation, APA and Markdown

ETFIQ, DV Equities as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/dv-equities/

Open data →

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.