# Pundion: ETF Lead Market Maker (LMM)

> Pundion is the lead market maker (LMM) for 16 US ETFs, per NYSE Arca, as of Oct 23, 2026. Credited to each exchange.

Data as of Oct 23, 2026. Rebuilt every trading night.

As of Oct 23, 2026 . From each listing exchange’s own list.

## Pundion

Pundion is the lead market maker (LMM) for 16 US ETFs: 16 on NYSE Arca. Lead market maker per NYSE Arca, as of Oct 23, 2026.

| Ticker | Fund | Category | Exchange | Credit |
| --- | --- | --- | --- | --- |
| CANE | Teucrium Sugar Fund ETV | Commodities | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DIG | ProShares Ultra Energy | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DOG | ProShares Short Dow30 | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DUG | ProShares UltraShort Energy | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EUM | ProShares Short MSCI Emerging Markets | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EUO | ProShares UltraShort Euro | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FXP | ProShares UltraShort FTSE China 50 | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PSQ | ProShares Short QQQ | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| QLD | ProShares Ultra QQQ | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SDOW | ProShares UltraPro Short Dow30 | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TBF | ProShares Short 20+ Year Treasury | Leverage | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VDE | Vanguard Energy ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VGT | Vanguard Information Tech ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VO | Vanguard Morningstar Mid-Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VOE | Vanguard Morningstar Mid-Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VXF | Vanguard Extended Market ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |

### Questions people ask

Is Pundion a lead market maker (LMM)? Yes. Pundion is the lead market maker (LMM) for 16 US ETFs on the lists NYSE Arca publish. Lead market maker per NYSE Arca, 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). 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.

### Where to next

### Where these figures came from

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. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Pundion as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/pundion/
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/trading/lead-market-makers/pundion/