{"url":"https://etfiq.com/trading/lead-market-makers/wolverine-trading/","section":"trading","title":"Wolverine Trading: ETF Lead Market Maker (LMM) | ETFIQ","description":"Wolverine Trading, LLC is the lead market maker (LMM) for 162 US ETFs, per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Credited to each exchange.","as_of":"Oct 23, 2026","structured_data":[{"@type":"Corporation","name":"Wolverine Trading, LLC","url":"https://etfiq.com/trading/lead-market-makers/wolverine-trading/"},{"@type":"ItemList","name":"ETFs Wolverine Trading, LLC is the lead market maker for","numberOfItems":162,"itemListOrder":"https://schema.org/ItemListUnordered","itemListElement":[{"@type":"ListItem","name":"AAPY","url":"https://etfiq.com/funds/aapy"},{"@type":"ListItem","name":"ACIO","url":"https://etfiq.com/funds/acio"},{"@type":"ListItem","name":"ADME","url":"https://etfiq.com/funds/adme"},{"@type":"ListItem","name":"AMZP","url":"https://etfiq.com/funds/amzp"},{"@type":"ListItem","name":"AOCT","url":"https://etfiq.com/funds/aoct"},{"@type":"ListItem","name":"APRH","url":"https://etfiq.com/funds/aprh"},{"@type":"ListItem","name":"APRJ","url":"https://etfiq.com/funds/aprj"},{"@type":"ListItem","name":"APRZ","url":"https://etfiq.com/funds/aprz"},{"@type":"ListItem","name":"ATTR","url":"https://etfiq.com/funds/attr"},{"@type":"ListItem","name":"AUGZ","url":"https://etfiq.com/funds/augz"},{"@type":"ListItem","name":"BAUG","url":"https://etfiq.com/funds/baug"},{"@type":"ListItem","name":"BDEC","url":"https://etfiq.com/funds/bdec"},{"@type":"ListItem","name":"BFEB","url":"https://etfiq.com/funds/bfeb"},{"@type":"ListItem","name":"BJAN","url":"https://etfiq.com/funds/bjan"},{"@type":"ListItem","name":"BMAY","url":"https://etfiq.com/funds/bmay"},{"@type":"ListItem","name":"BOCT","url":"https://etfiq.com/funds/boct"},{"@type":"ListItem","name":"BOXX","url":"https://etfiq.com/funds/boxx"},{"@type":"ListItem","name":"CAOS","url":"https://etfiq.com/funds/caos"},{"@type":"ListItem","name":"DDFF","url":"https://etfiq.com/funds/ddff"},{"@type":"ListItem","name":"DDFJ","url":"https://etfiq.com/funds/ddfj"},{"@type":"ListItem","name":"DDFM","url":"https://etfiq.com/funds/ddfm"},{"@type":"ListItem","name":"DDFZ","url":"https://etfiq.com/funds/ddfz"},{"@type":"ListItem","name":"DDTD","url":"https://etfiq.com/funds/ddtd"},{"@type":"ListItem","name":"DDTF","url":"https://etfiq.com/funds/ddtf"},{"@type":"ListItem","name":"DDTJ","url":"https://etfiq.com/funds/ddtj"},{"@type":"ListItem","name":"DDTL","url":"https://etfiq.com/funds/ddtl"},{"@type":"ListItem","name":"DDTM","url":"https://etfiq.com/funds/ddtm"},{"@type":"ListItem","name":"DDTN","url":"https://etfiq.com/funds/ddtn"},{"@type":"ListItem","name":"DDTO","url":"https://etfiq.com/funds/ddto"},{"@type":"ListItem","name":"DDTS","url":"https://etfiq.com/funds/ddts"},{"@type":"ListItem","name":"DDTZ","url":"https://etfiq.com/funds/ddtz"},{"@type":"ListItem","name":"DECZ","url":"https://etfiq.com/funds/decz"},{"@type":"ListItem","name":"DFEB","url":"https://etfiq.com/funds/dfeb"},{"@type":"ListItem","name":"DJUL","url":"https://etfiq.com/funds/djul"},{"@type":"ListItem","name":"DMAY","url":"https://etfiq.com/funds/dmay"},{"@type":"ListItem","name":"DSEP","url":"https://etfiq.com/funds/dsep"},{"@type":"ListItem","name":"FEBZ","url":"https://etfiq.com/funds/febz"},{"@type":"ListItem","name":"FFEB","url":"https://etfiq.com/funds/ffeb"},{"@type":"ListItem","name":"FJUL","url":"https://etfiq.com/funds/fjul"},{"@type":"ListItem","name":"FLDZ","url":"https://etfiq.com/funds/fldz"},{"@type":"ListItem","name":"FMAY","url":"https://etfiq.com/funds/fmay"},{"@type":"ListItem","name":"FSEP","url":"https://etfiq.com/funds/fsep"},{"@type":"ListItem","name":"GAUG","url":"https://etfiq.com/funds/gaug"},{"@type":"ListItem","name":"GDEC","url":"https://etfiq.com/funds/gdec"},{"@type":"ListItem","name":"GOOP","url":"https://etfiq.com/funds/goop"},{"@type":"ListItem","name":"HBTC","url":"https://etfiq.com/funds/hbtc"},{"@type":"ListItem","name":"JANZ","url":"https://etfiq.com/funds/janz"},{"@type":"ListItem","name":"JULZ","url":"https://etfiq.com/funds/julz"},{"@type":"ListItem","name":"JUNZ","url":"https://etfiq.com/funds/junz"},{"@type":"ListItem","name":"KCOP","url":"https://etfiq.com/funds/kcop"},{"@type":"ListItem","name":"KEO","url":"https://etfiq.com/funds/keo"},{"@type":"ListItem","name":"KFEB","url":"https://etfiq.com/funds/kfeb"},{"@type":"ListItem","name":"KGLD","url":"https://etfiq.com/funds/kgld"},{"@type":"ListItem","name":"KHPI","url":"https://etfiq.com/funds/khpi"},{"@type":"ListItem","name":"KJAN","url":"https://etfiq.com/funds/kjan"},{"@type":"ListItem","name":"KMAR","url":"https://etfiq.com/funds/kmar"},{"@type":"ListItem","name":"KMAY","url":"https://etfiq.com/funds/kmay"},{"@type":"ListItem","name":"KNG","url":"https://etfiq.com/funds/kng"},{"@type":"ListItem","name":"KSLV","url":"https://etfiq.com/funds/kslv"},{"@type":"ListItem","name":"KYLD","url":"https://etfiq.com/funds/kyld"},{"@type":"ListItem","name":"LJAN","url":"https://etfiq.com/funds/ljan"},{"@type":"ListItem","name":"LJUL","url":"https://etfiq.com/funds/ljul"},{"@type":"ListItem","name":"MARZ","url":"https://etfiq.com/funds/marz"},{"@type":"ListItem","name":"MAYZ","url":"https://etfiq.com/funds/mayz"},{"@type":"ListItem","name":"MSFY","url":"https://etfiq.com/funds/msfy"},{"@type":"ListItem","name":"NDEC","url":"https://etfiq.com/funds/ndec"},{"@type":"ListItem","name":"NFLP","url":"https://etfiq.com/funds/nflp"},{"@type":"ListItem","name":"NJAN","url":"https://etfiq.com/funds/njan"},{"@type":"ListItem","name":"NJUN","url":"https://etfiq.com/funds/njun"},{"@type":"ListItem","name":"NNOV","url":"https://etfiq.com/funds/nnov"},{"@type":"ListItem","name":"NOVZ","url":"https://etfiq.com/funds/novz"},{"@type":"ListItem","name":"NSEP","url":"https://etfiq.com/funds/nsep"},{"@type":"ListItem","name":"OCTH","url":"https://etfiq.com/funds/octh"},{"@type":"ListItem","name":"OCTJ","url":"https://etfiq.com/funds/octj"},{"@type":"ListItem","name":"OCTZ","url":"https://etfiq.com/funds/octz"},{"@type":"ListItem","name":"OVB","url":"https://etfiq.com/funds/ovb"},{"@type":"ListItem","name":"OVF","url":"https://etfiq.com/funds/ovf"},{"@type":"ListItem","name":"OVL","url":"https://etfiq.com/funds/ovl"},{"@type":"ListItem","name":"OVLH","url":"https://etfiq.com/funds/ovlh"},{"@type":"ListItem","name":"OVM","url":"https://etfiq.com/funds/ovm"},{"@type":"ListItem","name":"OVS","url":"https://etfiq.com/funds/ovs"},{"@type":"ListItem","name":"OVT","url":"https://etfiq.com/funds/ovt"},{"@type":"ListItem","name":"PAUG","url":"https://etfiq.com/funds/paug"},{"@type":"ListItem","name":"PDEC","url":"https://etfiq.com/funds/pdec"},{"@type":"ListItem","name":"PFEB","url":"https://etfiq.com/funds/pfeb"},{"@type":"ListItem","name":"PJAN","url":"https://etfiq.com/funds/pjan"},{"@type":"ListItem","name":"PMAP","url":"https://etfiq.com/funds/pmap"},{"@type":"ListItem","name":"PMAU","url":"https://etfiq.com/funds/pmau"},{"@type":"ListItem","name":"PMAY","url":"https://etfiq.com/funds/pmay"},{"@type":"ListItem","name":"PMDE","url":"https://etfiq.com/funds/pmde"},{"@type":"ListItem","name":"PMFB","url":"https://etfiq.com/funds/pmfb"},{"@type":"ListItem","name":"PMJA","url":"https://etfiq.com/funds/pmja"},{"@type":"ListItem","name":"PMJL","url":"https://etfiq.com/funds/pmjl"},{"@type":"ListItem","name":"PMJN","url":"https://etfiq.com/funds/pmjn"},{"@type":"ListItem","name":"PMMR","url":"https://etfiq.com/funds/pmmr"},{"@type":"ListItem","name":"PMMY","url":"https://etfiq.com/funds/pmmy"},{"@type":"ListItem","name":"PMNV","url":"https://etfiq.com/funds/pmnv"},{"@type":"ListItem","name":"PMOC","url":"https://etfiq.com/funds/pmoc"},{"@type":"ListItem","name":"PMSE","url":"https://etfiq.com/funds/pmse"},{"@type":"ListItem","name":"POCT","url":"https://etfiq.com/funds/poct"},{"@type":"ListItem","name":"PQV","url":"https://etfiq.com/funds/pqv"},{"@type":"ListItem","name":"PQX","url":"https://etfiq.com/funds/pqx"},{"@type":"ListItem","name":"PQXV","url":"https://etfiq.com/funds/pqxv"},{"@type":"ListItem","name":"PQXX","url":"https://etfiq.com/funds/pqxx"},{"@type":"ListItem","name":"PVEX","url":"https://etfiq.com/funds/pvex"},{"@type":"ListItem","name":"QBER","url":"https://etfiq.com/funds/qber"},{"@type":"ListItem","name":"QBUL","url":"https://etfiq.com/funds/qbul"},{"@type":"ListItem","name":"QDEC","url":"https://etfiq.com/funds/qdec"},{"@type":"ListItem","name":"QJUN","url":"https://etfiq.com/funds/qjun"},{"@type":"ListItem","name":"QSPT","url":"https://etfiq.com/funds/qspt"},{"@type":"ListItem","name":"RDVI","url":"https://etfiq.com/funds/rdvi"},{"@type":"ListItem","name":"SEPZ","url":"https://etfiq.com/funds/sepz"},{"@type":"ListItem","name":"TAPR","url":"https://etfiq.com/funds/tapr"},{"@type":"ListItem","name":"TJAN","url":"https://etfiq.com/funds/tjan"},{"@type":"ListItem","name":"TPAY","url":"https://etfiq.com/funds/tpay"},{"@type":"ListItem","name":"TSLP","url":"https://etfiq.com/funds/tslp"},{"@type":"ListItem","name":"UAUG","url":"https://etfiq.com/funds/uaug"},{"@type":"ListItem","name":"UDEC","url":"https://etfiq.com/funds/udec"},{"@type":"ListItem","name":"UFEB","url":"https://etfiq.com/funds/ufeb"},{"@type":"ListItem","name":"UJAN","url":"https://etfiq.com/funds/ujan"},{"@type":"ListItem","name":"UMAY","url":"https://etfiq.com/funds/umay"},{"@type":"ListItem","name":"UOCT","url":"https://etfiq.com/funds/uoct"},{"@type":"ListItem","name":"XBAP","url":"https://etfiq.com/funds/xbap"},{"@type":"ListItem","name":"XBJA","url":"https://etfiq.com/funds/xbja"},{"@type":"ListItem","name":"XBJL","url":"https://etfiq.com/funds/xbjl"},{"@type":"ListItem","name":"XBOC","url":"https://etfiq.com/funds/xboc"},{"@type":"ListItem","name":"XJUN","url":"https://etfiq.com/funds/xjun"},{"@type":"ListItem","name":"XMAR","url":"https://etfiq.com/funds/xmar"},{"@type":"ListItem","name":"XNOV","url":"https://etfiq.com/funds/xnov"},{"@type":"ListItem","name":"XSHP","url":"https://etfiq.com/funds/xshp"},{"@type":"ListItem","name":"ZJUL","url":"https://etfiq.com/funds/zjul"},{"@type":"ListItem","name":"ACEI","url":"https://etfiq.com/funds/acei"},{"@type":"ListItem","name":"AGGH","url":"https://etfiq.com/funds/aggh"},{"@type":"ListItem","name":"APLY","url":"https://etfiq.com/funds/aply"},{"@type":"ListItem","name":"BUCK","url":"https://etfiq.com/funds/buck"},{"@type":"ListItem","name":"CPSA","url":"https://etfiq.com/funds/cpsa"},{"@type":"ListItem","name":"CPSD","url":"https://etfiq.com/funds/cpsd"},{"@type":"ListItem","name":"CPSF","url":"https://etfiq.com/funds/cpsf"},{"@type":"ListItem","name":"CPSJ","url":"https://etfiq.com/funds/cpsj"},{"@type":"ListItem","name":"CPSM","url":"https://etfiq.com/funds/cpsm"},{"@type":"ListItem","name":"CPSN","url":"https://etfiq.com/funds/cpsn"},{"@type":"ListItem","name":"CPSO","url":"https://etfiq.com/funds/cpso"},{"@type":"ListItem","name":"CPSP","url":"https://etfiq.com/funds/cpsp"},{"@type":"ListItem","name":"CPSR","url":"https://etfiq.com/funds/cpsr"},{"@type":"ListItem","name":"CPST","url":"https://etfiq.com/funds/cpst"},{"@type":"ListItem","name":"CPSU","url":"https://etfiq.com/funds/cpsu"},{"@type":"ListItem","name":"CPSY","url":"https://etfiq.com/funds/cpsy"},{"@type":"ListItem","name":"HBTA","url":"https://etfiq.com/funds/hbta"},{"@type":"ListItem","name":"HEQT","url":"https://etfiq.com/funds/heqt"},{"@type":"ListItem","name":"HIGH","url":"https://etfiq.com/funds/high"},{"@type":"ListItem","name":"MHIG","url":"https://etfiq.com/funds/mhig"},{"@type":"ListItem","name":"MHIP","url":"https://etfiq.com/funds/mhip"},{"@type":"ListItem","name":"NVDY","url":"https://etfiq.com/funds/nvdy"},{"@type":"ListItem","name":"PYPY","url":"https://etfiq.com/funds/pypy"},{"@type":"ListItem","name":"RKSG","url":"https://etfiq.com/funds/rksg"},{"@type":"ListItem","name":"SEPI","url":"https://etfiq.com/funds/sepi"},{"@type":"ListItem","name":"SMOX","url":"https://etfiq.com/funds/smox"},{"@type":"ListItem","name":"SVOL","url":"https://etfiq.com/funds/svol"},{"@type":"ListItem","name":"WDTE","url":"https://etfiq.com/funds/wdte"},{"@type":"ListItem","name":"XPAY","url":"https://etfiq.com/funds/xpay"},{"@type":"ListItem","name":"KQQQ","url":"https://etfiq.com/funds/kqqq"},{"@type":"ListItem","name":"QBUF","url":"https://etfiq.com/funds/qbuf"}]},{"@type":"DefinedTerm","name":"lead market maker","alternateName":["LMM"],"description":"The market maker a listing exchange assigns to an ETF to keep a bid and an ask on the exchange through the trading day, under that exchange\u2019s quoting rules.","inDefinedTermSet":"https://etfiq.com/methodology/authorized-participants#glossary"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Is Wolverine Trading a lead market maker (LMM)?","acceptedAnswer":{"@type":"Answer","text":"Yes. Wolverine Trading, LLC is the lead market maker (LMM) for 162 US ETFs on the lists Cboe BZX, NYSE Arca and Nasdaq publish. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Lead market makers","item":"https://etfiq.com/trading/lead-market-makers/"},{"@type":"ListItem","position":3,"name":"Wolverine Trading","item":"https://etfiq.com/trading/lead-market-makers/wolverine-trading/"}]},{"@type":"WebPage","name":"Wolverine Trading: ETF Lead Market Maker (LMM)","description":"Wolverine Trading, LLC is the lead market maker (LMM) for 162 US ETFs, per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Credited to each exchange.","url":"https://etfiq.com/trading/lead-market-makers/wolverine-trading/","dateModified":"2026-09-23","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":21925,"truncated":false,"content":"ETFIQ / Lead market makers / Wolverine Trading \n \n As of Oct 23, 2026 . From each listing exchange\u2019s own list.\n Wolverine Trading, LLC\n Wolverine Trading, LLC is the lead market maker (LMM) for 162 US ETFs: 131 on Cboe BZX, 29 on NYSE Arca, 2 on Nasdaq. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026.\n The ETFs Wolverine Trading, LLC is the lead market maker for, by exchange. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Ticker Fund Category Exchange Credit \n AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n ACIO Aptus Collared Investment Opportunity ETF Alternatives Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n ADME Aptus Drawdown Managed Equity ETF U.S. stocks Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n AMZP Kurv Yield Premium Strategy Amazon (AMZN) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n AOCT Innovator Equity Defined Protection ETF - Oct 2028 Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n APRH Innovator Premium Income 20 Barrier ETF -- April Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n APRJ Innovator Premium Income 30 Barrier ETF - April Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n APRZ TrueShares Structured Outcome (April) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n ATTR Arin Tactical Tail Risk ETF Alternatives Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n AUGZ TrueShares Structured Outcome (August) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BAUG Innovator U.S. Equity Buffer ETF - Aug Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BDEC Innovator U.S. Equity Buffer ETF - Dec Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BFEB Innovator U.S. Equity Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BJAN Innovator U.S. Equity Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BMAY Innovator U.S. Equity Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BOCT Innovator U.S. Equity Buffer ETF - Oct Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n BOXX Alpha Architect 1-3 Month Box ETF Bonds Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n CAOS Alpha Architect Tail Risk ETF Alternatives Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDFF Innovator Equity Dual Directional 15 Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDFJ Innovator Equity Dual Directional 15 Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDFM Innovator Equity Dual Directional 15 Buffer ETF - Mar Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDFZ Innovator Equity Dual Directional 15 Buffer ETF - Jun Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTD Innovator Equity Dual Directional 10 Buffer ETF - Dec Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTF Innovator Equity Dual Directional 10 Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTJ Innovator Equity Dual Directional 10 Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTL Innovator Equity Dual Directional 10 Buffer ETF - Jul Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTM Innovator Equity Dual Directional 10 Buffer ETF - Mar Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTN Innovator Equity Dual Directional 10 Buffer ETF - Nov Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTO Innovator Equity Dual Directional 10 Buffer ETF - Oct Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTS Innovator Equity Dual Directional 10 Buffer ETF - Sep Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DDTZ Innovator Equity Dual Directional 10 Buffer ETF - Jun Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DECZ TrueShares Structured Outcome (December) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DFEB FT Vest U.S. Equity Deep Buffer ETF - February Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DJUL FT Vest U.S. Equity Deep Buffer ETF - July Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DMAY FT Vest U.S. Equity Deep Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n DSEP FT Vest U.S. Equity Deep Buffer ETF - September Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FEBZ TrueShares Structured Outcome (February) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FFEB FT Vest U.S. Equity Buffer ETF - February Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FJUL FT Vest U.S. Equity Buffer ETF - July Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FLDZ TrueShares Patriot Defense ETF U.S. stocks Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FMAY FT Vest U.S. Equity Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n FSEP FT Vest U.S. Equity Buffer ETF - September Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n GAUG FT Vest U.S. Equity Moderate Buffer ETF - August Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n GDEC FT Vest U.S. Equity Moderate Buffer ETF - December Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n GOOP Kurv Yield Premium Strategy Google (GOOGL) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n HBTC Fortuna Hedged Bitcoin ETF Crypto Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n JANZ TrueShares Structured Outcome (January) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n JULZ TrueShares Structured Outcome (July) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n JUNZ TrueShares Structured Outcome (June) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KCOP Kurv Copper & Mining Enhanced Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KEO Kurv Equity Option Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KFEB Innovator U.S. Small Cap Power Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KGLD Kurv Gold Enhanced Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KHPI Kensington Hedged Premium Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KJAN Innovator U.S. Small Cap Power Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KMAR Innovator U.S. Small Cap Power Buffer ETF - Mar Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KMAY Innovator U.S. Small Cap Power Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KSLV Kurv Silver Enhanced Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n KYLD Kurv High Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n LJAN Innovator Premium Income 15 Buffer ETF - January Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n LJUL Innovator Premium Income 15 Buffer ETF - July Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n MARZ TrueShares Structured Outcome (March) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n MAYZ TrueShares Structured Outcome (May) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n MSFY Kurv Yield Premium Strategy Microsoft (MSFT) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NDEC Innovator Growth-100 Power Buffer ETF - Dec Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NFLP Kurv Yield Premium Strategy Netflix (NFLX) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NJAN Innovator Growth-100 Power Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NJUN Innovator Growth-100 Power Buffer ETF - Jun Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NNOV Innovator Growth-100 Power Buffer ETF - Nov Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NOVZ TrueShares Structured Outcome (November) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n NSEP Innovator Growth-100 Power Buffer ETF - Sep Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OCTH Innovator Premium Income 20 Barrier ETF - October Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OCTJ Innovator Premium Income 30 Barrier ETF - October Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OCTZ TrueShares Structured Outcome (October) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVB Overlay Shares Core Bond ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVF Overlay Shares Foreign Equity ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVL Overlay Shares Large Cap Equity ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVLH Overlay Shares Hedged Large Cap Equity ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVM Overlay Shares Municipal Bond ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVS Overlay Shares Small Cap Equity ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n OVT Overlay Shares Short Term Bond ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PAUG Innovator U.S. Equity Power Buffer ETF - Aug Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PDEC Innovator U.S. Equity Power Buffer ETF - Dec Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PFEB Innovator U.S. Equity Power Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PJAN Innovator U.S. Equity Power Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMAP PGIM S&P 500 Max Buffer ETF - April Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMAU PGIM S&P 500 Max Buffer ETF - August Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMAY Innovator U.S. Equity Power Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMDE PGIM S&P 500 Max Buffer ETF - December Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMFB PGIM S&P 500 Max Buffer ETF - February Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMJA PGIM S&P 500 Max Buffer ETF - January Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMJL PGIM S&P 500 Max Buffer ETF - July Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMJN PGIM S&P 500 Max Buffer ETF - June Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMMR PGIM S&P 500 Max Buffer ETF - March Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMMY PGIM S&P 500 Max Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMNV PGIM S&P 500 Max Buffer ETF - November Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMOC PGIM S&P 500 Max Buffer ETF - October Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PMSE PGIM S&P 500 Max Buffer ETF - September Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n POCT Innovator U.S. Equity Power Buffer ETF - Oct Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PQV PGIM S&P 500 Quarterly Buffer 5 ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PQX PGIM S&P 500 Quarterly Buffer 10 ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PQXV PGIM S&P 500 Quarterly Buffer 15 ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PQXX PGIM S&P 500 Quarterly Buffer 20 ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n PVEX TrueShares ConVequity ETF Allocation Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n QBER TrueShares Quarterly Bear Hedge ETF Alternatives Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n QBUL TrueShares Quarterly Bull Hedge ETF Alternatives Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n QDEC FT Vest Nasdaq-100 Buffer ETF - December Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n QJUN FT Vest Nasdaq-100 Buffer ETF - June Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n QSPT FT Vest Nasdaq-100 Buffer ETF - September Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n RDVI FT Vest Rising Dividend Achievers Target Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n SEPZ TrueShares Structured Outcome (September) ETF Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n TAPR Innovator Equity Defined Protection ETF - Apr 2027 Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n TJAN Innovator Equity Defined Protection ETF - Jan 2027 Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n TSLP Kurv Yield Premium Strategy Tesla (TSLA) ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UAUG Innovator U.S. Equity Ultra Buffer ETF - Aug Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UDEC Innovator U.S. Equity Ultra Buffer ETF - Dec Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UFEB Innovator U.S. Equity Ultra Buffer ETF - Feb Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UJAN Innovator U.S. Equity Ultra Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UMAY Innovator U.S. Equity Ultra Buffer ETF - May Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n UOCT Innovator U.S. Equity Ultra Buffer ETF - Oct Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XBAP Innovator U.S. Equity Accelerated 9 Buffer ETF - Apr Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XBJA Innovator U.S. Equity Accelerated 9 Buffer ETF - Jan Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XBJL Innovator U.S. Equity Accelerated 9 Buffer ETF - Jul Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XBOC Innovator U.S. Equity Accelerated 9 Buffer ETF - Oct Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XJUN FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XMAR FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XNOV FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n XSHP Kurv SpaceX Enhanced Income ETF Income Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n ZJUL Innovator Equity Defined Protection ETF - 1 Yr July Buffer Cboe BZX Lead market maker per Cboe BZX, as of Oct 23, 2026 \n ACEI Innovator Equity Autocallable Income Strategy ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n AGGH Simplify Aggregate Bond ETF Bonds NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n APLY YieldMax AAPL Option Income Strategy ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n BUCK Simplify Treasury Option Income ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSA Calamos S&P 500 Structured Alt Protection ETF - August Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSD Calamos S&P 500 Structured Alt Protection ETF - December Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSF Calamos S&P 500 Structured Alt Protection ETF - February Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSJ Calamos S&P 500 Structured Alt Protection ETF - July Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSM Calamos S&P 500 Structured Alt Protection ETF - May Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSN Calamos S&P 500 Structured Alt Protection ETF - November Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSO Calamos S&P 500 Structured Alt Protection ETF - October Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSP Calamos S&P 500 Structured Alt Protection ETF - April Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSR Calamos S&P 500 Structured Alt Protection ETF - March Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPST Calamos S&P 500 Structured Alt Protection ETF - September Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSU Calamos S&P 500 Structured Alt Protection ETF - June Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n CPSY Calamos S&P 500 Structured Alt Protection ETF - January Buffer NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n HBTA HORIZON EXPEDITION PLUS ETF U.S. stocks NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n HEQT Simplify Hedged Equity ETF Alternatives NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n HIGH Simplify Enhanced Income ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n MHIG Milliman Healthcare Inflation Guard ETF Allocation NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n MHIP Milliman Healthcare Inflation Plus ETF Allocation NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n NVDY YieldMax NVDA Option Income Strategy ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n PYPY YieldMax PYPL Option Income Strategy ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n RKSG Ruk Strategic Growth ETF U.S. stocks NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n SEPI Shelton Equity Premium Income ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n SMOX HORIZON SMALL/MID CAP CORE EQUITY ETF U.S. stocks NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n SVOL Simplify Volatility Premium ETF Alternatives NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n WDTE Defiance S&P 500 Weekly Distribution ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF Income NYSE Arca Lead market maker per NYSE Arca, as of Oct 23, 2026 \n KQQQ Kurv Technology Titans Select ETF U.S. stocks Nasdaq Lead market maker per Nasdaq, as of Oct 23, 2026 \n QBUF Innovator Nasdaq-100 10 Buffer ETF - Quarterly Buffer Nasdaq Lead market maker per Nasdaq, as of Oct 23, 2026 \n \n Questions people ask\n Is Wolverine Trading a lead market maker (LMM)? Yes. Wolverine Trading, LLC is the lead market maker (LMM) for 162 US ETFs on the lists Cboe BZX, NYSE Arca and Nasdaq publish. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Method\n Each row is one ETF on one listing exchange\u2019s own list of the market makers it assigns: NYSE Arca\u2019s list of its listed ETPs and their lead market makers, Cboe BZX\u2019s LMM Securities list and Nasdaq\u2019s 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\u2019s registered name on the SEC\u2019s list and that registration is the AP firm\u2019s. An exchange that refuses the read shows as not published, with the day.\n Where to next\n 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\n 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.\n A list of firms is not a rating or a recommendation. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, Wolverine Trading, LLC as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/wolverine-trading/ Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Wolverine Trading, LLC as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/wolverine-trading/ APA ETFIQ. (Oct 23, 2026). Wolverine Trading, LLC as an ETF lead market maker. Retrieved from https://etfiq.com/trading/lead-market-makers/wolverine-trading/ Markdown [Wolverine Trading, LLC as an ETF lead market maker (ETFIQ, Oct 23, 2026)](https://etfiq.com/trading/lead-market-makers/wolverine-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":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Wolverine Trading, LLC as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/wolverine-trading/"}