Options markets are more active than ever. Liquidity matters. According to Cboe’s Q3 2026 industry update: - 70.6 million contracts traded daily on average across the options market. - 28.3 million contracts traded daily on average in ETF options. - ETF options activity increased 1% quarter over quarter, even as overall options volume moderated from Q2 record levels. With substantial trading activity across stocks, ETFs, and indexes, options markets continue to provide an important foundation for investment strategies built around seeking differentiated outcomes. At NEOS Investments, we seek to harness options-based strategies to help investors seek monthly income across core portfolio exposures. Explore more at #Options# #MarketLiquidity# #ETFInvesting# #FinancialAdvisors# #NEOSInvestments# NEOS ETFs are Distributed by Foreside Fund Services, LLC.

Market liquidity appears to be declining. The G10 Excess Liquidity Leading Indicator has turned negative for the first time since 2024. This metric compares the rate of money supply growth across G10 economies with the pace of economic growth. When the money supply grows faster than the economy, there is excess liquidity that can support asset prices. Historically, this gauge has led the performance of the semiconductor index, $SOX, by roughly 6 months. If this historical relationship holds, it points to weaker semiconductor stock performance over the coming months. Keep watching liquidity.

Taiwan is turning to market intervention to stop the CARNAGE: Taiwan's Weighted Index, TAIEX, surged +5.0% on Monday, ending a 7-session losing streak that had pushed the technology-heavy market into bear-market territory. $EWT $TSM The rebound followed new restrictions on short selling and the government's readiness to deploy its NT$500 billion stabilization fund. Authorities slashed the cap on intraday short-sale orders from 30% to just 3% of average daily trading volume and raised minimum short-selling margin requirements from 90% to 130%. Notably, restricting short selling can do more harm than good, reducing market liquidity, weakening price discovery and preventing investors from hedging their portfolios or expressing negative views on overvalued stocks. Short sellers also play an important role in exposing excessive valuations and market imbalances, while restrictions can distort prices and leave markets more vulnerable to sudden moves. The stabilization fund has NT$500 billion available, although previous interventions deployed substantially less capital and did not prevent further corrections in most cases. Suppressing short selling does not eliminate market risk, it only restricts one of the mechanisms through which markets price it.

NEW EPISODE - The Stock Market Is Moving Onchain | Ian De Bode Tokenized stocks are having their breakout moment. @iandebode joins @TrustlessState to unpack how @OndoFinance brought $SPCX stock onchain within minutes of trading, why real stock market liquidity matters more than shallow DEX pools, and how tokenized equities could become collateral for the next generation of perps, portfolios, and DeFi trading. TIMESTAMPS --- 0:00 Ondo’s RWA Moment 1:17 How SpaceX Stock Hit Ethereum in Minutes 2:57 What Actually Backs a Tokenized Stock? 4:49 The Onchain and Offchain Market Machine 10:29 Where the Demand Comes From 12:46 The Most Popular Tokenized Stocks 14:54 Why Perps Need Better Collateral 20:46 New Strategies for Onchain Asset Management 25:02 The Next 12 to 18 Months 26:14 How Big Can Perps Get? 28:46 Offshore Versus Onshore Perp Markets 32:05 Inside Ondo Perps 36:24 Why Not Build on Hyperliquid? 37:49 Launch Timeline and Early Demand 39:48 Will Wall Street Incumbents Compete or Help? 43:52 Ondo’s 2026 Roadmap 45:22 Remembering Nathan Allman

Dallas Fed President Lorie Logan delivered these remarks during The Future of Market Liquidity and Functioning Workshop at the Federal Reserve Bank of New York.

Rational Dissent Episode 006. Can the Treasury Bully the Bond Market? In a regime where financial conditions never tightened and liquidity never left, the Treasury could open its wallet the same week the Fed decides whether to hike. Is it a fool’s errand? 00:00 - Introduction and Topic Overview 02:23 - Defining Financial Conditions vs. Liquidity 05:54 - Liquidity and the Fed's Balance Sheet 08:26 - The Role of the Treasury General Account (TGA) 12:48 - Market Liquidity and Inflation Fears 21:51 - Term Premium and Market Risk 24:41 - The "Liz Truss Moment" and Bond Vigilantes 32:26 - Outro

Here are 3 reasons traders track open interest 📊 It shows how many contracts are still active. 🤝 It can help measure market liquidity. 📈 It provides context behind price movements. Find out more on our blog 👇