Trade Volume

Returns the trade volume (number of trades executed) for a stock using QuoteMedia's on-demand data service.

Trade Volume vs Share Volume

Metric Description
Trade Volume Number of individual trades executed
Share Volume Total number of shares traded

A single trade can involve many shares, so share volume is typically much larger than trade volume.

Supported Symbol Formats

Type Format Example
US Stocks SYMBOL AAPL, MSFT
ETFs SYMBOL SPY, QQQ

Parameters

Parameter Type Required Description
Symbol String Yes Stock ticker symbol

Notes

  • Counts number of trades, not shares
  • Useful for analyzing trading activity
  • High trade count with low share volume can indicate retail activity

Examples

=QM_TradeVolume("AAPL")
Trade count for Apple
=QM_TradeVolume("SPY")
Trade count for SPY
Symbol from cell reference

When to Use

  • Analyze trading activity frequency
  • Compare retail vs institutional activity
  • Market microstructure analysis
  • Liquidity assessment

When NOT to Use

Scenario Use Instead
Need share volume QM_ShareVolume() or QM_Volume()
Need streaming data QM_Stream_Volume()
Need historical volume QM_GetHistory()

Common Issues & FAQ

Q: Why is trade volume much smaller than share volume? A: Trade volume counts individual trades. One trade can be for thousands of shares. Share volume counts all shares across all trades.

Q: What does high trade volume with low share volume indicate? A: This typically indicates many small trades, often associated with retail trading activity.

Q: How is this different from QM_Volume? A: QM_Volume() typically returns share volume, while QM_TradeVolume() returns the count of trades.

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MarketXLS Excel Add-in Tutorial - How to Use Trade Volume and Other Financial Formulas
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