// SESSION RECAP

Last Night's Overnight Session

An auto-updating snapshot of overnight ATS activity across three major venues — notional, top names, leading themes, and the 30-session trend.

SAPINOVEROvernight ATS Intelligence01 / 07

Three-Venue Session Notional

$15.66B

ALL-TIME SESSION RECORD

June 23, 2026

120

Symbols

Names >$10M

2.31x

30-Sess Avg

Venues

Three major overnight ATS venues, consolidatedsapinover.com

SAPINOVER30-Session Trend02 / 07

Session Volume Trajectory

Record: $15.66B

3-Venue ATS Notional (30 Sessions)Avg: $6.77B

+131%

vs 30-Sess Avg

Prior High

$14.27B — Jun 8

Memory & Semiconductors

62% of session notional

All three venues aggregated · trading-day sessionssapinover.com

SAPINOVERTop Names by Notional03 / 07

Session Leaderboard

Top 12 of 120

01MU

$3.25BSTK

02SOXL

$1.49B3x

03SNDK

$893MSTK

04SPCX

$756MSTK

05MUU

$740M2x

06DRAM

$452METF

07QQQ

$433METF

08INTC

$395MSTK

09MRVL

$339MSTK

10TQQQ

$303M3x

11NVDA

$299MSTK

12SOXS

$295METF

Notional aggregated across all three venuessapinover.com

SAPINOVERTheme Spotlight04 / 07

Memory & Semiconductors

Dominant ecosystem of the session

$9.65B

Anchor Position

$3.25B

Largest single name · 3-venue total

Related Instruments

SOXL

$1.49B

3x Semi Bull

SNDK

$893M

SanDisk

MUU

$740M

2x MU Bull

DRAM

$452M

Memory ETF

INTC

$395M

MRVL

$339M

Sister ETFs and single-stock instruments grouped by themesapinover.com

SAPINOVERK-Means Cluster Analysis05 / 07

Behavioral Segmentation

k=4 · 94 Names

Notional vs. Timing Differential (bps)

Memory Megaplay

SOXL, MUU, KORU, TQQQ

Large-Cap Core

MU, SNDK, SPCX, DRAM, QQQ

Inverse / Hedge

MSFT, NBIS, IBM, TSM, AVGO

Broad Tail

QLD, MULL, MVLL, INTW, TSLL

Features: log(notional), timing differential, leverage factorsapinover.com

SAPINOVERSector Breakdown06 / 07

Notional by Theme

$12.24B Represented

Sector concentration (names >$10M)

Technology

$6.48B

Leveraged Equity

$2.87B

Industrials

$817M

Large-Cap Growth

$446M

Inverse / Hedge

$427M

Other

$1.20B

Asset Mix

40%

ETFs

60%

Stocks

Concentration

85%

Memory & Semiconductors in top-12 notional

Composition from consolidated tape · names >$10Msapinover.com

SAPINOVERSession Summary07 / 07

June 23, 2026 — A Record Night

The overnight session printed $15.66B across three major ATS venues, surpassing the prior high of $14.27B set Jun 8. The memory & semiconductors complex commanded 62% of total notional, anchored by MU at $3.25B.

Session Scorecard

$15.66B

Total Notional

120

Active Symbols

Names >$10M

$3.25B

Top Name (MU)

62%

Lead Theme

2.31x

30-Sess Avg

Overnight Intelligence Platform

sapinover.com

For informational purposes only. Not investment advice.Sapinover LLC

Auto-generated from the consolidated overnight tape after each session. Notional reflects three major overnight ATS venues in aggregate. Use the arrows or swipe to step through; tap Download PDF to save a carousel for sharing. For informational purposes only — not investment advice.