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Research topic guide

Market composition

How does the mix of entry instructions change across markets and day types?

FX accounted for 35.2% and metals for 32.1% of tracked entry instructions in August 2026.

Figure 1

FX and metals led the August entry mix

Shares of all tracked entry instructions in August 2026.

Share (%)

Figure data and source fields
FX and metals led the August entry mix. Share (%).
ObservationShare (%)Published source field
FX35.2%series.asset_class_rotation.classes.fx.share_pct
Metals32.1%series.asset_class_rotation.classes.metals.share_pct
Equity indices19.0%series.asset_class_rotation.classes.indices.share_pct
Crypto12.3%series.asset_class_rotation.classes.crypto.share_pct
Other1.4%series.asset_class_rotation.classes.other.share_pct

Source: PineConnector Pulse, August 2026 Monthly Bulletin. Instruction-weighted.Download data (CSV): FX and metals led the August entry mix

Read a share alongside its activity change

FX and metals gained share in the August entry mix. A share depends on the named class and the rest of the denominator, so the bulletin reports class activity changes alongside shares. These observations describe the tracked instruction mix, not the wider market.

Weekends have a different composition

Crypto made up most weekend entry activity, although average weekend-day entry activity was much lower than the weekday average. A large share of a quieter period is compatible with a modest contribution to the full month. The linked Note makes that denominator distinction explicit.

Keep classification and timing limits visible

Market names are normalised before aggregation; Other remains in the denominator. Day types follow the source clock, whose time zone is unconfirmed. The observations do not establish market liquidity, and instructions can arrive when a market is closed.

Read the evidence

Source scope

July comparisons use the August release’s consistent eligibility rules. They can differ from the separately published July bulletin. These are source-calendar months; the source time zone is unconfirmed.

Registered measurement limits
  • adoption, popularity, or number of participants
  • market exposure, position size, or market volume
  • execution, fills, or performance