{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/CBOE/LQDU",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# BANK OF MONTREAL /CAN/ (CBOE: LQDU) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is BANK OF MONTREAL /CAN/, listed on CBOE under ticker LQDU, with ISIN US06367V8164 and LEI NQQ6HPCNCCU6TUTQYE16. Its security type is Corporate, its segment is not on the record, its sector is 6029 Commercial Banks, NEC, and its jurisdiction is Ontario, Canada. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 8636 filings in the twelve months from 2025-11-08 to 2026-11-08, across 247 filing days, of which 4737 are prospectus, 3860 are regulatory filing and 39 are results. The median gap between filing days is 1.0 day. The latest filing is dated 2026-11-06, two days before the record date, and is a prospectus. The CBOE exchange median is 25.0 filings, a 6.5-day cadence gap and 2.0 days of latency, across 44 issuers. The sector median on this market is 8636 filings, a 1.0-day cadence gap and 2 days of latency, across 85 issuers.\n\n## Auditor\n\nThe auditor of record is not on the record, because the latest annual report cover carries no dei:AuditorName tag. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no delisting, name change or domicile change lines, and the domicile change is not on the record. Listing lines are dated 2026-06-02, 2026-08-04, 2026-08-10, 2026-08-19, 2026-08-26 and 2026-09-09, each appearing twice. The segment move is not on the record. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable, because the chapter's orderability section carries no client categories and so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read. The count is 0.\n\n## Open research\n\nNo openly published research notes were found. The count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for this issuer. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0000927971.json (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.us-cm-kg.ai/events/CBOE/LQDU (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/CBOE/LQDU (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/CBOE/LQDU",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://www.bmo.com/main/about-bmo/investor-relations/shareholder-information/analyst-coverage",
     "result": "not readable by this rail (TimeoutError)"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 44,
     "median_cadence_gap_days": 6.5,
     "median_filings": 25,
     "median_latency_days": 2,
     "name": "CBOE"
    },
    "sector": {
     "issuers": 85,
     "median_cadence_gap_days": 1,
     "median_filings": 8636,
     "median_latency_days": 2,
     "name": "6029 Commercial Banks, NEC"
    }
   },
   "by_type": {
    "prospectus": 4737,
    "regulatory_filing": 3860,
    "results": 39
   },
   "cadence_median_gap_days": 1,
   "filing_days": 247,
   "filings": 8636,
   "latency_days": 2,
   "latest": [
    {
     "category": "424B2",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000183988226055544/bmo7657_424b2-37910.htm",
     "title": "424B2 — ARC 7657",
     "type": "prospectus"
    },
    {
     "category": "424B2",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000183988226055543/bmo7628_424b2-37909.htm",
     "title": "424B2 — ARC 7628",
     "type": "prospectus"
    },
    {
     "category": "424B2",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000183988226055536/bmo6439_424b2-37922.htm",
     "title": "424B2 — ELN 6439",
     "type": "prospectus"
    },
    {
     "category": "FWP",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000183988226055509/bmo7702_fwp-37874.htm",
     "title": "FWP — ARC 7702",
     "type": "regulatory_filing"
    },
    {
     "category": "FWP",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000183988226055508/bmo7701_fwp-37872.htm",
     "title": "FWP — ARC 7701",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/CBOE/LQDU",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "CBOE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US06367V8164"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000927971.json",
    "state": "sourced",
    "value": "Ontario, Canada"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-08",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN US06367V8164)",
    "state": "sourced",
    "value": "NQQ6HPCNCCU6TUTQYE16"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000927971.json",
    "state": "sourced",
    "value": "BANK OF MONTREAL /CAN/"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000927971.json",
    "state": "sourced",
    "value": "6029 Commercial Banks, NEC"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000927971.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "LQDU"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2026-06-02",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000114336226000192/AIQDAIQU060226.pdf",
     "title": "CERT — NYSE ARCA CERTIFICATION"
    },
    {
     "date": "2026-06-02",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926007017/j5282628a12b.htm",
     "title": "8-A12B — AIQU & AIQD"
    },
    {
     "date": "2026-08-04",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926009506/y7302698a12b.htm",
     "title": "8-A12B — SMHD & SMHU"
    },
    {
     "date": "2026-08-04",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000141783526000239/8A_Cert_SMHU_SMHD.pdf",
     "title": "CERT — CBOE BZX CERTIFICATION"
    },
    {
     "date": "2026-08-10",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926009817/z862628a12b.htm",
     "title": "8-A12B — SMHU-SMHD LAUNCH"
    },
    {
     "date": "2026-08-10",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000141783526000256/8A_Cert_HYGU_HYGD_LQDU_LQDD.pdf",
     "title": "CERT — CBOE BZX CERTIFICATION"
    },
    {
     "date": "2026-08-19",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926010573/z8172618a12b.htm",
     "title": "8-A12B — COUNTRY ETNS LAUNCH"
    },
    {
     "date": "2026-08-19",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000141783526000277/8A_Cert_BMO.pdf",
     "title": "CERT — CBOE BZX CERTIFICATION"
    },
    {
     "date": "2026-08-26",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000114336226000326/MNGU082626.pdf",
     "title": "CERT — NYSE ARCA CERTIFICATION"
    },
    {
     "date": "2026-08-26",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926010865/s8242658a12b.htm",
     "title": "8-A12B — ETN MNGU"
    },
    {
     "date": "2026-09-09",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000121465926011498/z942628a12b.htm",
     "title": "8-A12B — ETNS XLC & XLP"
    },
    {
     "date": "2026-09-09",
     "source": "https://www.sec.gov/Archives/edgar/data/927971/000141783526000294/8A_Cert_XLCU_XLCD_XLPU_XLPD.pdf",
     "title": "CERT — CBOE BZX CERTIFICATION"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:bd55d936a3c556088281829058c02c735a18f25d834652a3273f93b456d7184c",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/CBOE/LQDU",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:bd55d936a3c556088281829058c02c735a18f25d834652a3273f93b456d7184c",
 "path": "/us/CBOE/LQDU",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is BANK OF MONTREAL /CAN/, listed on CBOE under ticker LQDU, with ISIN US06367V8164 and LEI NQQ6HPCNCCU6TUTQYE16. Its security type is Corporate, its segment is not on the record, its sector is 6029 Commercial Banks, NEC, and its jurisdiction is Ontario, Canada. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 8636 filings in the twelve months from 2025-11-08 to 2026-11-08, across 247 filing days, of which 4737 are prospectus, 3860 are regulatory filing and 39 are results. The median gap between filing days is 1.0 day. The latest filing is dated 2026-11-06, two days before the record date, and is a prospectus. The CBOE exchange median is 25.0 filings, a 6.5-day cadence gap and 2.0 days of latency, across 44 issuers. The sector median on this market is 8636 filings, a 1.0-day cadence gap and 2 days of latency, across 85 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, because the latest annual report cover carries no dei:AuditorName tag. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no delisting, name change or domicile change lines, and the domicile change is not on the record. Listing lines are dated 2026-06-02, 2026-08-04, 2026-08-10, 2026-08-19, 2026-08-26 and 2026-09-09, each appearing twice. The segment move is not on the record. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable, because the chapter's orderability section carries no client categories and so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found. The count is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for this issuer. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0000927971.json"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/CBOE/LQDU"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/CBOE/LQDU"
  }
 ],
 "title": "BANK OF MONTREAL /CAN/ (LQDU) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}