Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 12,245,8497,408,167674,39220,328,4077,261,631 279.94
UNG 3,188,2662,181,24865,6305,435,1451,072,434 506.80
QQQ 3,665,4141,340,278190,6315,196,3232,684,624 193.56
VXX 2,307,6191,235,784120,1703,663,5734,192,117 87.39
GE 2,176,9491,205,80094,9573,477,7064,187,416 83.05
UVXY 1,976,8041,343,13846,4493,366,3912,814,934 119.59
EEM 1,656,8181,290,28779,4883,026,5944,063,844 74.48
IWM 1,572,7161,067,809318,0812,958,6072,320,560 127.50
XLF 2,038,584592,516202,7912,833,8904,159,321 68.13
BAC 1,721,435948,52598,6132,768,5733,713,079 74.56
MU 1,164,1531,505,84892,5032,762,5042,339,488 118.08
TEVA 500,8681,789,89119,6692,310,4291,763,938 130.98
TLT 1,182,176997,50166,8802,246,5571,584,836 141.75
GDX 1,180,875819,17734,3362,034,3882,571,380 79.12
AAPL 1,038,280789,13994,4101,921,8301,514,498 126.90
GSS 1,564,219156,30210,1041,730,62565,234 2,652.95
FB 891,136703,59677,1441,671,8761,317,149 126.93
AMD 1,044,157567,37934,1201,645,6562,485,147 66.22
SNAP 434,2621,157,11426,0821,617,458777,129 208.13
USHY 1,615,3600201,615,380535 301,940.19
AGGP 1,590,480001,590,4801,701 93,502.65
DGAZ 1,228,108286,98526,7521,541,845409,615 376.41
CWB 1,201,479334,1984,3731,540,05050,803 3,031.42
INTC 850,413625,35134,6461,510,4102,174,516 69.46
GLD 904,514501,67024,4561,430,640800,758 178.66

Data for 2018-01-09 to 2018-01-16 inclusive.

Missed Liquidity
This is a measure for the last week of the average daily volume requested at a price equal or better than the NBBO where we had no liquidity.
Exhausted Liquidity
This is a measure for the last week of the average daily volume requested at a price equal or better than the NBBO, which were partially filled.
Routed Liquidity
This number represents for the last week the average daily volume on orders which were routed and filled on another venue.
Volume Opportunity
This is a measure of the total average daily volume of the missed, exhausted and routed liquidity.
Cboe ADV
Average Daily Volume for the last week of shares matched on Cboe for the security shown.
Liquidity Opportunity
Percentage of the ADV missed, exhausted or routed. The higher the percentage the larger the market making opportunity.