Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO360,275,9941,394,79926,439361,697,2321,386,756 26,082.25
IAU299,869,1335,922,53512,835305,804,503883,669 34,606.23
SH216,696,948796,1631,908217,495,020348,868 62,343.07
DWT129,891,2971,043,4245,988130,940,709270,496 48,407.63
EEM105,269,7794,426,04065,714109,761,5334,690,849 2,339.91
PSQ95,980,274172,4891,31396,154,07697,850 98,266.81
GLDM74,588,729263,23228074,852,24159,842 125,083.12
XLF55,314,0631,071,819103,39956,489,2815,303,572 1,065.12
BNO49,849,07231,290149,880,36216,690 298,863.76
UWT48,702,075719,9018,25849,430,234248,202 19,915.32
SPXS44,470,281927,57219,33645,417,189302,469 15,015.49
SLV32,849,274761,1129,95333,620,3391,295,955 2,594.25
SDS30,532,806893,93719,13631,445,879234,207 13,426.53
SCO30,886,487169,42274831,056,65633,367 93,075.96
VXX28,317,7541,971,35275,03330,364,1392,398,692 1,265.86
EFA29,503,719708,22333,67030,245,6112,018,044 1,498.76
SPY25,126,4622,859,798197,78928,184,0492,269,899 1,241.64
UCO26,278,107279,3101,67826,559,09583,171 31,933.12
RJI25,839,27127,9404025,867,2512,340 1,105,438.08
GE22,157,2271,321,26895,13623,573,6314,977,485 473.61
BAC20,089,781903,334299,87121,292,9856,141,615 346.70
FENY20,378,8737,6603,08520,389,61811,248 181,273.28
GDX19,057,322777,84279,97319,915,1372,957,804 673.31
UUP19,604,62086,9574019,691,61738,786 50,769.91
SQQQ18,803,199661,10324,93919,489,241514,761 3,786.08

Data for 2019-08-19 to 2019-08-23 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.