Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU 80,095,918820,581080,916,5001,072,491 7,544.73
USO 47,032,9252,355,18813,52549,401,6372,203,026 2,242.44
XLF 25,414,0671,140,27162,29026,616,6296,509,027 408.92
BAC 24,235,1131,626,04833,47825,894,6405,469,590 473.43
GE 22,256,8482,833,90485,58025,176,3326,664,842 377.75
TVIX 23,460,1781,102,58657,62624,620,3902,749,069 895.59
EEM 20,070,2273,024,41367,14223,161,7825,045,871 459.02
PSQ 19,386,339107,5662019,493,92585,323 22,847.21
UVXY 18,226,7461,107,89215,70119,350,3391,620,565 1,194.05
QQQ 16,733,346774,87343,46817,551,687975,929 1,798.46
GDX 16,615,631448,21323,79117,087,6353,227,693 529.41
UGLD 13,511,34290,4732,54913,604,36448,550 28,021.35
SPY 10,752,2921,388,48398,67812,239,4531,279,892 956.29
AMD 10,001,8901,236,57415,85211,254,3163,517,054 319.99
VALE 10,646,141479,3968,77611,134,3131,930,007 576.91
SQQQ 9,896,004411,81613,42910,321,249565,894 1,823.88
F 9,055,900809,71820,2419,885,8593,768,102 262.36
VXX 8,925,186926,01526,6669,877,8671,190,894 829.45
XOP 9,153,555500,6639,0139,663,2311,911,763 505.46
EFA 8,392,7821,104,01115,5929,512,3851,599,742 594.62
SLV 7,866,873832,1261,5608,700,5591,703,280 510.81
NVCN 7,353,920818,43342,3488,214,701625,488 1,313.33
PBR 7,809,364264,06316,0328,089,459842,896 959.72
DWT 7,430,234185,4875,0197,620,740130,794 5,826.52
CLDX 6,368,894915,4835,5327,289,910126,447 5,765.19

Data for 2018-04-18 to 2018-04-24 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.