Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU256,172,0533,337,62020259,509,693440,272 58,943.04
SQQQ199,451,281304,7558,558199,764,594199,393 100,186.36
DWT146,768,891332,71760147,101,669163,295 90,083.39
QID146,013,470224,571360146,238,40054,009 270,766.72
USO120,252,9581,426,6005,360121,684,918911,593 13,348.60
GLDM102,897,009957,8680103,854,87721,524 482,507.33
PSQ63,495,12871,132063,566,26019,006 334,453.65
DXD62,560,0008,940062,568,9402,738 2,285,205.99
EEM47,568,5933,336,9317,16650,912,6904,182,807 1,217.19
SPTI42,570,96541,5084042,612,5139,600 443,880.34
DOG39,034,41549,206039,083,6215,388 725,382.72
SCO37,677,782117,0806037,794,92244,100 85,702.77
USFR32,100,64871,023032,171,6717,372 436,403.57
SPXS31,119,843450,73911,08131,581,663207,081 15,250.87
PTLC29,771,6638,550029,780,2137,040 423,014.39
SLV25,721,0871,607,38516027,328,632688,441 3,969.64
UWT22,998,813203,6911,41923,203,923108,503 21,385.51
XLF19,074,800543,5314,39319,622,7232,577,154 761.41
PGX17,956,0271,263,81213019,219,97071,549 26,862.67
FENY18,637,633147018,637,7803,195 583,342.10
VXX17,426,005998,982117,68318,542,6702,303,878 804.85
FREL15,549,1204,002015,553,1221,539 1,010,599.22
GOVT14,796,399236,959015,033,358200,815 7,486.17
UVXY13,639,4331,061,85630,04414,731,333854,412 1,724.15
UCO14,180,664131,72135214,312,73661,177 23,395.62

Data for 2020-01-15 to 2020-01-22 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.