Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 41,978,1373,306,297152,95445,437,3881,992,276 2,280.68
EEM 29,832,2024,580,01233,41134,445,6255,956,352 578.30
XLF 28,472,7461,170,71982,35829,725,8235,483,534 542.09
BAC 22,575,8271,557,75231,90624,165,4844,417,517 547.04
GDX 22,169,524831,33820,39123,021,2533,769,265 610.76
QQQ 17,371,578967,70183,73118,423,0101,007,448 1,828.68
UVXY 15,583,4091,792,71671,77517,447,9011,044,004 1,671.25
BOIL 16,477,397170,4344,93816,652,76819,551 85,176.04
GE 15,046,4121,399,67333,15416,479,2404,679,432 352.16
VALE 15,130,606590,17822,12615,742,9102,051,355 767.44
VXX 13,654,7371,878,189114,79315,647,7201,096,093 1,427.59
EFA 11,416,6272,222,15726,49013,665,2732,129,596 641.68
AMD 11,119,7261,255,40610,05512,385,1873,009,397 411.55
USO 9,176,6963,003,0219,20012,188,9172,246,963 542.46
IAU 11,484,974629,2988,72812,123,0001,230,126 985.51
SVXY 10,469,5411,436,55337,88511,943,9791,053,465 1,133.78
PBR 11,112,188464,6654,45011,581,303838,306 1,381.51
TVIX 9,624,4961,249,19145,22310,918,9111,049,339 1,040.55
SQQQ 9,496,119751,70323,72710,271,549529,379 1,940.30
BNO 10,250,3588,460010,258,8182,040 502,883.24
RAD 8,732,628724,63025,1439,482,4012,464,771 384.72
SPXS 8,030,721321,94811,3928,364,061144,272 5,797.43
FXI 7,405,398831,50615,7598,252,6641,757,866 469.47
AKS 7,479,966740,86718,6328,239,4651,552,446 530.74
OIH 7,900,661219,9834,7228,125,365689,191 1,178.97

Data for 2018-02-14 to 2018-02-21 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.