Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
EEM 152,466,0865,829,28142,731158,338,09810,442,662 1,516.26
USO 155,432,1821,729,69852,354157,214,2333,127,400 5,026.99
IAU 124,162,3391,291,823160125,454,322602,336 20,827.96
PSQ 98,530,215168,7995,81398,704,827194,644 50,710.44
GLDM 95,290,26876,742095,367,01020,043 475,812.05
SPY 68,723,8478,912,257599,00678,235,1103,636,904 2,151.15
XLF 70,218,8902,667,36567,57672,953,83111,142,265 654.75
BAC 48,943,8672,259,67946,40351,249,94911,355,542 451.32
QQQ 45,426,2042,443,358193,17848,062,7401,501,335 3,201.33
SQQQ 43,604,0662,004,359170,29445,778,7181,683,674 2,718.98
VXX 42,478,0932,248,577130,06644,856,7362,657,667 1,687.82
EFA 39,597,0561,466,86254,44741,118,3654,858,758 846.27
TZA 31,270,840499,7156,49431,777,0492,439,388 1,302.66
SDS 25,510,580833,83129,48226,373,894299,252 8,813.27
GE 24,727,8951,600,63318,25026,346,7787,436,070 354.31
GDX 21,491,4081,518,41423,96623,033,7884,612,249 499.40
SPXS 22,110,626699,20124,84222,834,669291,925 7,822.10
AMD 19,164,1112,241,92889,45121,495,4902,445,376 879.03
VWO 19,758,039620,63744,58720,423,2642,299,988 887.97
PBR 18,626,437670,6127,62019,304,6681,801,728 1,071.45
FXI 16,257,0041,739,67180,00818,076,6832,654,016 681.11
TWM 17,720,71745,2101,34817,767,276171,290 10,372.63
UWT 16,919,351807,20630,46117,757,018205,377 8,646.06
VEA 16,793,989904,24218,11617,716,3473,256,129 544.09
DWT 16,213,813472,2702,08716,688,171158,043 10,559.26

Data for 2018-12-04 to 2018-12-11 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.