Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
DWT 83,655,6381,045,90220,98484,722,524747,121 11,339.87
EEM 76,352,1985,071,37063,19181,486,7608,938,322 911.66
IAU 74,263,5432,946,55416,16377,226,259954,938 8,087.04
USO 66,786,1021,215,0536,55368,007,7082,043,144 3,328.58
XLF 63,473,9851,991,25355,94865,521,18610,799,784 606.69
GLDM 47,940,450105,228048,045,67716,577 289,833.37
VXX 43,097,7834,269,693215,05547,582,5313,898,247 1,220.61
BAC 44,217,5882,405,81739,09246,662,49610,695,403 436.29
SPY 38,680,7014,488,978370,16343,539,8423,256,058 1,337.19
EFA 38,972,9951,050,41521,83740,045,2474,475,308 894.80
GDX 38,485,1321,277,32011,89239,774,3445,498,769 723.33
SPXS 38,640,399923,27833,79039,597,467353,439 11,203.48
SDS 36,047,430772,01040,94536,860,385368,209 10,010.72
PSQ 35,619,822526,0417,65736,153,519493,228 7,329.98
GE 32,682,0151,605,52542,58634,330,1266,777,100 506.56
SQQQ 28,628,5322,308,328111,79331,048,6532,711,750 1,144.97
SPXU 29,109,7351,884,05136,60931,030,395354,771 8,746.60
QQQ 26,439,9342,337,775185,85128,963,5602,104,804 1,376.07
XLK 14,318,35411,696,81318,35426,033,5222,211,350 1,177.27
TZA 24,418,454679,65521,17725,119,2862,166,161 1,159.62
AMD 22,692,4451,828,04493,51124,614,0001,974,951 1,246.31
PBR 21,941,3071,017,73915,81722,974,8632,256,959 1,017.96
VWO 21,657,001625,30111,39822,293,7002,329,865 956.87
UPRO 20,468,5001,625,57055,22022,149,290328,160 6,749.54
HMNY 16,669,4492,062,86010,10918,742,419401,050 4,673.34

Data for 2018-10-10 to 2018-10-16 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.