Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 13,351,8845,842,733507,82419,702,4416,453,281 305.31
FOX 2,425,65815,434,17919,85417,879,6911,454,864 1,228.96
VXX 10,801,3545,487,60357,65016,346,6064,818,933 339.22
UVXY 8,309,6442,946,90938,44611,294,9992,489,866 453.64
QQQ 6,601,9143,976,388178,52310,756,8254,494,710 239.32
FOXA 1,306,9393,131,31556,8254,495,0792,812,422 159.83
IWM 2,482,5091,636,713292,4984,411,7203,984,608 110.72
VOO 768,4873,401,41417,1064,187,007326,601 1,281.99
EEM 2,228,8421,704,057212,5364,145,4364,648,002 89.19
AMD 2,135,3771,785,15840,7333,961,2686,310,351 62.77
CMCSA 1,469,2002,166,47496,5303,732,2043,079,559 121.19
SVXY 3,068,453608,6932,6743,679,8201,251,323 294.07
XLF 2,272,5191,220,794139,9953,633,3075,160,565 70.41
KTOS 2,020,0871,280,1025363,300,72580,146 4,118.39
INTC 1,088,3432,054,67351,0513,194,0672,461,641 129.75
EWZ 1,973,5511,042,01360,8383,076,4022,814,554 109.30
VIXY 2,636,330311,9011,7112,949,942101,691 2,900.89
USO 2,183,789706,4674,5172,894,7721,258,058 230.10
UCO 1,917,806841,08415,0072,773,896485,519 571.33
TVIX 2,164,629460,80629,6742,655,109471,725 562.85
TK 43,5712,554,2967922,598,65854,158 4,798.29
MU 1,273,5261,069,66397,0252,440,2152,449,029 99.64
XLI 1,098,6031,311,94413,0262,423,5731,662,365 145.79
ORCL 1,039,4571,140,38288,7192,268,5581,853,728 122.38
XOP 901,6201,206,30046,3682,154,2892,663,926 80.87

Data for 2018-06-18 to 2018-06-22 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.