Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 29,758,26813,241,9321,239,30744,239,50710,093,827 438.28
VXX 12,430,3116,663,848595,21319,689,3725,252,234 374.88
UVXY 11,817,3175,106,271138,67217,062,2592,817,922 605.49
QQQ 7,587,6066,000,331455,28114,043,2184,835,407 290.42
SVXY 8,106,1922,943,03148,62311,097,8461,448,760 766.02
TVIX 6,569,0172,512,46139,6289,121,1061,748,707 521.59
SPXS 5,438,649601,95826,9906,067,597319,145 1,901.20
EEM 3,180,9682,477,704195,1365,853,8086,049,967 96.76
IWM 2,397,2392,179,706303,6924,880,6373,217,882 151.67
GLD 2,933,0771,908,39728,1444,869,6181,085,224 448.72
SPXL 4,056,078676,07430,6514,762,803526,202 905.13
GDX 2,586,1271,072,42840,0743,698,6295,118,946 72.25
IVV 3,006,085505,929138,8573,650,871661,543 551.87
VIXY 2,701,812882,0891,2843,585,184531,551 674.48
XLE 733,3452,796,84752,0233,582,2162,607,181 137.40
XLF 2,794,375651,04991,6383,537,0624,455,334 79.39
SDS 2,783,010522,69833,9433,339,651664,508 502.57
XLI 1,818,6201,495,63711,8323,326,0892,133,022 155.93
FXI 1,658,7561,437,84792,6523,189,2552,844,814 112.11
BAC 1,770,3091,103,230231,2363,104,7754,124,241 75.28
VOO 2,296,636481,02264,8952,842,554358,778 792.29
SQQQ 1,643,0231,039,30546,4972,728,8251,178,796 231.49
TLT 1,528,3141,110,71837,1922,676,2241,363,426 196.29
CSCO 1,142,5151,364,54581,7422,588,8023,599,149 71.93
AAPL 1,373,7101,066,618121,1172,561,4452,442,494 104.87

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.