Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU 18,288,196147,14715,77018,451,113132,423 13,933.47
SPY 8,714,5271,381,0631,535,93011,631,5201,659,688 700.83
EEM 7,663,7291,386,748221,7379,272,2141,598,970 579.89
QQQ 7,666,859644,879316,0218,627,759816,967 1,056.07
XLF 7,929,131462,791226,1148,618,0361,286,473 669.90
USO 7,399,105291,08424,7367,714,925388,581 1,985.41
GE 4,597,0891,952,383262,9676,812,4391,375,508 495.27
BAC 6,033,341447,305291,7156,772,3611,191,698 568.30
VXX 5,133,210500,713305,1205,939,043466,714 1,272.52
NVCN 4,648,569657,12386,4985,392,191415,598 1,297.45
UVXY 4,459,006473,95870,7555,003,719549,869 909.98
GDX 4,266,643178,12165,0584,509,823594,844 758.15
TVIX 3,787,905409,470160,8624,358,236726,113 600.21
CWB 4,328,01315,469954,343,57812,221 35,541.92
IPE 4,050,50620,861564,071,4232,163 188,230.37
STPZ 3,951,48820,76003,972,2481,540 257,938.18
EFA 2,961,308906,43795,4373,963,182466,730 849.14
GMRE 3,595,7241,4381553,597,3171,912 188,144.19
LQD 3,442,521125,22911,5993,579,34985,253 4,198.50
SCHO 3,476,50824,79103,501,2984,218 83,008.49
AAPL 2,619,315570,360139,5623,329,237600,380 554.52
VALE 3,003,457146,99251,7963,202,244336,427 951.84
TIP 2,982,43649,0316663,032,13313,372 22,675.24
SVXY 2,812,728210,7195,6013,029,047217,991 1,389.53
DWT 2,494,647316,58024,5092,835,736329,819 859.79

Data for 2018-04-16 to 2018-04-20 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.