Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 13,629,084351,88442,09214,023,060733,525 1,911.74
EEM 10,670,6661,662,984247,57712,581,2272,160,722 582.27
EWG 12,072,51460,7028,89512,142,111161,326 7,526.44
VXX 7,622,8341,248,263222,7579,093,854786,765 1,155.85
UVXY 7,727,1831,148,000126,3279,001,509612,904 1,468.67
EZU 8,353,34370,8254,1528,428,320117,698 7,160.97
XLF 6,932,9721,141,373211,5628,285,9081,031,468 803.31
QQQ 6,183,174554,024294,8007,031,999657,762 1,069.08
SPY 4,893,340917,2011,024,8216,835,3621,344,119 508.54
SHY 5,778,217536,9479126,316,07623,893 26,434.84
TZA 5,917,27352,80419,0665,989,143153,930 3,890.82
BAC 4,806,710233,491168,6045,208,806596,472 873.27
IEFA 5,035,52548,7467,4225,091,694220,983 2,304.11
SVXY 4,758,369307,90522,3855,088,659286,188 1,778.08
IAU 4,479,524252,69411,5774,743,796157,500 3,011.93
EFA 4,011,618347,493135,8354,494,946656,447 684.74
PBR 4,152,781157,86826,1194,336,768292,180 1,484.28
VTIP 3,852,687199,333604,052,0805,159 78,543.90
AMD 2,974,456553,512152,8373,680,805803,941 457.85
MU 3,059,624388,892127,9463,576,462699,532 511.26
IQ 2,935,446199,187401,9973,536,631340,925 1,037.36
ACWI 3,468,0972,2449,1173,479,45847,127 7,383.15
VALE 3,163,875123,089102,0013,388,965289,230 1,171.72
T 2,811,882345,04759,8893,216,818834,183 385.62
CMCSA 2,571,664325,71685,0892,982,469377,205 790.68

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.