Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
UNG 46,745,780899,46115,98447,661,225254,140 18,753.93
SCHR 22,270,1950022,270,195386 5,769,480.57
SPY 7,829,6171,468,1091,041,61410,339,3401,394,926 741.21
USO 8,890,2631,102,2414,3909,996,894561,501 1,780.39
GE 6,897,4631,609,360445,7378,952,5612,383,632 375.58
XLF 8,072,697196,184565,8728,834,7531,323,588 667.49
VXX 7,220,6421,183,303189,2178,593,162964,016 891.39
UGAZ 7,606,668941,85932,6418,581,167359,732 2,385.43
IEFA 7,353,820325,6174,0257,683,462134,283 5,721.84
UVXY 6,208,885799,34635,4497,043,680764,062 921.87
BAC 5,056,463565,335153,4655,775,2631,317,168 438.46
EEM 4,747,850655,047328,7135,731,6101,437,936 398.60
QQQ 4,752,392539,352128,2685,420,013543,751 996.78
GOVT 3,562,80499,1572,0843,664,04410,685 34,291.47
ARGS 2,717,665294,668643,2573,655,590280,624 1,302.66
VALE 3,389,765216,72123,1633,629,650510,134 711.51
TZA 3,488,870134,8243,6573,627,351205,604 1,764.24
TVIX 3,215,784311,56911,8013,539,154362,022 977.61
IEF 3,413,11639,7411,6843,454,54037,730 9,155.95
EFA 2,884,829323,234183,4093,391,472433,671 782.04
AMD 2,507,905299,633461,3363,268,874399,131 819.00
GBIL 3,249,24801103,249,358380 855,094.21
BOIL 2,957,386281,4041,2803,240,07034,912 9,280.68
SPXS 3,031,98826,4867203,059,1935,985 51,114.34
JNK 2,430,859179,10752,6802,662,647279,484 952.70

Data for 2017-11-13 to 2017-11-17 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.