Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
BKLN 150,601,5332,749,43916,007153,366,979140,834 108,899.11
SPY 35,016,5903,906,3632,896,50741,819,4613,440,826 1,215.39
EEM 32,309,5772,469,219232,56835,011,3642,899,785 1,207.38
IAU 32,832,134497,1306033,329,324187,788 17,748.38
DWT 30,258,211614,27433,01530,905,500308,941 10,003.69
RJI 25,295,42418,86011725,314,401962 2,631,434.62
VXX 20,323,2222,174,639838,93223,336,7931,703,371 1,370.04
USO 21,055,588771,30612,53621,839,430635,472 3,436.73
GLDM 20,894,11434,560020,928,6745,297 395,104.29
XLF 18,691,529526,533145,75719,363,8192,036,020 951.06
QQQ 15,583,7261,989,975491,14018,064,8411,558,912 1,158.81
EFA 16,656,524600,697173,52717,430,7471,600,293 1,089.22
UPRO 14,810,119610,27581,65815,502,053153,279 10,113.62
SPXS 13,356,647425,21677,09213,858,955127,752 10,848.33
EWG 13,391,01939,5232,05013,432,591157,081 8,551.38
SPXU 12,289,826856,16955,55113,201,546118,085 11,179.70
SQQQ 11,408,1451,404,308326,52113,138,975839,528 1,565.04
SDS 12,267,628569,441163,56913,000,638157,421 8,258.52
PSQ 12,213,05366,33510,06312,289,451111,349 11,036.88
EWJ 11,137,211552,61258,05311,747,877548,640 2,141.27
BAC 10,769,151589,482128,76011,487,3931,734,957 662.11
IWM 10,196,475675,626460,14711,332,249582,047 1,946.96
GDX 10,720,085309,43744,79211,074,3141,532,057 722.84
TZA 9,663,767126,453114,3299,904,550269,797 3,671.11
UVXY 8,603,2561,099,314176,8719,879,441437,957 2,255.80

Data for 2018-10-11 to 2018-10-17 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.