Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
EWG 44,721,783143,3078,83544,873,92587,402 51,341.99
FEZ 27,985,331171,5427,88528,164,758161,684 17,419.63
HMNY 21,108,1962,702,178281,21324,091,5882,014,100 1,196.15
IAU 23,108,678276,5082,95923,388,14480,114 29,193.58
GLDM 17,344,42492052017,345,8645,496 315,608.88
PFF 16,356,35141,2426,02616,403,61912,155 134,953.67
EWJ 15,162,947281,3917,89415,452,232151,898 10,172.77
EEM 12,373,8191,213,460272,47013,859,7492,069,393 669.75
QQQ 12,806,256738,004308,97113,853,230823,052 1,683.15
EUFN 13,233,511114,85148713,348,85049,731 26,842.11
USO 12,653,857326,46543,72213,024,043650,779 2,001.30
EWU 11,044,68432,17312,80911,089,66646,792 23,699.92
EZU 10,320,07518,3617,72610,346,162184,492 5,607.92
SPY 7,219,126877,5891,230,9479,327,6621,502,605 620.77
UGLD 8,335,26471,1983,2438,409,70534,890 24,103.48
UVXY 7,228,233668,94979,9107,977,091901,226 885.14
DXJ 7,816,86069,9054,5387,891,30357,677 13,681.89
EWL 7,608,95762,0676647,671,68814,157 54,190.07
EWN 7,491,39895,82007,587,21717,482 43,400.17
BAC 6,615,664337,14189,4797,042,284839,077 839.29
XLF 6,605,377154,046134,5356,893,9591,000,991 688.71
VXX 4,899,463862,748288,6876,050,8981,447,910 417.91
SHY 5,872,62020,3391,5535,894,51224,119 24,439.29
PSQ 5,730,70532,4412275,763,37329,927 19,258.10
SVXY 5,130,334322,48725,9395,478,760423,928 1,292.38

Data for 2018-08-13 to 2018-08-17 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.