Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SQQQ 172,328,935941,0488,559173,278,543645,756 26,833.44
USO 163,834,2451,376,1113,606165,213,962582,156 28,379.67
SH 103,903,901100,0322,240104,006,17345,628 227,943.75
EWC 93,297,187174,2479,50293,480,93691,243 102,452.72
EEM 65,083,1131,722,436259,52467,065,0732,463,100 2,722.79
IAU 62,881,1311,459,32221,07064,361,523528,543 12,177.16
EWA 56,765,721609,19116,12657,391,039103,704 55,341.20
DWT 46,703,351300,0065,63047,008,98772,671 64,687.41
EFA 43,150,950580,29091,96243,823,2021,122,890 3,902.72
XLF 37,459,539750,366146,67738,356,5822,822,277 1,359.07
UCO 36,754,540125,4882,09636,882,12429,171 126,434.21
PSQ 36,795,20059,9285,74036,860,86940,313 91,436.68
IEMG 35,317,904603,45927,00635,948,370653,223 5,503.23
GOVT 29,122,5743,187,95263732,311,16290,507 35,700.18
VGSH 27,107,20664,360527,171,5715,993 453,388.47
ILF 25,639,545149,8611,21225,790,61757,084 45,180.12
SHY 24,393,204235,0241,59124,629,81848,213 51,085.43
SDOW 24,423,791152,42040,69124,616,90339,618 62,135.65
SCO 23,576,361124,45819,39123,720,21023,798 99,673.12
UWT 21,698,447449,40912,67322,160,529186,968 11,852.58
SPY 18,317,7842,370,0101,458,53422,146,328830,127 2,667.82
EWJ 20,768,92875,29526,85020,871,073256,648 8,132.18
ACWI 18,850,55815,9302,72118,869,20871,174 26,511.38
GLDM 18,762,5157,64053718,770,69217,811 105,388.20
TZA 17,995,58998,44217,09718,111,129256,164 7,070.13

Data for 2019-04-12 to 2019-04-18 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.