Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
UNG 138,972,3885,009,21130,489144,012,088992,295 14,513.03
GE 30,483,8845,360,265583,32436,427,4747,690,083 473.69
VXX 19,904,6801,484,31365,52421,454,5171,715,092 1,250.93
XLF 19,455,056945,208229,67620,629,9394,862,410 424.27
UVXY 15,848,0631,369,75084,86217,302,6761,417,337 1,220.79
BAC 15,583,5931,618,75083,88317,286,2274,117,612 419.81
UGAZ 14,705,494700,43028,48115,434,405218,900 7,050.89
USO 10,531,8033,293,28312,34113,837,4271,188,760 1,164.02
EEM 11,152,3231,194,794177,68612,524,8034,696,808 266.67
TVIX 10,943,357701,26043,98111,688,5981,533,106 762.41
BNO 11,017,86295,81855111,114,23110,473 106,122.71
SPY 8,462,7471,595,627123,77010,182,1441,743,360 584.05
BOIL 9,884,054184,26116010,068,47610,287 97,875.73
T 7,039,193764,34838,8927,842,4322,444,583 320.81
VALE 7,221,971464,76455,3707,742,1051,503,881 514.81
AMD 6,849,012793,13483,4047,725,5502,060,363 374.96
GDX 6,928,801357,91532,6837,319,3991,775,683 412.20
PBR 6,516,263441,511130,7617,088,5361,268,186 558.95
EWZ 6,526,162455,68049,8717,031,7141,504,903 467.25
SPXS 6,906,84755,5661,2146,963,62742,286 16,467.93
EFA 6,034,047643,34613,9376,691,3301,499,201 446.33
SIRI 5,925,294367,49223,8096,316,5952,491,476 253.53
QQQ 5,563,888551,77053,9666,169,625895,898 688.65
PBR.A 5,484,814143,151198,8975,826,862545,614 1,067.95
F 5,137,120517,43554,2345,708,7891,999,058 285.57

Data for 2017-11-10 to 2017-11-16 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.