Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 164,490,2691,851,5849,274166,351,1283,158,230 5,267.23
IAU 92,700,4293,965,5698096,666,078639,310 15,120.38
EEM 81,846,1304,205,64067,89786,119,6687,535,040 1,142.92
GLDM 73,661,522480,083074,141,60550,369 147,196.90
XLF 38,094,9441,254,95532,81939,382,7188,047,265 489.39
PCG 15,148,18620,890,501315,59636,354,2834,652,462 781.40
DWT 34,159,939387,1027,19634,554,23679,882 43,256.60
BAC 30,933,3262,175,73447,95233,157,01210,268,335 322.91
UWT 29,440,405512,8287,48429,960,718178,575 16,777.67
EFA 28,007,000927,19826,81328,961,0123,803,194 761.49
SH 27,494,723265,3218,72227,768,766238,489 11,643.63
GE 24,567,7971,318,89718,63125,905,3255,600,568 462.55
AMD 22,245,094937,03631,24423,213,3742,300,094 1,009.24
SPY 20,045,1302,809,383177,10023,031,6131,717,806 1,340.76
UCO 22,406,948211,7803,56422,622,29195,094 23,789.40
PSQ 17,633,61847,8271,77817,683,22288,137 20,063.34
GDX 16,252,814883,26815,69217,151,7742,779,409 617.10
F 15,932,3751,094,5485,45217,032,3753,936,063 432.73
QQQ 15,534,7841,054,93893,29416,683,0161,170,432 1,425.37
SQQQ 14,242,0171,030,53856,01815,328,5731,259,962 1,216.59
FXI 13,966,379831,36351,16914,848,9111,697,216 874.90
SLV 13,629,1091,195,60914014,824,858805,874 1,839.60
ECA 13,992,893648,9723,78814,645,6532,236,175 654.94
GG 13,499,535586,8318,16414,094,5302,139,879 658.66
VWO 13,258,373365,09116,41513,639,8791,826,245 746.88

Data for 2019-01-14 to 2019-01-18 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.