Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU 61,437,3602,218,08966,84763,722,2961,142,200 5,578.91
USO 51,971,6781,628,4511,48953,601,6181,475,497 3,632.78
AMD 43,343,2424,141,622238,92747,723,7902,413,687 1,977.22
DWT 43,085,449576,03225,30643,686,788357,777 12,210.62
GLDM 42,312,28829,021042,341,30933,579 126,094.61
EEM 39,915,1652,231,83166,42742,213,4236,638,693 635.87
RJI 25,724,25649,323025,773,5796,007 429,059.08
BAC 22,656,0421,092,46419,09723,767,6036,148,015 386.59
PSQ 22,603,669112,429022,716,098123,572 18,382.88
UGLD 21,526,654187,998021,714,65245,544 47,678.40
NIO 14,915,9424,826,509165,29319,907,7442,351,483 846.60
HMNY 19,540,860255,37776,60619,872,843115,768 17,166.09
GDX 18,768,8731,083,94117,27219,870,0863,285,954 604.70
TZA 19,560,535182,8825,22119,748,638520,438 3,794.62
XLF 17,822,7261,284,13410,02519,116,8854,496,154 425.18
UVXY 14,819,064993,71125,80115,838,5751,687,891 938.36
EWZ 14,300,694610,89611,91914,923,5091,227,623 1,215.64
VXX 13,661,574865,136100,02414,626,7341,707,991 856.37
EGO 12,163,9532,106,7925,70614,276,45292,531 15,428.83
QQQ 13,018,849451,42134,44313,504,713726,745 1,858.25
GE 12,432,195952,6967,58513,392,4763,610,214 370.96
EFA 12,907,014328,21012,46413,247,6881,887,096 702.01
PBR 11,385,274790,9823,03412,179,2901,602,931 759.81
SLV 11,240,347740,2498011,980,675880,554 1,360.58
SPXS 10,633,935149,7905,13510,788,86084,951 12,700.10

Data for 2018-09-12 to 2018-09-18 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.