Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 245,423,5391,889,17779,230247,391,9463,947,671 6,266.78
IAU 117,568,8192,734,4141,910120,305,143607,079 19,817.05
GLDM 82,100,46481,094082,181,5587,513 1,093,858.09
EEM 77,485,2144,185,16741,07381,711,4547,052,334 1,158.64
DWT 50,393,336677,0158,16251,078,513520,027 9,822.28
SPY 34,127,4834,554,903237,41438,919,8012,242,064 1,735.89
XLF 34,406,1871,070,67939,90335,516,7696,140,802 578.37
GE 31,757,6023,170,033106,39835,034,0349,789,015 357.89
RJI 34,248,9175,75324034,254,9106,297 543,987.77
SQQQ 32,670,6591,232,47134,53033,937,6601,364,877 2,486.50
PSQ 33,043,245112,2606,64333,162,148145,280 22,826.37
SCO 27,358,204245,85211,93027,615,98697,305 28,380.85
BAC 25,235,3251,159,84718,18226,413,3545,686,079 464.53
QQQ 24,199,1761,407,782120,28625,727,2451,094,331 2,350.96
EFA 24,447,808633,80221,24625,102,8562,778,606 903.43
VXX 22,936,3851,783,827103,36624,823,5782,084,178 1,191.05
TZA 24,110,837211,1631,96424,323,964917,268 2,651.78
PBR 18,974,648423,80615,73619,414,1891,674,228 1,159.59
AMD 17,170,0701,771,346146,08519,087,5022,307,053 827.35
GDX 16,807,242768,17338,58717,614,0013,440,073 512.02
ECA 16,380,274855,74810,28417,246,3063,632,502 474.78
SDS 16,081,631294,9655,43716,382,033178,206 9,192.75
DGAZ 14,508,149540,19765,51915,113,864517,165 2,922.45
BBD 13,848,550363,52140414,212,4741,327,438 1,070.67
SPXS 13,140,863290,68510,67713,442,225176,553 7,613.71

Data for 2018-11-07 to 2018-11-13 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.