Cboe BYX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU313,685,8781,972,89847,461315,706,237846,544 37,293.54
USO307,576,4792,465,96448,463310,090,9062,173,533 14,266.68
DWT140,313,0341,580,6766,641141,900,351440,595 32,206.53
SH128,426,028350,117665128,776,810157,741 81,638.13
GLDM90,790,517787,566091,578,08366,415 137,887.65
EEM72,872,7263,378,753109,93876,361,4175,013,459 1,523.13
SLV71,288,5331,805,10820,71073,114,3502,402,666 3,043.05
PSQ66,209,10770,9376666,280,11074,422 89,059.83
BNO63,701,536155,06810063,856,70556,729 112,564.48
XLF40,854,838803,438109,72041,767,9964,390,587 951.31
SCO29,322,725159,6641,42629,483,81531,918 92,373.63
UWT28,617,908737,2587,35529,362,521278,693 10,535.79
UCO24,833,632453,4592,15125,289,242108,584 23,290.03
VXX23,584,7121,094,60353,90724,733,2222,220,793 1,113.71
GDX22,548,0831,965,082137,34624,650,5114,175,847 590.31
EFA21,361,092632,60938,81622,032,5181,613,302 1,365.68
SPXS20,252,151120,6717,30520,380,126168,193 12,117.11
SPHQ19,952,9533,1041419,956,0716,073 328,603.18
VALE18,955,004537,51735,99419,528,5161,204,118 1,621.81
PBR19,067,593353,51115,29419,436,398748,587 2,596.41
BBD17,888,398305,91414,75018,209,062652,263 2,791.67
BAC16,681,584763,164179,44917,624,1985,214,893 337.96
XOP17,216,225280,10241,41417,537,7411,993,963 879.54
UUP16,330,25355,188016,385,44115,380 106,537.33
GLD13,577,324579,4919,57314,166,388443,555 3,193.83

Data for 2019-07-15 to 2019-07-19 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.