Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
VXX9,191,8391,339,94677,48510,609,2692,950,209 359.61
SPY6,502,2813,383,185268,76510,154,2314,663,736 217.73
GLD6,293,5631,641,55113,9897,949,1031,779,062 446.81
DWT6,191,316887,51639,9887,118,819697,305 1,020.90
USO5,135,9531,154,01625,5406,315,5101,359,618 464.51
UCO4,830,2681,007,0874,9435,842,298354,396 1,648.52
UWT4,511,7201,235,70331,0135,778,437569,202 1,015.18
UVXY4,837,342923,17014,0395,774,551938,888 615.04
SVXY4,350,364583,8041,1114,935,279519,581 949.86
SCO3,572,483719,6444,6584,296,785210,769 2,038.62
SLV3,706,827521,60716,0624,244,4962,071,742 204.88
BHGE491,1473,584,6514,0984,079,896518,746 786.49
QQQ2,279,9451,707,95741,4714,029,3732,117,157 190.32
UGAZ3,099,318665,5147,3823,772,213534,972 705.12
IWM1,859,7211,281,64139,9963,181,3581,949,384 163.20
IFV2,690,00311,139232,701,1653,022 89,383.36
TVIX1,920,987720,16323,9212,665,070650,741 409.54
BABA818,3971,312,24693,8752,224,5181,106,112 201.11
SLS667,2661,339,716158,7382,165,7201,839,241 117.75
TQQQ1,108,6171,011,32925,7362,145,6821,085,200 197.72
GDX1,298,520650,568159,2392,108,3263,990,939 52.83
ATVI344,1871,692,5715,8762,042,633493,340 414.04
MSFT1,170,291811,02749,6402,030,9582,361,244 86.01
UNG1,550,000403,7422,1291,955,872119,977 1,630.21
SLB312,8501,492,73234,9391,840,521960,185 191.68

Data for 2019-07-16 to 2019-07-22 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.