Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY7,358,2524,159,237369,09111,886,5795,457,342 217.81
VXX9,955,2741,822,44281,95811,859,6742,908,494 407.76
UVXY7,312,6441,228,70815,9748,557,326861,089 993.78
CHK2,283,2432,293,580198,8474,775,6701,446,542 330.14
SVXY3,862,355313,0972,6384,178,089265,253 1,575.13
DWT2,776,1671,056,10610,0463,842,319630,043 609.85
QQQ2,399,1411,304,71463,6523,767,5071,600,004 235.47
DNKN3,488,2955,5235113,494,32932,242 10,837.82
NIO1,578,0121,486,603252,8673,317,4827,782,185 42.63
UWT2,538,105618,1378,4953,164,736267,000 1,185.29
INTC1,123,1151,910,39537,8403,071,3491,779,158 172.63
NXGN2,228,069519,3153852,747,76916,757 16,397.74
IWM1,258,4801,373,18549,3152,680,9801,462,767 183.28
TQQQ1,855,853731,55339,2502,626,656917,163 286.39
BLDP726,3761,656,70012,5792,395,655700,783 341.85
MSFT957,8671,194,00349,3302,201,1991,846,272 119.22
TTNP973,3891,041,579161,4682,176,4351,748,264 124.49
GDX1,489,131509,995100,7472,099,8722,962,398 70.88
USO1,610,034450,5933,1102,063,737606,864 340.07
SQQQ1,710,699308,83819,3392,038,875424,476 480.33
UCO1,759,178269,0262,1342,030,337136,231 1,490.36
ONTX740,4021,236,37632,4792,009,257447,130 449.37
AMD1,001,421941,93662,5312,005,8882,881,872 69.60
AAPL1,169,639745,75681,8151,997,2102,623,880 76.12
GLD1,464,381364,42410,8061,839,611341,791 538.23

Data for 2020-01-15 to 2020-01-22 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.