Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY24,015,5768,253,018391,27632,659,8708,631,148 378.40
TQQQ16,395,6804,792,42439,84421,227,9484,054,530 523.56
QQQ12,394,8624,912,706318,36817,625,9364,879,286 361.24
SQQQ13,038,4233,160,82323,16216,222,4096,037,204 268.71
UVXY9,447,1972,653,86244,58212,145,6412,872,145 422.88
VXX9,107,9092,898,72073,53912,080,1674,102,858 294.43
SPXL9,361,6522,264,08215,07111,640,805805,460 1,445.24
AAPL5,380,7184,419,166766,59310,566,4768,482,439 124.57
UPRO9,079,9861,162,9572,27110,245,215480,718 2,131.23
SSO7,429,0521,301,5182,0328,732,602244,962 3,564.88
SH6,850,518392,1291,4907,244,1371,414,542 512.12
SDS5,264,3051,211,8352,0536,478,1931,476,489 438.76
SPXU5,493,709924,6755,4936,423,8771,803,978 356.10
SPXS5,118,403802,3976,0025,926,8013,187,510 185.94
VOO4,551,107741,4572,8365,295,400251,546 2,105.14
IVV4,039,291900,74422,6714,962,705263,516 1,883.27
SPLG4,108,089772,69404,880,782227,880 2,141.82
GE2,235,2081,771,560174,4444,181,2139,014,347 46.38
SLV2,989,703968,70264,0174,022,4233,427,506 117.36
IWM2,011,6751,900,41286,2623,998,3492,912,355 137.29
SVXY3,188,642766,2527693,955,663327,075 1,209.41
QLD3,305,638524,3621,6973,831,697273,151 1,402.78
VIXY3,166,362596,6855203,763,567468,734 802.92
ONDK22,1553,689,3832,4293,713,96785,895 4,323.85
PSQ2,747,341859,9351,6903,608,966681,611 529.48

Data for 2020-09-15 to 2020-09-21 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.