Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 12,185,1806,394,375572,37219,151,9285,190,469 368.98
VXXB 6,058,1341,437,106141,3257,636,5662,809,361 271.83
QQQ 3,299,8231,300,455163,5854,763,8632,650,016 179.77
UVXY 3,183,086456,73210,4283,650,247432,147 844.68
USO 2,182,2371,222,7681803,405,185906,556 375.62
INTC 2,021,0201,175,72938,0093,234,7581,522,340 212.49
SVXY 2,708,273457,9742,3193,168,566485,780 652.26
RODM 3,106,5719,566663,116,20410,715 29,082.63
VIXY 2,713,297345,1061,7243,060,127124,030 2,467.25
IWM 1,460,8671,297,649128,1362,886,6521,997,558 144.51
GE 1,620,5941,191,54646,6772,858,8163,956,774 72.25
UWT 2,039,987728,3099,4482,777,745305,430 909.45
FOXA 279,6631,986,85026,2472,292,7591,322,252 173.40
DWT 1,726,468418,58013,9972,159,044203,066 1,063.22
UCO 1,639,989447,5163,3412,090,846182,276 1,147.08
SBUX 619,3301,327,48713,1401,959,957753,091 260.26
EEM 1,085,932652,971160,9441,899,8473,520,841 53.96
MSFT 1,091,571697,42764,2851,853,2832,242,346 82.65
AMD 1,024,656771,82917,5451,814,0312,182,470 83.12
TVIX 981,724793,16119,1911,794,077422,180 424.96
FOX 655,8371,118,23218,1971,792,266883,367 202.89
AAPL 1,093,108617,84459,6571,770,6092,021,103 87.61
UPRO 1,266,828455,03636,1251,757,989238,126 738.26
MU 1,001,668716,79721,1631,739,6271,267,943 137.20
ACWI 1,480,28789,4262,5531,572,267155,483 1,011.21

Data for 2019-03-11 to 2019-03-15 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.