Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY 11,670,5394,361,647383,69316,415,8794,822,093 340.43
VXX 6,532,2981,829,42248,7188,410,4383,053,188 275.46
HMNY 5,490,5021,813,52391,8927,395,9171,915,721 386.06
UVXY 4,548,0271,270,73426,3435,845,1031,805,357 323.76
QQQ 3,400,9142,182,715124,5965,708,2252,489,159 229.32
PWZ 5,228,2007,58005,235,7801,270 412,266.14
IXUS 4,586,09212,5434154,599,05119,159 24,004.65
GE 1,319,4502,510,39283,1783,913,0203,210,986 121.86
IWM 1,824,2921,421,067241,4753,486,8342,897,769 120.33
USO 2,121,068790,553173,0203,084,6411,811,295 170.30
MSFT 1,439,9611,362,35268,1402,870,4532,876,570 99.79
FOXA 578,4092,050,53031,9782,660,9171,799,203 147.89
BAC 1,682,447751,58459,3002,493,3314,128,217 60.40
EEM 1,283,169828,68386,5282,198,3803,230,073 68.06
XLF 1,594,036516,61649,7482,160,4004,958,585 43.57
UCO 1,497,272570,18985,4932,152,954362,291 594.26
GLD 1,354,562675,94735,7562,066,265935,039 220.98
SVXY 1,719,944332,8621,3622,054,168790,257 259.94
AMD 1,181,265777,77516,4571,975,4973,219,712 61.36
IVV 851,7501,061,43550,5951,963,780359,681 545.98
VIXY 1,610,551223,7428921,835,185129,415 1,418.06
LBTYK 494,6871,289,2714,0261,787,984253,156 706.28
DWT 871,544378,118411,3611,661,024485,257 342.30
XLI 1,014,738576,2037,1491,598,0911,102,237 144.99
AAPL 791,902744,01446,7531,582,6691,571,614 100.70

Data for 2018-07-16 to 2018-07-20 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.