Cboe BZX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY10,707,7155,162,068443,65416,313,4375,211,870 313.01
VXX9,110,5721,604,62967,42110,782,6233,019,706 357.08
UVXY8,699,4261,387,11128,75510,115,2911,369,651 738.53
CHK1,988,2886,344,442225,8608,558,5902,988,758 286.36
VIXY6,891,683565,3325,5997,462,614135,040 5,526.22
CYTK5,785,802112,2185,3955,903,41648,549 12,159.71
QQQ3,801,3691,547,355110,5335,459,2571,703,223 320.53
DWT3,938,6091,150,8268,0465,097,4801,108,970 459.66
SVXY4,502,222394,3622,1054,898,689327,586 1,495.39
TVIX3,414,5531,295,75021,9144,732,2172,090,143 226.41
UGAZ3,800,191768,04227,3244,595,557641,400 716.49
CTMX3,822,133318,5031,5554,142,19134,456 12,021.68
CBAY4,063,0295,2591,9954,070,28351,457 7,910.07
UWT3,301,481674,61228,0014,004,094577,762 693.04
AMD2,024,1431,870,14491,6823,985,9694,698,923 84.83
USO3,001,439684,77288,2623,774,4721,245,684 303.00
TQQQ2,938,848601,4549,7153,550,017826,718 429.41
SQQQ3,061,776445,94915,7033,523,428489,435 719.90
AUPH3,006,544183,6462,1453,192,335162,369 1,966.10
SPXU2,318,130388,8255,3832,712,337228,820 1,185.36
IWM1,429,6061,161,64032,9092,624,1561,378,368 190.38
UCO2,187,905264,8892,0022,454,797173,558 1,414.40
IVV1,693,793647,86613,0842,354,743198,206 1,188.03
UNG1,875,573408,1037,4562,291,132436,050 525.43
SCO2,120,547162,4591,7402,284,746107,962 2,116.25

Data for 2019-11-15 to 2019-11-21 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.