Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SQQQ 587,055,2072,896,768172,569590,124,5441,509,543 39,092.93
USO 245,973,2742,144,08526,145248,143,504555,157 44,697.90
DWT 178,916,8431,819,93810,256180,747,037220,901 81,822.64
SH 150,784,058288,7245,087151,077,86977,895 193,950.66
PSQ 128,439,716158,01519,209128,616,94089,133 144,297.78
EEM 114,260,4482,951,010406,561117,618,0193,009,585 3,908.11
IAU 64,258,8921,204,29016765,463,349160,576 40,767.83
VGSH 59,648,908651,9661160,300,88522,722 265,385.46
RJI 59,906,2300059,906,2300 n/a
SHY 57,988,6601,082,4012,67459,073,73549,720 118,812.82
EWC 54,230,628226,12016,83754,473,586202,381 26,916.35
TZA 52,776,971184,73436,91652,998,621326,339 16,240.36
EWG 50,350,2961,114,43422,30251,487,031256,239 20,093.36
EWA 44,553,41167,07219,24844,639,73162,975 70,884.84
XLF 43,346,634335,46859,68643,741,7881,260,988 3,468.85
SPY 36,145,5273,614,2301,899,02941,658,7861,277,641 3,260.60
SCO 38,161,675162,8046,51438,330,99226,968 142,135.09
ILF 36,138,8631,562,82281337,702,498139,756 26,977.37
SDOW 37,130,266277,349132,55737,540,17254,840 68,454.00
EFA 33,271,564403,936114,98633,790,486926,366 3,647.64
GLDM 32,326,87276,6001,97332,405,4457,961 407,052.44
IEMG 32,005,058213,46234,58032,253,100332,878 9,689.17
VXX 30,634,5421,269,702321,29332,225,537784,803 4,106.19
BNO 31,247,225270,19142431,517,84050,063 62,956.35
VWO 29,232,419258,96227,27829,518,659563,878 5,234.94

Data for 2019-05-13 to 2019-05-17 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.