Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 195,636,8831,823,21966,254197,526,355955,521 20,672.11
BIL 79,017,94247,82870479,066,47348,432 163,252.55
EEM 64,863,1541,780,871320,17866,964,2032,818,127 2,376.20
IAU 60,557,082910,5139,51261,477,10793,495 65,754.43
DWT 47,015,475715,4607,64847,738,58358,863 81,101.17
GLDM 44,653,602725,01318745,378,8038,571 529,445.84
UCO 41,071,924464,1356,59141,542,65095,391 43,549.86
SHY 40,534,438334,07533,13540,901,64951,044 80,130.18
SH 38,209,783229,70531,94738,471,43674,836 51,407.66
SCHO 37,598,766375,4077,57037,981,7439,607 395,354.88
PSQ 28,982,62953,6186,07529,042,32226,870 108,084.56
XLF 28,351,541536,17976,16728,963,8871,446,602 2,002.20
SPY 21,947,9812,597,6011,608,89726,154,4791,048,069 2,495.49
UWT 24,741,065513,95417,44425,272,46391,967 27,479.93
BBJP 24,945,30536,1621,08824,982,55416,807 148,643.74
EFA 23,432,727490,69143,90623,967,3251,472,043 1,628.17
BNO 22,190,140172,949022,363,0909,115 245,343.83
EWJ 20,735,781376,77815,71121,128,270312,189 6,767.78
EWA 20,596,954156,4112,67720,756,043124,334 16,693.78
BAC 18,334,481767,327149,41519,251,2232,131,376 903.23
STIP 17,590,58182,82846517,673,8749,864 179,175.53
PCG 8,803,2384,849,0712,312,04815,964,3572,368,388 674.06
GE 14,035,263458,49741,19414,534,9531,880,365 772.99
VTIP 14,341,27585,0971,42914,427,80115,253 94,589.92
QQQ 11,369,183894,234470,81612,734,233661,392 1,925.37

Data for 2019-01-14 to 2019-01-18 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.