Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
RJI 30,606,65302030,606,67320 153,033,365.00
IAU 29,813,781459,3808,78330,281,945149,918 20,199.01
USO 23,853,440332,7304,16024,190,331298,122 8,114.24
DWT 23,566,240246,50031,04323,843,783117,995 20,207.45
GLDM 21,052,9686,9402021,059,92812,940 162,750.60
EEM 16,272,5771,350,615178,67617,801,8682,137,205 832.95
QQQ 11,802,216598,327157,71712,558,260795,531 1,578.60
EWG 11,413,60360,4961,60811,475,70772,636 15,798.92
AMD 8,793,6301,681,517603,95111,079,0981,697,164 652.80
UGLD 9,559,479102,33109,661,81021,820 44,279.61
HMNY 8,527,456442,12590,2009,059,781191,612 4,728.19
TZA 8,557,98624,72315,6438,598,353108,149 7,950.47
EZU 8,386,22736,2948,4158,430,936110,239 7,647.87
NIO 5,036,3591,739,7921,593,5068,369,6581,317,112 635.46
PSQ 7,638,57312,4756507,651,69813,835 55,306.82
HEWJ 6,859,806362,7433,3937,225,942152,112 4,750.41
XLF 6,571,397378,568125,7917,075,757635,497 1,113.42
SPY 5,050,756820,392961,2736,832,4211,223,323 558.51
GDX 6,326,059374,21045,6916,745,959945,762 713.28
BAC 6,408,094212,21059,2196,679,524698,082 956.84
EFA 6,302,938239,733134,5636,677,234809,807 824.55
VGK 6,092,91428,1751,3196,122,40866,989 9,139.42
EWL 5,933,65825,7325075,959,8976,602 90,274.11
TBF 5,211,542583,0383685,794,94835,256 16,436.77
SCO 5,074,752126,0411,3235,202,11644,017 11,818.42

Data for 2018-09-12 to 2018-09-18 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.