Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 229,903,5351,805,585136,457231,845,5761,683,619 13,770.67
IAU 105,928,7351,292,8321,144107,222,711404,094 26,534.10
RJI 100,074,15892,780297100,167,236543 18,447,004.79
EEM 80,684,6783,443,782244,09384,372,5523,542,875 2,381.47
SPY 54,050,0299,123,8471,817,04664,990,9222,151,931 3,020.12
GLDM 61,927,59989,10644162,017,1476,108 1,015,342.94
DWT 58,916,6431,496,26612,69660,425,605329,831 18,320.17
PSQ 51,816,90994,78016,16551,927,85456,480 91,940.25
BIL 47,053,11035,3391,25347,089,70237,974 124,005.11
DGAZ 44,084,4202,284,311474,27046,843,0001,571,390 2,980.99
SCHO 42,274,00647,03524142,321,2814,841 874,226.01
XLF 38,515,331547,483299,88939,362,7021,606,027 2,450.94
QQQ 30,838,4572,127,380431,25933,397,0961,299,537 2,569.92
BNO 28,241,111272,8635,06028,519,03451,022 55,895.56
TZA 27,428,961139,24831,83227,600,041380,135 7,260.59
EFA 23,791,966526,39796,39424,414,7571,464,856 1,666.70
GE 22,094,200977,926682,24623,754,3723,032,899 783.22
SHY 22,793,93554,3786,48322,854,79644,560 51,289.94
EWA 21,297,12352,48125,48921,375,09357,805 36,977.93
SCO 20,650,734221,0755,24520,877,05433,715 61,922.15
SDS 20,248,917410,442122,99220,782,35167,253 30,901.75
UCO 19,553,703358,13614,87919,926,718141,820 14,050.71
SPXS 18,360,945377,36669,12118,807,43263,509 29,613.81
TWM 18,683,13124,1938,79518,716,11922,230 84,193.07
VXX 16,338,452934,055343,29917,615,807922,777 1,909.00

Data for 2018-11-09 to 2018-11-15 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.