Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
USO 161,093,1784,113,4936,454165,213,1251,167,198 14,154.68
EEM 92,688,3543,187,708150,23396,026,2943,526,701 2,722.84
DWT 89,136,4611,771,7733,98190,912,214129,794 70,043.46
EWA 74,825,448506,95424,42675,356,828126,482 59,579.09
SQQQ 72,473,3791,636,892128,59074,238,8611,480,344 5,014.97
EFA 70,918,7911,298,310160,73372,377,8331,703,080 4,249.82
EWC 63,079,024823,4062,04963,904,480129,172 49,472.39
SH 63,186,930461,3199,52263,657,77197,354 65,387.94
IAU 57,852,5052,323,80814160,176,454586,287 10,263.99
ACWI 50,615,549220,0492,73650,838,33496,077 52,914.16
SDOW 48,174,865303,34366,55048,544,75860,535 80,192.88
VEU 40,513,328116,6612,91340,632,90185,234 47,672.17
GLDM 38,307,699343,7342038,651,4527,024 550,276.94
SPY 30,892,0664,904,7931,352,71437,149,5721,531,575 2,425.58
IEFA 32,261,680813,43613,48133,088,597576,439 5,740.17
EWG 29,140,871163,45467229,304,997222,294 13,182.99
VGSH 29,038,18054,19034029,092,71034,411 84,544.80
VEA 26,523,410750,64341027,274,463700,781 3,892.01
BIL 26,764,40620,90316,59126,801,90084,713 31,638.47
VWO 26,118,165469,79433,04626,621,006658,648 4,041.77
PSQ 26,207,36093,76510,17626,311,30284,109 31,282.39
UCO 24,623,420481,8643,41225,108,696174,329 14,403.05
UWT 23,974,459694,0396,15824,674,657199,763 12,351.97
IEMG 20,808,843395,09368,33821,272,274989,460 2,149.89
SCO 20,992,073189,4561,02021,182,54919,058 111,147.81

Data for 2019-03-11 to 2019-03-15 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.