Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
IAU 22,616,007180,9244,95922,801,891110,134 20,703.77
USO 18,425,765733,019104,60619,263,3901,162,318 1,657.33
IXUS 17,805,80977,49948917,883,79618,346 97,480.63
EWG 15,257,97928,5742,31415,288,86744,818 34,113.23
HMNY 7,548,1192,125,794460,08910,134,002641,516 1,579.70
EEM 9,147,126797,533138,45810,083,1171,146,450 879.51
HYS 9,044,1783,228809,047,486850 1,064,410.12
QQQ 7,196,437400,679204,7537,801,869565,733 1,379.07
XLF 6,534,327189,62498,5886,822,539968,652 704.33
BAC 6,047,133409,963178,4746,635,5691,697,555 390.89
UGLD 5,924,419118,5552,0206,044,99443,691 13,835.79
SPY 4,309,004572,6101,026,6465,908,2601,002,120 589.58
UVXY 4,305,947622,63976,9805,005,566459,353 1,089.70
GE 3,722,139571,007223,3574,516,5031,041,753 433.55
VXX 3,550,555727,154123,6264,401,336735,112 598.73
EFA 3,950,436142,363138,9334,231,731357,416 1,183.98
EWL 4,169,96547,3683,7164,221,0498,888 47,491.55
PWZ 3,915,381003,915,38181 4,833,803.70
TZA 3,658,34015,7906,9793,681,10996,392 3,818.89
GDX 2,942,956496,72057,0023,496,678736,272 474.92
SVXY 3,136,327176,9624,7203,318,009216,492 1,532.62
PGF 3,306,6313201,3893,308,340400 827,085.00
CHK 2,996,748226,26879,3133,302,329332,365 993.59
SHY 3,222,01011,5631,5783,235,15122,093 14,643.33
DWT 2,766,446377,35363,6303,207,429484,685 661.76

Data for 2018-07-16 to 2018-07-20 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.