Cboe EDGA U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
UNG 43,925,891614,45018,17244,558,513220,788 20,181.58
USO 8,828,0211,303,3556,00310,137,379540,559 1,875.35
SPY 7,411,8891,386,3321,090,1739,888,3941,370,473 721.53
GE 7,204,8951,815,389445,6509,465,9342,550,753 371.10
XLF 8,008,802210,131542,2658,761,1991,526,215 574.05
VXX 7,242,2681,144,318191,8648,578,450979,291 875.99
UGAZ 7,045,000928,56735,1618,008,728331,199 2,418.10
IEFA 7,262,908117,8664,2157,384,989109,590 6,738.74
UVXY 6,253,433755,22143,8827,052,536774,556 910.53
BAC 5,096,809577,922184,3185,859,0501,275,597 459.32
EEM 4,626,408625,221269,6145,521,2431,407,551 392.26
QQQ 4,592,619463,675130,3865,186,680496,122 1,045.44
ARGS 2,749,220303,873643,0873,696,180274,341 1,347.29
TVIX 3,251,405290,27110,4913,552,166370,228 959.45
GOVT 3,445,75190,6381,6143,538,0038,425 41,994.10
EFA 3,018,925304,288133,9383,457,151386,217 895.13
JNK 2,963,578408,36966,4123,438,359305,891 1,124.05
VALE 3,202,343150,75422,6623,375,759470,656 717.25
TZA 3,067,599119,1531,9973,188,749212,166 1,502.95
BOIL 2,911,020271,0411,2803,183,34133,874 9,397.59
AMD 2,426,611295,787299,4993,021,897374,453 807.02
GBIL 3,021,048003,021,048453 666,898.01
SPXS 2,992,06825,3283803,017,7766,437 46,881.72
PFF 2,733,211127,75326,5832,887,54722,411 12,884.51
TLT 2,372,248235,30321,7722,629,323321,148 818.73

Data for 2017-11-10 to 2017-11-16 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.