Cboe EDGX U.S. Equities Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityCboe ADVLiquidity Opportunity
(% of ADN)
SPY44,708,02125,188,889663,93370,560,84314,007,316 503.74
SPXU33,903,2108,716,134283,77342,903,1164,481,605 957.32
SPXL28,914,9525,452,615161,94434,529,5113,687,080 936.50
SPXS24,806,0145,249,564320,96130,376,5396,322,746 480.43
TQQQ18,276,5428,329,918460,84627,067,3065,306,016 510.12
SDS22,239,9144,528,03563,64826,831,5982,840,036 944.76
SQQQ21,060,6445,412,965326,63126,800,2408,172,146 327.95
UPRO20,831,6253,453,93977,07724,362,6411,781,459 1,367.57
QQQ14,238,6375,029,826118,15919,386,6224,389,215 441.69
SH14,484,6792,271,917137,89616,894,4923,693,569 457.40
LK2,820,12811,150,239674,09614,644,46310,447,298 140.17
UCO8,648,3273,062,841970,46412,681,6319,425,791 134.54
IWM6,694,1095,770,95292,88912,557,9494,664,360 269.23
CCL5,083,9795,602,5281,427,95712,114,46412,698,423 95.40
USO8,610,0442,712,101615,26311,937,40916,177,546 73.79
TOPS2,806,4495,639,4391,593,37410,039,26213,219,743 75.94
SPLG9,106,097887,3857,34610,000,829517,888 1,931.08
QID7,472,2182,187,12432,5209,691,862880,898 1,100.23
TRNX2,250,6826,891,672213,6869,356,0404,172,246 224.24
IVV6,575,1381,489,18423,6488,087,970717,214 1,127.69
VOO6,303,5191,554,3209,4587,867,298675,896 1,163.98
VXX6,406,4471,158,53243,1537,608,1331,653,539 460.11
VCIT6,521,012874,1472,4447,397,603131,030 5,645.73
AAL3,123,0803,362,658215,5626,701,2997,304,915 91.74
UWT2,570,7983,574,854527,6906,673,34218,299,999 36.47

Data for 2020-04-01 to 2020-04-07 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.