Bats BYX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 69,256,0643,077,5315,92672,339,521471,093 15,355.68
VXX 33,627,5263,161,87577,59536,866,9966,042,233 610.16
XLF 33,737,5021,321,121184,13235,242,7557,339,401 480.19
BAC 23,213,3591,808,858100,78925,123,0065,047,128 497.77
TZA 21,195,856298,7211,58121,496,1581,206,029 1,782.39
SPY 14,279,1814,013,811136,04118,429,0332,580,732 714.10
AMD 16,141,0712,028,887186,83218,356,7903,475,955 528.11
IWM 14,251,958705,02824,35514,981,340883,642 1,695.41
EEM 11,654,8901,488,903136,10313,279,8965,626,207 236.04
QQQ 11,063,5731,412,86515,29612,491,7341,339,626 932.48
GDX 11,000,401721,727217,82611,939,9543,144,181 379.75
SPHD 11,694,2615,141011,699,4027,859 148,866.29
USO 8,504,1282,978,02769,53711,551,6921,428,423 808.70
BBD 7,146,0243,949,259176,76511,272,0481,555,886 724.48
UVXY 9,210,1601,652,32234,64310,897,1252,031,361 536.44
GE 9,687,125927,11672,22110,686,4622,514,567 424.98
PBR 8,875,3011,428,018381,01510,684,3342,616,579 408.33
IAU 9,382,337862,375010,244,711442,668 2,314.31
PFE 8,326,890597,74228,8988,953,5292,137,250 418.93
VALE 7,774,227873,813252,7178,900,7582,205,780 403.52
EFA 7,927,038701,283112,7758,741,0962,188,421 399.42
F 7,986,705671,87961,0418,719,6252,193,650 397.49
ITUB 7,116,581842,583146,7238,105,8861,427,966 567.65
PEY 8,013,99513,7908608,028,64511,559 69,457.95
EWZ 6,262,3701,208,643336,9087,807,9211,558,544 500.98

Data for 2017-05-15 to 2017-05-19 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.
Bats ADV
Average Daily Volume for the last week of shares matched on Bats for the security shown.
Liquidity Opportunity
Percentage of the ADV missed, exhausted or routed. The higher the percentage the larger the market making opportunity.