Bats BYX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 97,948,4445,151,537118103,100,099801,734 12,859.64
XLF 52,198,5501,607,980218,11654,024,64510,785,111 500.92
BAC 39,335,9413,362,383260,66342,958,9887,242,633 593.14
VXX 26,200,6601,907,26557,71628,165,6414,564,686 617.03
NOK 23,459,487252,97242,56723,755,027673,383 3,527.71
TZA 19,190,162359,80382219,550,787764,184 2,558.39
SPY 13,889,4153,551,290254,93117,695,6352,830,285 625.22
F 15,618,3011,158,908210,63916,987,8473,176,812 534.75
AMD 14,336,8151,125,72938,27915,500,8232,549,948 607.89
GDX 14,310,307772,332230,54415,313,1842,875,699 532.50
EEM 13,167,0091,528,693126,87114,822,5735,048,303 293.61
IWM 13,129,690810,52731,45113,971,668859,846 1,624.90
USO 10,339,2523,287,86216,26213,643,3761,149,398 1,187.00
VALE 12,496,862465,70739,01113,001,5791,968,574 660.46
UVXY 8,813,8321,664,34910,77910,488,9591,403,617 747.28
RF 10,080,566311,20831,09310,422,8671,981,950 525.89
QQQ 8,866,690474,23822,6269,363,554672,834 1,391.66
MU 8,557,734747,48651,8889,357,1091,462,173 639.95
JNUG 8,818,972405,6079,3509,233,9291,191,316 775.10
EFA 8,227,0271,001,8694,7369,233,6321,682,349 548.85
PBR 8,642,625397,89082,7849,123,2991,275,693 715.16
FTR 7,641,866885,725494,7249,022,3142,518,662 358.22
VALE.P 8,305,707131,05725,0018,461,765929,593 910.27
NUGT 7,533,468429,9735,9087,969,3481,409,590 565.37
PBR.A 7,530,521146,07222,9717,699,564999,008 770.72

Data for 2017-03-20 to 2017-03-24 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.