Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 17,614,37711,258,931909,84929,783,1579,175,584 324.59
VXX 5,816,9162,787,826397,6609,002,4028,990,588 100.13
IWM 3,632,4671,954,492233,5545,820,5143,710,692 156.86
EWZ 1,572,8002,877,042351,1944,801,0362,825,711 169.91
QQQ 2,297,0001,854,273205,6034,356,8763,743,095 116.40
UVXY 2,462,8021,563,603149,4824,175,8873,532,474 118.21
AMD 1,117,8011,860,64397,7143,076,1584,735,667 64.96
EEM 1,119,9451,299,416450,2932,869,6555,286,715 54.28
MSFT 877,8301,672,72893,0952,643,6542,437,852 108.44
PBR 548,4621,991,78565,2532,605,5003,056,462 85.25
VIV 429,7572,133,5562,7522,566,065182,834 1,403.49
XLF 1,523,541898,704136,7702,559,0157,104,652 36.02
BAC 1,392,4661,084,51670,9602,547,9415,113,818 49.82
GDX 1,056,4331,181,029143,3922,380,8553,372,819 70.59
UCO 1,350,036883,8527,5272,241,415549,137 408.17
XIV 1,329,147663,11848,0512,040,3151,398,031 145.94
AAPL 1,029,056822,012184,9572,036,0252,143,537 94.98
RF 541,8351,414,87513,7251,970,4361,353,500 145.58
ITUB 230,7001,585,40432,4821,848,5861,738,246 106.35
CSCO 860,546935,52042,5731,838,6392,626,872 69.99
BBD 278,7211,520,65624,2221,823,5991,422,876 128.16
VALE 442,3341,338,91927,5751,808,8282,449,736 73.84
GLD 1,217,210463,32235,3221,715,854895,753 191.55
DGAZ 1,154,489482,14726,8071,663,443550,703 302.06
MU 827,269621,07638,6261,486,9711,581,105 94.05

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.