Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 6,042,4865,310,565599,33911,952,3906,260,108 190.93
RNVA 7,565,140482,221131,6498,179,010199,923 4,091.08
DGAZ 1,669,9202,033,86067,2703,771,0501,288,830 292.59
IWM 1,479,8511,482,653191,6043,154,1081,853,417 170.18
XLF 1,691,1471,090,617199,1182,980,8825,826,709 51.16
BAC 1,740,4231,059,946148,1902,948,5585,433,096 54.27
DIA 754,2091,716,40572,8672,543,481545,468 466.29
VXX 1,228,010794,931259,1932,282,1334,638,266 49.20
VALE 834,9341,397,79618,3052,251,0352,374,261 94.81
XIV 1,421,997551,28926,9282,000,2131,972,623 101.40
AMD 932,3301,041,79323,9871,998,1102,600,837 76.83
UNG 611,062991,64213,8861,616,590705,420 229.17
UVXY 873,372654,83155,6251,583,8281,501,131 105.51
EEM 927,536492,202131,1841,550,9212,710,591 57.22
ZSAN 720,119612,294132,9751,465,3871,160,688 126.25
GLD 1,018,998397,54018,7051,435,243624,604 229.78
JNUG 815,146525,19948,2101,388,5542,091,976 66.38
CSCO 679,921424,308281,6261,385,8562,249,083 61.62
UGAZ 940,806333,24994,4901,368,545405,938 337.13
CLF 576,965750,02924,0111,351,0051,908,615 70.78
NUGT 763,918530,64448,3321,342,8952,303,063 58.31
TMUS 364,687873,48695,2711,333,444559,253 238.43
GDX 688,191544,32281,1351,313,6482,850,694 46.08
BKD 303,618914,79583,8251,302,237749,548 173.74
MU 717,614554,28422,9321,294,8301,865,277 69.42

Data for 2017-02-13 to 2017-02-17 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.