Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 10,418,6726,781,746636,80017,837,2176,420,330 277.82
VXX 3,386,9561,371,387207,6704,966,0144,898,498 101.38
UVXY 2,701,9551,244,25579,9124,026,1233,014,183 133.57
IWM 2,377,5981,298,375231,1943,907,1672,296,235 170.16
BAC 1,774,9391,574,733100,0143,449,6866,184,702 55.78
XLF 2,357,458799,79268,8613,226,1126,597,041 48.90
NUGT 1,425,0891,560,24181,6983,067,0282,228,627 137.62
GDX 1,345,8141,308,148187,1302,841,0924,009,642 70.86
QQQ 1,350,023692,11782,7342,124,8741,652,796 128.56
GDXJ 1,224,527738,62679,5902,042,7431,671,841 122.19
UCO 1,228,607688,06553,2271,969,899611,195 322.30
XIV 1,463,094445,89237,8931,946,8791,228,136 158.52
OCN 358,3501,332,34352,2031,742,896800,822 217.64
GLD 1,280,342379,72349,8571,709,922944,614 181.02
CYTR 1,441,809131,90597,6361,671,350148,594 1,124.78
XOP 608,011867,591100,2551,575,8561,863,915 84.55
EEM 782,782660,87771,7511,515,4092,743,140 55.24
KT 229,5971,267,7096,5111,503,817101,176 1,486.34
ECA 403,0031,046,49022,9041,472,3971,619,159 90.94
DGAZ 1,116,858300,26034,7411,451,859387,027 375.13
AMD 967,299463,53915,2991,446,1372,105,550 68.68
GE 507,013794,663112,2001,413,8762,001,641 70.64
WFT 493,654897,97012,1771,403,8011,605,269 87.45
BSJK 1,365,70120,2602581,386,2202,448 56,626.63
MU 851,437504,25316,7361,372,4261,428,945 96.04

Data for 2017-04-17 to 2017-04-21 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.