Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 34,223,241982,60529,33135,235,177270,163 13,042.19
XLF 11,476,587548,327359,74512,384,6591,626,638 761.37
USO 7,306,7864,280,73753,33111,640,8551,435,444 810.96
TZA 11,018,452175,50213,76511,207,719178,647 6,273.67
SCHO 10,708,44091,43532310,800,1995,676 190,278.35
SPY 6,963,8971,784,1371,173,2749,921,3071,530,359 648.30
VXX 7,507,7021,361,774305,7669,175,2422,117,114 433.38
BAC 7,036,8621,046,779208,0518,291,6921,513,753 547.76
IAU 7,221,667102,44563,6547,387,76663,960 11,550.60
SHY 7,155,03670,9556727,226,66310,581 68,298.49
GDXJ 6,288,745219,42626,4106,534,580503,323 1,298.29
LQD 5,979,636143,5473,9256,127,109102,676 5,967.42
EEM 3,827,3281,106,79785,5625,019,6881,606,097 312.54
DCTH 4,113,501420,340471,7985,005,639486,638 1,028.62
AMD 4,105,307648,767232,6854,986,758836,969 595.81
IWM 4,267,686432,405191,6744,891,765583,772 837.96
QQQ 3,930,285693,645161,9854,785,916577,399 828.88
PBR 4,013,797650,69588,7724,753,264659,812 720.40
GOVT 4,692,24053,8491,4174,747,5061,728 274,739.93
UCO 3,963,673716,10838,7374,718,518395,632 1,192.65
GDX 3,976,248509,618133,2414,619,1071,331,017 347.04
ITUB 3,307,085759,14690,8974,157,128594,144 699.68
F 3,460,937584,22163,9324,109,090819,812 501.22
GE 3,482,901346,644139,9213,969,466807,972 491.29
VALE 3,587,654283,07554,9243,925,654642,509 610.99

Data for 2017-05-19 to 2017-05-25 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.