Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 14,758,4711,267,72449,02416,075,218343,406 4,681.11
USO 7,818,359987,89435,3688,841,620395,540 2,235.33
EEM 5,107,844884,32668,5876,060,7571,416,210 427.96
SDRL 4,579,740913,694515,2266,008,660473,508 1,268.97
SPY 3,531,7171,014,1781,067,2925,613,1871,193,451 470.33
XLF 4,035,527221,890216,0794,473,4961,319,836 338.94
AMD 3,496,166376,767222,7724,095,705546,091 750.00
RAD 3,339,522449,203300,8274,089,552681,035 600.49
EFA 3,200,349536,89334,5403,771,782417,620 903.16
QQQ 2,270,494574,475166,0223,010,991667,212 451.28
BAC 2,525,108350,24093,6712,969,0191,465,449 202.60
VALE 2,650,363168,56126,9472,845,870678,150 419.65
ORCL 1,843,456632,509134,6092,610,573529,289 493.22
VXX 1,978,169402,554220,4402,601,164534,951 486.24
DCTH 1,878,595329,225331,7852,539,6051,319,670 192.44
ECA 2,302,181156,6009,5082,468,289366,431 673.60
GDXJ 2,121,120242,2634,6532,368,036390,426 606.53
UGAZ 1,931,367298,10892,7362,322,211240,909 963.94
CHK 1,795,818475,21238,6962,309,726540,079 427.66
EZU 2,195,10885,87912,3172,293,304165,616 1,384.71
TBT 2,243,48343,1901,5652,288,23879,356 2,883.51
TLT 2,081,979162,05711,5562,255,592237,385 950.18
UCO 1,940,235301,4868,6982,250,419164,004 1,372.17
RIG 1,747,991421,76216,7402,186,493370,717 589.80
T 1,319,950683,59749,4582,053,005613,364 334.71

Data for 2017-09-13 to 2017-09-19 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.