Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 63,920,0714,930,53212,73768,863,340906,607 7,595.72
DGAZ 34,776,9764,078,47535,88638,891,336851,250 4,568.73
GOVT 33,722,678173,5151,05533,897,24711,302 299,922.55
USO 28,048,4054,568,85751,30532,668,566979,468 3,335.34
BAC 23,478,8881,545,652188,37425,212,9142,722,999 925.92
IAU 19,782,469864,00380,90520,727,377435,459 4,759.89
XLF 15,582,465442,075357,41216,381,9512,896,800 565.52
UCO 9,382,3671,787,11012,98911,182,466501,305 2,230.67
SPY 7,791,0041,046,1031,346,24510,183,3521,191,137 854.93
GDXJ 8,980,655430,70842,2389,453,602587,280 1,609.73
VALE 8,156,671415,85831,6988,604,227820,953 1,048.08
VXX 7,364,965808,765178,7948,352,5251,247,250 669.68
F 7,373,883519,59656,3847,949,8621,043,722 761.68
LQD 7,453,076254,7585,2237,713,056113,686 6,784.53
IWM 6,835,838606,412195,0927,637,343739,136 1,033.28
UVXY 6,078,689554,05840,4526,673,199626,862 1,064.54
GDX 5,724,574796,72776,6936,597,9942,313,326 285.22
PBR 4,549,0251,853,64815,7266,418,399558,278 1,149.68
AMD 5,502,228603,237115,8426,221,307887,857 700.71
SHV 5,978,66884,0737236,063,46447,322 12,813.20
EWG 5,940,60859,45829,0306,029,09581,900 7,361.53
RF 5,571,713253,71316,6475,842,073708,717 824.32
FCAU 4,681,323863,711217,4125,762,446947,593 608.11
DRYS 2,455,0702,907,890309,4615,672,421594,492 954.16
EEM 4,566,6551,054,62746,1385,667,4201,825,160 310.52

Data for 2017-01-09 to 2017-01-13 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.