Bats BYX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 87,853,5963,660,82038091,514,796655,428 13,962.60
XLF 46,952,5451,493,158164,67248,610,3759,995,200 486.34
BAC 33,762,8892,723,020194,30136,680,2106,407,616 572.45
VXX 25,272,5631,702,74561,53427,036,8424,516,525 598.62
NOK 21,288,982221,84241,14421,551,968600,255 3,590.47
SPY 14,203,2363,802,042246,90618,252,1842,733,037 667.84
TZA 14,986,256416,04938215,402,687618,266 2,491.27
GDX 14,157,518761,290231,29215,150,1002,763,453 548.23
F 13,802,2431,093,266185,12815,080,6372,752,259 547.94
EEM 12,020,7811,256,022122,03113,398,8344,405,724 304.12
VALE 12,766,073545,86540,66313,352,6011,880,694 709.98
AMD 11,014,485686,12820,34511,720,9581,860,033 630.15
USO 8,132,4762,906,16519,07411,057,7151,132,433 976.46
IWM 9,517,409635,24018,69610,171,345778,312 1,306.85
JNUG 9,702,296422,2918,88610,133,4731,294,159 783.02
MU 9,034,657771,08952,4099,858,1551,422,080 693.22
FTR 8,032,184933,681488,8999,454,7642,693,162 351.07
UVXY 8,695,171695,61811,0129,401,8011,424,591 659.96
RF 8,738,962353,68123,3649,116,0071,767,748 515.68
PBR 8,385,961393,60188,8168,868,3781,176,597 753.73
EFA 7,812,797861,1106,0558,679,9621,735,639 500.10
CHK 7,997,062495,19938,3668,530,6271,654,450 515.62
VALE.P 8,121,135118,20435,6438,274,982716,960 1,154.18
QQQ 7,782,359450,62628,8058,261,790691,384 1,194.96
NUGT 7,553,435443,0127,2188,003,6651,536,275 520.98

Data for 2017-03-22 to 2017-03-28 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.