Bats BYX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 69,982,6463,366,2677,66073,356,573882,980 8,307.84
XLF 32,399,8991,202,338145,14033,747,3786,966,669 484.41
VXX 27,017,7452,381,19166,48829,465,4254,623,113 637.35
BAC 21,066,0781,950,578133,83723,150,4934,248,853 544.86
TZA 15,988,961294,0951,14716,284,2031,020,228 1,596.13
USO 10,291,0372,959,53767,73913,318,3131,659,876 802.37
EEM 11,147,2361,593,941118,36212,859,5395,011,206 256.62
SPY 10,203,3982,558,03393,36112,854,7931,978,194 649.82
BBD 8,736,8743,606,868195,22612,538,9682,046,875 612.59
PBR 10,378,5591,524,419381,35512,284,3332,893,339 424.57
GDX 10,884,001775,241221,56611,880,8093,273,403 362.95
IWM 10,579,468507,62315,99311,103,084773,482 1,435.47
ITUB 8,930,4221,711,016152,81610,794,2542,173,711 496.58
AMD 9,415,9451,052,30342,72110,510,9691,945,174 540.36
F 9,131,592799,62595,11810,026,3362,116,838 473.65
QQQ 8,757,1841,025,37329,0979,811,6541,098,993 892.79
GE 9,118,864577,54074,7239,771,1272,229,775 438.21
VALE 8,551,666889,407243,8109,684,8832,024,828 478.31
IAU 8,305,003675,04608,980,050408,044 2,200.76
EWZ 7,097,7621,462,384345,7608,905,9061,779,158 500.57
UVXY 6,828,6541,106,58426,8977,962,1351,487,341 535.33
ABX 7,526,200194,3278,0237,728,549736,863 1,048.84
CSCO 6,381,330729,626172,0377,282,9932,527,537 288.15
PFE 6,845,084287,52412,7307,145,3381,728,052 413.49
EFA 6,344,098645,30094,6237,084,0211,775,193 399.06

Data for 2017-05-18 to 2017-05-24 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.