Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 33,170,985966,46927,97734,165,431243,989 14,002.86
XLF 15,837,015681,904572,00417,090,9231,830,283 933.79
SPY 9,837,1012,360,9591,352,07813,550,1371,692,560 800.57
TZA 12,746,128193,70418,66012,958,493186,081 6,963.90
VXX 10,093,8661,794,087503,71712,391,6702,557,774 484.47
SCHO 10,764,70791,23438310,856,3255,459 198,870.21
BAC 8,890,2971,098,225258,54710,247,0691,774,749 577.38
USO 5,941,2584,234,43047,21410,222,902856,804 1,193.14
IAU 7,089,854285,92099,1027,474,87764,414 11,604.43
EWZ 4,931,8041,372,117645,2156,949,1361,182,236 587.80
LQD 6,727,136159,0083,8286,889,973115,065 5,987.90
SHY 6,752,30981,0991,0876,834,49510,586 64,561.64
GDXJ 6,519,466263,24625,8556,808,566539,670 1,261.62
PBR 5,366,3651,096,482343,3376,806,1841,204,753 564.94
EEM 5,067,9241,585,28093,9306,747,1342,262,990 298.15
QQQ 5,375,5851,095,186186,9956,657,766731,342 910.35
BBD 4,743,1271,502,708326,6936,572,528794,374 827.38
AMD 4,857,603785,383299,1305,942,1161,002,823 592.54
IWM 5,175,939470,602204,6215,851,162615,135 951.20
ITUB 4,284,809967,444200,1675,452,420763,964 713.70
GDX 4,605,114673,270155,9555,434,3391,471,429 369.32
VALE 4,531,514630,386164,2605,326,160876,507 607.66
GOVT 4,809,80445,5115984,855,9121,387 350,101.80
UVXY 4,093,261479,666105,4384,678,3651,055,420 443.27
CSCO 3,561,407427,653349,1704,338,229952,595 455.41

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.