Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 42,293,2564,759,47826,13247,078,866929,999 5,062.25
DRYS 1,773,94918,440,102187,10220,401,153495,950 4,113.55
DGAZ 17,003,0142,597,10318,34019,618,457923,705 2,123.89
USO 13,181,5421,730,78820,44314,932,772897,726 1,663.40
XLF 13,401,331514,726261,03914,177,0962,631,085 538.83
IAU 13,515,737127,6424,40913,647,788106,423 12,824.10
SPY 6,860,8081,693,3531,931,48710,485,6491,831,494 572.52
BAC 8,901,837953,154157,76110,012,7521,975,580 506.83
GOVT 9,862,591118,9091,0049,982,5056,522 153,058.95
AMD 6,850,398883,353102,6617,836,4111,061,107 738.51
VXX 6,599,363571,380211,4167,382,1591,446,277 510.42
LQD 5,851,030143,4598505,995,33983,380 7,190.38
VALE 5,106,803492,78674,6985,674,288765,002 741.74
CHK 4,401,337615,12096,4895,112,9471,272,939 401.66
GDX 4,095,398444,47991,5504,631,4261,769,885 261.68
VALE.P 3,775,017152,55414,3933,941,964436,420 903.25
FCX 3,288,701325,47979,2953,693,474626,705 589.35
DIA 3,515,410158,9585,8913,680,25965,548 5,614.60
EFA 3,163,730379,40449,2453,592,378568,015 632.44
EEM 2,711,993622,05547,6643,381,7121,341,504 252.08
CSCO 3,072,703176,28861,5493,310,539546,561 605.70
EWZ 2,942,888305,70832,0453,280,641562,132 583.61
UGAZ 3,043,491185,78737,5043,266,783165,802 1,970.29
PFE 3,001,016217,07023,8553,241,941727,777 445.46
AKS 2,984,454207,31118,2883,210,053365,715 877.75

Data for 2017-02-17 to 2017-02-24 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.