Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UNG 64,332,9593,952,5364,95968,290,454756,611 9,025.83
DGAZ 37,828,4144,136,27338,06142,002,748767,345 5,473.78
GOVT 36,271,007103,4202,37536,376,80110,506 346,247.87
BAC 26,934,5311,781,905207,56528,924,0013,039,982 951.45
IAU 22,428,268948,67671,36523,448,309396,171 5,918.73
USO 18,752,2392,393,70642,27121,188,216921,167 2,300.15
XLF 17,164,595498,193384,68718,047,4753,142,593 574.29
LQD 11,087,439293,9115,64611,386,995115,467 9,861.69
SPY 8,122,5021,083,5411,364,84610,570,8891,218,591 867.47
VALE 8,798,413436,98730,4509,265,850791,144 1,171.20
SHY 9,129,44311,2623,1249,143,82914,578 62,723.48
VXX 8,068,992856,074188,6079,113,6731,319,169 690.86
F 7,937,886571,25171,8818,581,0171,155,668 742.52
IWM 7,111,349638,064184,7407,934,153769,393 1,031.22
SHV 7,824,807104,6967237,930,22648,465 16,362.79
UCO 6,012,300991,7773,6557,007,732405,879 1,726.56
RF 6,639,268342,01824,0207,005,306840,055 833.91
GDX 5,955,688834,10489,1336,878,9252,516,924 273.31
AMD 6,154,495545,303146,7126,846,5101,028,328 665.79
GDXJ 6,494,658306,12230,8126,831,592500,888 1,363.90
PBR 4,479,7031,850,71918,0526,348,474516,006 1,230.31
DRYS 2,650,2353,262,764373,1986,286,197595,412 1,055.77
UVXY 5,464,528510,51931,6956,006,741624,770 961.43
FCAU 4,628,149874,431219,7865,722,365968,069 591.11
EEM 4,622,6881,036,24457,8615,716,7931,866,106 306.35

Data for 2017-01-10 to 2017-01-17 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.