Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 4,614,4642,931,172639,6268,185,2625,116,912 159.96
DGAZ 2,787,9162,330,18182,0125,200,1091,542,970 337.02
BAC 2,166,7241,827,822141,4504,135,9976,655,131 62.15
BAA 3,748,18356,1457,3813,811,70959,943 6,358.89
RNVA 3,214,026268,309318,0233,800,358659,604 576.16
IWM 2,073,1061,248,169278,7203,599,9952,212,972 162.68
UNG 1,231,1392,101,77446,8273,379,7401,160,916 291.13
VXX 2,005,2151,162,842150,2593,318,3163,927,037 84.50
PIR 92,4242,523,7116,2222,622,357296,873 883.33
XLF 1,165,906892,605327,1462,385,6575,406,086 44.13
CSX 794,7551,470,896110,0042,375,6552,546,557 93.29
NUGT 1,535,279725,68487,3622,348,3253,392,442 69.22
UVXY 1,391,428580,00445,0282,016,4601,710,579 117.88
GDX 948,288950,47973,8651,972,6313,748,334 52.63
QQQ 1,243,466621,564103,8511,968,8811,402,799 140.35
XIV 1,254,180436,47620,5791,711,2351,533,801 111.57
FCAU 475,4791,129,410102,0351,706,9232,069,413 82.48
AMD 695,964949,19539,2231,684,3823,214,339 52.40
GDXJ 797,022811,04562,0311,670,0981,899,226 87.94
UGAZ 1,179,129328,32790,9661,598,422375,337 425.86
SSO 487,9231,095,14912,3591,595,431179,953 886.58
C 780,501731,78048,9921,561,2731,604,054 97.33
AAPL 565,913741,257223,3731,530,5432,266,342 67.53
JNUG 919,440525,99377,9251,523,3582,414,553 63.09
SCHW 726,587758,09124,2671,508,945809,046 186.51

Data for 2017-01-12 to 2017-01-19 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.