Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
MLCO 2,333,92824,011,71212,86726,358,508436,526 6,038.24
SPY 4,243,2683,372,575351,4587,967,3014,286,399 185.87
QQQ 1,867,8372,257,317373,5524,498,7062,321,222 193.81
MSFT 853,7102,354,90078,1773,286,7872,228,565 147.48
VXX 1,705,7411,248,403239,1543,193,2984,354,963 73.33
GE 700,5982,157,58187,3442,945,5232,142,286 137.49
BAC 1,606,4461,017,469180,7552,804,6704,126,180 67.97
DCTH 1,430,5761,166,772188,0982,785,4461,077,393 258.54
AMD 1,725,223938,27724,7212,688,2213,488,151 77.07
XLF 1,286,153937,26189,8592,313,2734,469,393 51.76
NLY 735,5701,243,539219,1722,198,2811,698,940 129.39
UVXY 1,334,687805,15956,5442,196,3901,410,831 155.68
IWM 1,311,075772,017105,8792,188,9711,788,806 122.37
UCO 975,8791,191,1775,7442,172,800526,334 412.82
UWT 751,5431,265,14219,5592,036,244310,234 656.36
UGAZ 1,254,136610,66724,1231,888,925470,178 401.75
ECA 503,4601,314,85117,6891,836,0001,980,980 92.68
TVIX 913,934800,84338,2881,753,0651,196,093 146.57
CLF 650,9911,031,33914,5801,696,910773,293 219.44
ZVZZT 1,535,7338,5471181,544,39835,349 4,369.00
CX 259,8081,177,59510,8051,448,2071,063,842 136.13
WFM 100,6541,254,99320,5241,376,170687,776 200.09
XOP 617,659668,66281,9681,368,2891,531,616 89.34
GDX 647,281534,71125,4711,207,4642,062,525 58.54
XIV 779,924351,39828,2531,159,575686,364 168.94

Data for 2017-07-17 to 2017-07-21 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.