Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
UWTI 6,147,8203,553,918232,2799,934,0172,211,380 449.22
SPY 4,898,7063,804,909979,1429,682,7576,331,943 152.92
UCO 2,977,3292,392,06239,3775,408,7681,375,998 393.08
USO 1,710,9803,512,93146,7595,270,6713,931,676 134.06
DGAZ 2,910,0981,411,17457,5754,378,847582,801 751.35
IWM 2,237,6571,825,157272,1574,334,9722,788,489 155.46
UNG 2,011,9902,048,74451,0924,111,8251,611,087 255.22
XLF 1,458,7411,742,235390,7733,591,7486,138,448 58.51
XOP 1,135,3671,979,50892,4863,207,3603,239,790 99.00
DRYS 972,7951,989,96871,0623,033,8251,031,527 294.11
EEM 1,014,9731,740,482277,8893,033,3444,790,655 63.32
BAC 1,749,103916,104106,1922,771,3995,869,331 47.22
GSS 917,8791,640,28142,1872,600,347179,456 1,449.02
XIV 1,104,8431,482,11610,0312,596,9901,808,357 143.61
WLL 556,2371,920,227118,8772,595,3421,918,651 135.27
GDX 997,0911,370,03778,4812,445,6093,531,055 69.26
XLE 842,5401,515,67375,2092,433,4223,427,057 71.01
QQQ 1,288,932896,446227,2282,412,6072,377,496 101.48
DWTI 1,878,866380,05199,0412,357,958204,030 1,155.69
VALE 956,1501,233,65832,1652,221,9732,637,245 84.25
CHK 713,6681,207,11476,0931,996,8753,440,318 58.04
XLI 352,5231,556,03937,8061,946,3681,577,056 123.42
TLT 633,3041,076,529157,6091,867,4431,560,261 119.69
GLD 1,226,020553,18233,1531,812,354698,682 259.40
OAS 548,9821,215,17143,9861,808,1401,261,920 143.28

Data for 2016-11-28 to 2016-12-02 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.