Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 15,209,5149,553,8571,010,95125,774,3219,550,009 269.89
IWM 3,732,5693,135,534358,8807,226,9833,557,510 203.15
XLF 3,873,8331,416,8261,167,2316,457,8919,132,126 70.72
VXX 2,784,9981,452,431223,7864,461,2156,246,854 71.42
BAC 2,270,2681,478,289140,3213,888,8787,451,960 52.19
UVXY 1,961,5501,232,04989,4043,283,0033,001,947 109.36
QQQ 2,030,927811,632120,9152,963,4742,282,714 129.82
AMD 1,409,3131,006,15632,0462,447,5153,516,251 69.61
MU 1,205,1751,084,645139,6702,429,4912,637,796 92.10
EEM 1,260,508991,244128,7482,380,5003,875,808 61.42
GDX 1,305,123971,40770,2572,346,7873,570,454 65.73
JNUG 1,397,877766,07040,9812,204,9282,408,703 91.54
NUGT 1,376,836687,51634,1042,098,4562,947,566 71.19
F 1,350,757635,97955,7782,042,5133,869,384 52.79
GDXJ 1,142,344705,09674,7701,922,2101,916,423 100.30
UNG 722,5811,185,2403,0711,910,893870,359 219.55
IVV 1,581,594268,22342,4751,892,292492,131 384.51
KRE 601,7201,039,986114,6021,756,3091,529,638 114.82
XIV 1,175,756443,78746,7341,666,2781,085,728 153.47
AAPL 821,677539,895127,0091,488,5812,010,083 74.06
SNAP 604,738691,660191,7541,488,152829,505 179.40
UCO 737,704690,47753,3461,481,527466,191 317.79
DGAZ 1,028,760349,84252,9061,431,507520,969 274.78
FTSM 1,410,80113,6551991,424,6553,965 35,930.77
UGAZ 1,035,440269,59083,6541,388,684418,571 331.77

Data for 2017-03-20 to 2017-03-24 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.