Bats BZX Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
SPY 5,627,0253,181,638675,8929,484,5555,677,770 167.05
DGAZ 2,719,5992,437,32659,6785,216,6031,480,880 352.26
BAA 3,743,43946,6517,1013,797,19151,382 7,390.12
BAC 1,986,1711,331,78579,5493,397,5065,668,507 59.94
RAD 457,1322,723,88292,4123,273,4251,880,118 174.11
VXX 1,837,4751,247,363182,0893,266,9263,858,334 84.67
CSX 1,025,2022,021,148130,8683,177,2182,928,535 108.49
UNG 1,198,6751,907,40115,6773,121,7531,232,267 253.33
IWM 1,795,6881,066,221246,4993,108,4081,899,541 163.64
XLF 1,292,4091,008,198302,8812,603,4875,108,909 50.96
QQQ 1,334,526808,24184,3732,227,1411,473,185 151.18
QCOM 817,8741,173,369160,8362,152,0781,780,778 120.85
NUGT 1,198,279756,47675,8782,030,6333,661,168 55.46
GDX 843,5671,021,18053,2581,918,0053,740,206 51.28
PIR 86,0111,803,8585,1551,895,024278,742 679.85
SSO 509,1921,225,20814,8101,749,210219,173 798.10
UGAZ 1,160,644385,656118,3451,664,645391,282 425.43
JNUG 912,904622,88967,2691,603,0622,891,678 55.44
GLD 1,070,095485,91710,6601,566,672702,558 223.00
UVXY 1,015,505512,49736,6281,564,6311,575,147 99.33
C 734,339720,88158,8341,514,0541,656,584 91.40
XIV 1,114,923382,07311,0711,508,0661,432,060 105.31
AAPL 607,569708,984147,4561,464,0102,081,096 70.35
REXX 1,075,074247,531122,7321,445,337277,909 520.08
EEM 528,311806,672109,0111,443,9942,768,669 52.15

Data for 2017-01-17 to 2017-01-23 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.