Bats EDGA Exchange Maker Opportunity

SymbolMissed LiquidityExhausted LiquidityRouted LiquidityVolume OpportunityBats ADVLiquidity Opportunity
(% of ADN)
GOVT 50,559,650671,42927751,231,35613,548 378,147.00
UNG 36,743,9983,469,0682,35540,215,421394,867 10,184.55
DGAZ 18,960,0382,673,73223,41621,657,187861,393 2,514.21
IAU 19,592,185897,7569,49720,499,438199,701 10,265.07
XLF 16,528,111587,366103,20917,218,6862,226,098 773.49
BAC 15,325,5981,370,999210,63416,907,2322,714,928 622.75
USO 11,352,534907,7053,81712,264,056745,280 1,645.56
SPY 5,867,2091,384,3891,903,7469,155,3441,800,098 508.60
VXX 7,304,172728,339274,2158,306,7271,794,763 462.83
VALE 7,323,066605,403158,2368,086,706972,204 831.79
LQD 6,860,912260,9907817,122,68383,169 8,564.11
AMD 5,230,360601,62566,9795,898,964745,937 790.81
GDX 4,049,693514,190112,5434,676,4251,562,455 299.30
CLF 3,541,1081,077,76043,6834,662,551490,919 949.76
CSCO 3,894,753383,07591,7894,369,617825,995 529.01
VALE.P 4,224,141112,42725,6274,362,196373,013 1,169.45
GRPN 3,667,863469,402192,1974,329,462716,083 604.60
PFE 3,993,318261,34434,8224,289,484812,251 528.10
IWM 3,609,970353,858183,4894,147,317586,314 707.35
ZSAN 2,705,4821,041,887294,9664,042,335908,071 445.16
GDXJ 3,766,905200,0219,1583,976,084502,910 790.62
MU 3,592,505290,66558,3373,941,507530,996 742.29
AKS 3,679,999178,37444,6083,902,981433,245 900.87
ITUB 3,693,360160,0406,3873,859,788400,555 963.61
RF 3,538,755185,5348,6663,732,955457,143 816.58

Data for 2017-02-13 to 2017-02-17 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.