“But brother you’ve got a lot to unload;
Here in the darkness, come early and often”
-Hamilton Leithauser, 2014 (“Room for Forgiveness,” from the album Room for Forgiveness)

Dark pools executed approximately 14.63% of US equity volume last month, up 75 bps from June’s 13.88% (adjusted from 13.97%). Dark-pool average daily volume decreased 12.02% m/m, to 889.2 million shares, as consolidated ADV fell by a greater margin of 16.54% m/m

‍