- Dark pools executed approximately 14.56% of US equity volume last month, up 71 bps from September’s 13.85%
- Dark-pool average daily volume declined 4.56% m/m, to 9.55 billion shares, while consolidated ADV fell 9.18% m/m
- Block-focused venues contributed to dark pools having their highest market share in more than a year
- The portion of IEX volume coming from hidden orders has grown substantially, reaching a record last month
- Hidden orders on lit markets executed 8.95%% of US volume in October, up 9 bps from September