• Dark pools executed approximately 14.16% of US equity volume last month, up 26 bps from February’s 13.90%
• Dark-pool average daily volume grew 72.25% m/m, to 2.22 billion shares, while consolidated ADV rose 69.06% m/m
• Dark pools and block venues did well last month despite record high volatility
• We provide commentary on three material amendment filings to Form ATS-Ns
• Hidden orders on lit markets executed 10.53%% of US volume in March, up 151 bps from February