• Dark pools executed approximately 13.11% of US equity volume last month, up 43 bps from October’s 12.69%
• Dark-pool average daily volume climbed 28.24% m/m, to 1.48 billion shares, while consolidated ADV rose 24.06% m/m
• Block pools did especially well, as volatility dipped to its lowest level in three months
• We provide commentary on the first bank-run SDP, Barclays' BARX Book
• Hidden orders on lit markets executed 8.50% of US volume in November, up 31 bps from October