- Dark pools executed approximately 12.58% of US equity volume last month, up 33 bps from January’s 12.25%
- Dark-pool average daily volume rose 0.76% m/m, to 1.92 billion shares, while consolidated ADV decreased 1.86% m/m
- Single-dealer platforms and block pools posted mixed performance last month
- Three ATSs made material amendments to their Form ATS-Ns, including LeveL which will add a new VWAP session
- Hidden orders on lit markets executed 7.74% of US volume in February, down 12 bps from January