- Dark pools executed approximately 13.54% of US equity volume last month, down 49 bps from May’s 14.03%
- Dark-pool average daily volume fell 6.79% m/m, to 1.73 billion shares, while consolidated ADV dropped 3.42% m/m
- Smaller SDPs especially excelled in June
- All block pools were among the worst performing pools last month
- Hidden orders on lit markets executed 8.21% of US volume in June, down 46 bps from May