- Dark pools executed approximately 13.75% of US equity volume last month, down 107 bps from November’s 14.82%
- Dark-pool average daily volume fell 10.94% m/m, to 1.48 billion shares, while consolidated ADV declined 4.00% m/m
- Single-dealer platforms excelled last month, while it was more challenging for block pools
- Pending SEC approval, IntelligentCross intends to begin displaying quotations on FINRA’s Alternative Display Facility
- Hidden orders on lit markets executed 9.03% of US volume in December, down 22 bps from November