Market Structure Reports

Back to Reports

Let There Be Light - US Edition

February 24, 2023
  • Dark pools executed approximately 14.54% of US equity volume last month, down 15 bps from February’s 14.69%
  • Dark-pool average daily volume rose 8.40% m/m, to 1.82 billion shares, while consolidated ADV increased 9.55% m/m
  • The two best performers were relatively new pools: OneChronos and PureStream
  • Single-dealer platforms were a mixed bag last month while all block pools underperformed
  • This month we added new demi-block statistics to our report
  • Hidden orders on lit markets executed 8.84% of US volume in March, down 9 bps from February



Continue Reading

Recent Posts