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LET THERE BE LIGHT: US EDITION

LET THERE BE LIGHT: US EDITION

• Dark pools executed approximately 15.94% of US equity volume last month, a 7-year high and up 47 bps from September’s 15.47%

• Dark-pool average daily volume grew 6.02% m/m, to 1.70 billion shares, while consolidated ADV climbed just 2.88% m/m

• All block pools excelled last month

• We provide our latest quarterly block analysis and off-exchange breakdown

• Hidden orders on lit markets executed 9.34% of US volume in October, up 70 bps from September

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