Let There Be Light: US Edition

• Dark pools executed approximately 18.62% of US equity volume last month, up 83 bps from July’s 17.78% and just 12 bps away from April’s record high 18.75%
  
• Dark-pool average daily volume decreased 4.91% m/m, to 3.05 billion shares, while consolidated ADV fell 9.17% m/m
  
• BIDS was the top performing pool in August and the venue's ADV has nearly tripled since the beginning of the year
  
• We add a new SDP to our universe this month: Jump Trading
  
• Hidden orders on lit markets executed 10.53% of US volume in August, up 30 bps from July

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