Let There Be Light: US Edition

• Dark pools executed 17.38% of US equity volume last month, down 162 bps from May’s 19.00%
  
• Dark-pool average daily volume rose 10.28% m/m, to 4.06 billion shares, as market-wide ADV leapt 20.54%
  
• Three of the five outperforming dark pools last month were single-dealer platforms
  
• CODA ATS, which temporarily shut down in March, relaunched under its new MPID, CODX
  
• Hidden orders on lit markets executed 11.59% of US volume in June, down 34 bps from May

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