August 28, 2026
- Dark pools executed 18.56% of US equity volume last month, up 127 bps from June’s 17.29%
- Dark-pool average daily volume fell 19.95% m/m, to 3.24 billion shares, compared with a 25.43% drop for market-wide ADV
- Three of the five that failed to keep up were single-dealer platforms that outperformed in June
- We provide the latest quarterly block analysis and off-exchange breakdown
- Hidden orders on lit markets executed 12.26% of US volume in July, up 67 bps from June
View the report
