- Dark pools executed approximately 15.90% of US equity volume last month, up 20 bps from July’s 15.69% and a six-year high for the second consecutive month
- Dark-pool average daily volume increased 2.12% m/m, to 1.67 billion shares, while consolidated ADV rose 0.78% m/m
- Single-dealer platforms were particularly strong, with average daily volume rising 2.57% m/m, to 538.6 million shares
- Hidden orders on lit markets executed 8.48% of US volume in August, down 24 bps from July
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