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LET THERE BE LIGHT: US EDITION

LET THERE BE LIGHT: US EDITION
  • Dark pools executed approximately 16.27% of US equity volume last month, up 29 bps from October’s 15.98%
  • Dark-pool average daily volume increased 1.06% m/m, to 1.72 billion shares, while consolidated ADV slipped 0.74% m/m
  • For the second consecutive month, dark-pool market share reached a seven-year high
  • Venues with the strongest month-over-month growth last month were all associated with retail businesses
  • Hidden orders on lit markets executed 8.92% of US volume in November, down 42 bps from October

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