SWStonkWhisper

AFRM Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2026-07-20

DP Shares
6.6M
Notional Value
$483.4M
DP % of Volume
48.5%
WoW Change
+14.4%

AFRM dark pool volume for the week of 2026-07-20: 6.6M shares traded across 30 ATS venues with a total notional value of $483.4M. Volume is up 14.4% week-over-week. Off-exchange dark pool transactions account for 48.5% of total AFRM market volume — elevated above the typical 10–14% institutional baseline, potentially signaling active accumulation or distribution. Primary routing venues include , INTELLIGENT CROSS LLC, SIGMA X2.

Dark pool activity in AFRM reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for AFRM.

DP Shares
6.6M
Notional
$483.4M
DP % of Vol
48.5%
WoW Change
+14.4%
Venues
30
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-206.6M48.5%+14.4%
2026-07-135.7M+6.8%
2026-07-065.4M+29.9%
2026-06-294.1M-20.2%
2026-06-225.2M-19.4%
2026-06-156.4M+20.9%
2026-06-085.3M-27.1%
2026-06-017.3M46.3%+27.9%
2026-05-255.7M36.3%-11.9%
2026-05-186.5M41.2%-20.2%
2026-05-118.1M51.6%-8.8%
2026-05-048.9M56.6%+37.5%

ATS Venue Breakdown (latest week)

6.6M
103.1K trades
INCR
INTELLIGENT CROSS LLC
727.0K
13.7K trades
SGMT
SIGMA X2
696.2K
11.7K trades
UBSA
UBS ATS
641.9K
12.1K trades
EBXL
LEVEL ATS
562.0K
13.9K trades
CGXS
ONECHRONOS
554.6K
4.5K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
528.1K
12.6K trades
PURE
PURESTREAM
464.4K
14.7K trades
BIDS
BIDS ATS
352.0K
865 trades
MSPL
MS POOL (ATS-4)
325.0K
2.0K trades
JPMX
JPM-X
257.4K
3.1K trades
MLIX
INSTINCT X
245.9K
3.2K trades
ITGP
POSIT
178.3K
443 trades
LATS
THE BARCLAYS ATS
160.1K
1.7K trades
JPBX
JPB-X
148.6K
1.6K trades
LQNA
LIQUIDNET H2O ATS
126.3K
105 trades
ICBX
CBX
109.6K
1.2K trades
BNPX
BNPP CORTEX ATS
106.9K
1.3K trades
KCGM
VIRTU MATCHIT ATS
95.4K
1.2K trades
XSTM
CROSSSTREAM
84.3K
611 trades
IATS
IBKR ATS
76.6K
896 trades
ONEC
CITI-ONE ATS
51.8K
627 trades
MSRP
MS RPOOL (ATS-6)
46.8K
576 trades
ALPX
ALPHAX US
20.6K
274 trades
BLUE
BOATS
1.6K
107 trades
MOAT
MOSAIC ATS
747
5 trades
BLKX
INSTINET BLOCKCROSS
616
3 trades
STFX
STIFEL X
500
3 trades
BOSS
BRUCE MARKETS, LLC.
277
28 trades
IEOS
IBKR EOS ATS
86
2 trades
MOON
MOON ATS
2
2 trades