SWStonkWhisper

BAX Dark Pool Activity

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

DP Shares
5.4M
Notional Value
$118.0M
DP % of Volume
12.5%
WoW Change
-12.4%

BAX dark pool volume for the week of 2026-07-20: 5.4M shares traded across 26 ATS venues with a total notional value of $118.0M. Volume is down 12.4% week-over-week. Off-exchange dark pool transactions account for 12.5% of total BAX market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, MS TRAJECTORY CROSS (ATS-1).

Dark pool activity in BAX 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 BAX.

DP Shares
5.4M
Notional
$118.0M
DP % of Vol
12.5%
WoW Change
-12.4%
Venues
26
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-205.4M12.5%-12.4%
2026-07-136.1M-0.9%
2026-07-066.2M-8.8%
2026-06-296.8M-10.1%
2026-06-227.5M+30.8%
2026-06-155.8M-38.8%
2026-06-089.4M18.2%+29.3%
2026-06-017.3M27.6%+38.6%
2026-05-255.2M19.9%-35.4%
2026-05-188.1M30.9%-5.5%
2026-05-118.6M32.7%+20.4%
2026-05-047.1M27.2%-52.1%

ATS Venue Breakdown (latest week)

5.4M
86.7K trades
INCR
INTELLIGENT CROSS LLC
750.9K
9.5K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
654.7K
19.9K trades
EBXL
LEVEL ATS
532.2K
18.8K trades
UBSA
UBS ATS
508.7K
6.7K trades
MSPL
MS POOL (ATS-4)
357.0K
1.3K trades
JPBX
JPB-X
354.8K
3.0K trades
PURE
PURESTREAM
297.4K
10.3K trades
CGXS
ONECHRONOS
291.6K
2.9K trades
SGMT
SIGMA X2
285.8K
4.0K trades
MLIX
INSTINCT X
244.4K
2.3K trades
BIDS
BIDS ATS
239.6K
362 trades
JPMX
JPM-X
228.9K
2.4K trades
BNPX
BNPP CORTEX ATS
122.1K
844 trades
ITGP
POSIT
93.4K
643 trades
LATS
THE BARCLAYS ATS
90.4K
821 trades
BLKX
INSTINET BLOCKCROSS
70.4K
6 trades
KCGM
VIRTU MATCHIT ATS
64.8K
656 trades
MSRP
MS RPOOL (ATS-6)
44.5K
540 trades
XSTM
CROSSSTREAM
39.7K
306 trades
ICBX
CBX
32.0K
856 trades
LQNA
LIQUIDNET H2O ATS
21.7K
112 trades
ONEC
CITI-ONE ATS
15.8K
152 trades
IATS
IBKR ATS
10.5K
122 trades
ALPX
ALPHAX US
7.4K
249 trades
BLUE
BOATS
11
3 trades
BOSS
BRUCE MARKETS, LLC.
7
4 trades