SWStonkWhisper

CAKE Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2026-07-06

DP Shares
2.0M
Notional Value
$157.9M
WoW Change
+26.0%

CAKE dark pool volume for the week of 2026-07-06: 2.0M shares traded across 26 ATS venues with a total notional value of $157.9M. Volume is up 26.0% week-over-week. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.

Dark pool activity in CAKE 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 CAKE.

DP Shares
2.0M
Notional
$157.9M
DP % of Vol
WoW Change
+26.0%
Venues
26
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-062.0M+26.0%
2026-06-291.6M-7.3%
2026-06-221.7M-10.9%
2026-06-151.9M-23.4%
2026-06-082.5M+79.7%
2026-06-011.4M+17.3%
2026-05-251.2M-9.1%
2026-05-181.3M-25.6%
2026-05-111.7M-0.0%
2026-05-041.8M-44.2%
2026-04-273.1M
2026-03-231.6M-37.4%

ATS Venue Breakdown (latest week)

2.0M
47.3K trades
INCR
INTELLIGENT CROSS LLC
278.0K
6.4K trades
UBSA
UBS ATS
209.8K
3.8K trades
MSPL
MS POOL (ATS-4)
207.2K
1.4K trades
SGMT
SIGMA X2
204.7K
4.9K trades
EBXL
LEVEL ATS
202.6K
10.5K trades
CGXS
ONECHRONOS
134.2K
1.8K trades
MLIX
INSTINCT X
133.7K
2.2K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
123.3K
7.9K trades
BIDS
BIDS ATS
86.9K
134 trades
JPMX
JPM-X
76.1K
1.1K trades
PURE
PURESTREAM
47.9K
2.9K trades
JPBX
JPB-X
41.2K
1.0K trades
ICBX
CBX
37.7K
563 trades
ITGP
POSIT
33.6K
187 trades
ONEC
CITI-ONE ATS
28.2K
314 trades
KCGM
VIRTU MATCHIT ATS
27.5K
571 trades
LATS
THE BARCLAYS ATS
26.5K
391 trades
IATS
IBKR ATS
19.5K
303 trades
XSTM
CROSSSTREAM
19.4K
246 trades
LQNA
LIQUIDNET H2O ATS
18.9K
76 trades
BNPX
BNPP CORTEX ATS
17.2K
270 trades
BLKX
INSTINET BLOCKCROSS
6.7K
1 trades
MSRP
MS RPOOL (ATS-6)
4.5K
222 trades
MOAT
MOSAIC ATS
1.6K
10 trades
ALPX
ALPHAX US
704
17 trades
BLUE
BOATS
50
1 trades