SWStonkWhisper

DFS Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2025-05-12

DP Shares
2.8M
Notional Value
$560.1M
WoW Change
+37.2%

DFS dark pool volume for the week of 2025-05-12: 2.8M shares traded across 25 ATS venues with a total notional value of $560.1M. Volume is up 37.2% week-over-week. Primary routing venues include , SIGMA X2, UBS ATS.

Dark pool activity in DFS 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 10-week historical volume and complete venue breakdown for DFS.

DP Shares
2.8M
Notional
$560.1M
DP % of Vol
WoW Change
+37.2%
Venues
25
Weekly Dark Pool Volume — 10 Weeks

Weekly History

WeekSharesDP %WoW
2025-05-122.8M+37.2%
2025-05-052.0M+2.9%
2025-04-282.0M-41.8%
2025-04-213.4M+363.3%
2025-04-14729.2K-72.7%
2025-04-072.7M-51.7%
2025-03-315.5M+160.7%
2025-03-242.1M-56.9%
2025-03-174.9M+61.5%
2025-03-103.0M

ATS Venue Breakdown (latest week)

2.8M
56.4K trades
SGMT
SIGMA X2
609.8K
14.9K trades
UBSA
UBS ATS
590.1K
12.8K trades
MLIX
INSTINCT X
275.2K
4.7K trades
JPMX
JPM-X
218.6K
5.6K trades
MSPL
MS POOL (ATS-4)
217.0K
1.9K trades
EBXL
LEVEL ATS
193.5K
7.1K trades
ICBX
CBX
112.9K
903 trades
KCGM
VIRTU MATCHIT ATS
106.4K
1.7K trades
LATS
THE BARCLAYS ATS
85.8K
1.1K trades
JPBX
JPB-X
68.1K
960 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
52.4K
1.2K trades
BNPX
BNPP CORTEX ATS
50.6K
942 trades
ONEC
CITI-ONE ATS
48.0K
581 trades
CGXS
ONECHRONOS
32.4K
842 trades
BLKX
INSTINET BLOCKCROSS
26.7K
3 trades
CODA
CODA MARKETS, INC.
24.5K
278 trades
IATS
IBKR ATS
20.7K
251 trades
BIDS
BIDS ATS
10.4K
46 trades
ITGP
POSIT
10.3K
141 trades
XSTM
CROSSSTREAM
6.9K
42 trades
LQNA
LIQUIDNET H2O ATS
6.4K
1 trades
PURE
PURESTREAM
5.0K
67 trades
MSRP
MS RPOOL (ATS-6)
3.0K
232 trades
ALPX
ALPHAX US
500
5 trades
BLUE
BOATS
166
16 trades