EEM Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
EEM dark pool volume for the week of 2026-07-20: 11.5M shares traded across 28 ATS venues with a total notional value of $738.6M. Volume is down 31.9% week-over-week. Off-exchange dark pool transactions account for 10.6% of total EEM market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.
Dark pool activity in EEM 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 EEM.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 11.5M | 10.6% | -31.9% |
| 2026-07-13 | 16.8M | 15.5% | +30.7% |
| 2026-07-06 | 12.9M | — | +21.2% |
| 2026-06-29 | 10.6M | — | -28.0% |
| 2026-06-22 | 14.8M | — | -4.3% |
| 2026-06-15 | 15.4M | 9.9% | -25.7% |
| 2026-06-08 | 20.8M | 13.3% | +12.0% |
| 2026-06-01 | 18.5M | 17.3% | +30.1% |
| 2026-05-25 | 14.2M | 13.3% | -18.2% |
| 2026-05-18 | 17.4M | 16.3% | +13.7% |
| 2026-05-11 | 15.3M | 14.3% | -11.8% |
| 2026-05-04 | 17.4M | 16.2% | +12.7% |