SWStonkWhisper

GMS Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2025-09-01

DP Shares
104.8K
Notional Value
$11.5M
WoW Change
-83.3%

GMS dark pool volume for the week of 2025-09-01: 104.8K shares traded across 20 ATS venues with a total notional value of $11.5M. Volume is down 83.3% week-over-week. Primary routing venues include , CROSSSTREAM, UBS ATS.

Dark pool activity in GMS 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 GMS.

DP Shares
104.8K
Notional
$11.5M
DP % of Vol
WoW Change
-83.3%
Venues
20
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2025-09-01104.8K-83.3%
2025-08-25629.7K-36.8%
2025-08-18997.1K+20.2%
2025-08-11829.8K+5.5%
2025-08-04786.8K-2.5%
2025-07-28807.0K-0.2%
2025-07-21808.7K-54.8%
2025-07-141.8M+20.4%
2025-07-071.5M-53.4%
2025-06-303.2M+83.8%
2025-06-231.7M-52.7%
2025-06-163.7M+680.4%

ATS Venue Breakdown (latest week)

104.8K
3.1K trades
XSTM
CROSSSTREAM
16.7K
32 trades
UBSA
UBS ATS
14.0K
780 trades
SGMT
SIGMA X2
12.1K
414 trades
INCR
INTELLIGENT CROSS LLC
9.1K
299 trades
LATS
THE BARCLAYS ATS
8.8K
134 trades
EBXL
LEVEL ATS
8.4K
654 trades
BIDS
BIDS ATS
5.5K
20 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
5.4K
238 trades
MLIX
INSTINCT X
5.2K
185 trades
JPMX
JPM-X
5.1K
90 trades
CGXS
ONECHRONOS
4.1K
91 trades
JPBX
JPB-X
3.3K
55 trades
IATS
IBKR ATS
2.1K
20 trades
KCGM
VIRTU MATCHIT ATS
2.0K
37 trades
ICBX
CBX
1.1K
34 trades
CODA
CODA MARKETS, INC.
887
4 trades
MSPL
MS POOL (ATS-4)
600
6 trades
BNPX
BNPP CORTEX ATS
320
4 trades
ITGP
POSIT
115
2 trades
MSRP
MS RPOOL (ATS-6)
100
1 trades