SWStonkWhisper

HR Dark Pool Activity

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

DP Shares
3.6M
Notional Value
$76.3M
DP % of Volume
17.9%
WoW Change
-20.0%

HR dark pool volume for the week of 2026-07-20: 3.6M shares traded across 24 ATS venues with a total notional value of $76.3M. Volume is down 20.0% week-over-week. Off-exchange dark pool transactions account for 17.9% of total HR market volume — elevated above the typical 10–14% institutional baseline, potentially signaling active accumulation or distribution. Primary routing venues include , INTELLIGENT CROSS LLC, MS TRAJECTORY CROSS (ATS-1).

Dark pool activity in HR 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 HR.

DP Shares
3.6M
Notional
$76.3M
DP % of Vol
17.9%
WoW Change
-20.0%
Venues
24
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-203.6M17.9%-20.0%
2026-07-134.5M+46.4%
2026-07-063.1M+1.4%
2026-06-293.0M-18.2%
2026-06-223.7M-8.9%
2026-06-154.1M-48.8%
2026-06-087.9M+124.9%
2026-06-013.5M+14.3%
2026-05-253.1M+12.3%
2026-05-182.7M-38.2%
2026-05-114.4M-34.9%
2026-05-046.8M48.0%+64.7%

ATS Venue Breakdown (latest week)

3.6M
49.1K trades
INCR
INTELLIGENT CROSS LLC
656.5K
7.2K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
381.4K
11.1K trades
SGMT
SIGMA X2
307.3K
3.4K trades
EBXL
LEVEL ATS
288.7K
6.7K trades
UBSA
UBS ATS
277.7K
3.2K trades
MSPL
MS POOL (ATS-4)
249.0K
857 trades
CGXS
ONECHRONOS
207.3K
1.7K trades
MLIX
INSTINCT X
201.0K
1.6K trades
BIDS
BIDS ATS
177.7K
330 trades
PURE
PURESTREAM
172.8K
7.9K trades
JPBX
JPB-X
172.3K
1.8K trades
ITGP
POSIT
112.4K
377 trades
JPMX
JPM-X
87.5K
708 trades
LATS
THE BARCLAYS ATS
65.8K
444 trades
KCGM
VIRTU MATCHIT ATS
56.5K
457 trades
XSTM
CROSSSTREAM
39.8K
300 trades
ONEC
CITI-ONE ATS
28.0K
166 trades
MSRP
MS RPOOL (ATS-6)
22.3K
190 trades
BLKX
INSTINET BLOCKCROSS
21.4K
8 trades
ICBX
CBX
18.8K
249 trades
BNPX
BNPP CORTEX ATS
17.2K
203 trades
IATS
IBKR ATS
13.8K
42 trades
ALPX
ALPHAX US
4.7K
99 trades
LQNA
LIQUIDNET H2O ATS
3.6K
34 trades