SWStonkWhisper

HYG Dark Pool Activity

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

DP Shares
42.4M
Notional Value
$3.37B
DP % of Volume
27.9%
WoW Change
+25.5%

HYG dark pool volume for the week of 2026-07-20: 42.4M shares traded across 25 ATS venues with a total notional value of $3.37B. Volume is up 25.5% week-over-week. Off-exchange dark pool transactions account for 27.9% of total HYG market volume — elevated above the typical 10–14% institutional baseline, potentially signaling active accumulation or distribution. Primary routing venues include , UBS ATS, INTELLIGENT CROSS LLC.

Dark pool activity in HYG 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 HYG.

DP Shares
42.4M
Notional
$3.4B
DP % of Vol
27.9%
WoW Change
+25.5%
Venues
25
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-2042.4M27.9%+25.5%
2026-07-1333.8M22.3%-8.3%
2026-07-0636.9M24.3%+16.5%
2026-06-2931.6M20.8%-19.8%
2026-06-2239.4M23.5%+4.1%
2026-06-1537.9M20.5%-15.3%
2026-06-0844.7M24.2%+6.9%
2026-06-0141.8M29.4%+45.6%
2026-05-2528.7M20.2%-43.3%
2026-05-1850.6M35.7%+12.1%
2026-05-1145.2M31.8%-1.3%
2026-05-0445.8M32.3%-10.9%

ATS Venue Breakdown (latest week)

42.4M
69.3K trades
UBSA
UBS ATS
8.1M
12.5K trades
INCR
INTELLIGENT CROSS LLC
6.2M
10.4K trades
SGMT
SIGMA X2
4.7M
10.0K trades
MLIX
INSTINCT X
3.5M
5.8K trades
EBXL
LEVEL ATS
3.1M
6.5K trades
BIDS
BIDS ATS
2.5M
1.0K trades
ITGP
POSIT
2.3M
1.6K trades
MSPL
MS POOL (ATS-4)
2.3M
3.8K trades
CGXS
ONECHRONOS
2.3M
2.9K trades
KCGM
VIRTU MATCHIT ATS
1.9M
2.8K trades
LATS
THE BARCLAYS ATS
1.4M
2.6K trades
JPMX
JPM-X
936.0K
2.4K trades
ONEC
CITI-ONE ATS
698.9K
877 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
519.8K
1.6K trades
ICBX
CBX
445.1K
807 trades
JPBX
JPB-X
393.2K
1.1K trades
PURE
PURESTREAM
383.9K
1.3K trades
XSTM
CROSSSTREAM
255.1K
753 trades
BLKX
INSTINET BLOCKCROSS
220.7K
23 trades
ALPX
ALPHAX US
120.0K
197 trades
BNPX
BNPP CORTEX ATS
75.7K
149 trades
IATS
IBKR ATS
40.0K
217 trades
LQNA
LIQUIDNET H2O ATS
18.0K
28 trades
MSRP
MS RPOOL (ATS-6)
12.5K
43 trades
BLUE
BOATS
148
10 trades