SWStonkWhisper

IAS Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2025-12-22

DP Shares
2.6M
Notional Value
$27.3M
WoW Change
+181.2%

IAS dark pool volume for the week of 2025-12-22: 2.6M shares traded across 23 ATS venues with a total notional value of $27.3M. Volume is up 181.2% week-over-week. Primary routing venues include , SIGMA X2, UBS ATS.

Dark pool activity in IAS 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 IAS.

DP Shares
2.6M
Notional
$27.3M
DP % of Vol
WoW Change
+181.2%
Venues
23
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2025-12-222.6M+181.2%
2025-12-15941.5K+7.4%
2025-12-08876.3K-68.5%
2025-12-012.8M+118.2%
2025-11-241.3M-38.9%
2025-11-172.1M+30.9%
2025-11-101.6M+11.5%
2025-11-031.4M
2025-10-201.1M-17.0%
2025-10-131.3M-81.1%
2025-10-066.8M+21.6%
2025-09-295.6M-69.4%

ATS Venue Breakdown (latest week)

2.6M
3.6K trades
SGMT
SIGMA X2
571.9K
647 trades
UBSA
UBS ATS
549.9K
528 trades
BIDS
BIDS ATS
522.6K
141 trades
INCR
INTELLIGENT CROSS LLC
208.4K
521 trades
JPMX
JPM-X
199.4K
171 trades
EBXL
LEVEL ATS
119.9K
316 trades
KCGM
VIRTU MATCHIT ATS
108.9K
152 trades
LATS
THE BARCLAYS ATS
103.6K
165 trades
MLIX
INSTINCT X
59.7K
123 trades
CGXS
ONECHRONOS
53.8K
149 trades
ITGP
POSIT
52.3K
44 trades
MSPL
MS POOL (ATS-4)
38.8K
47 trades
XSTM
CROSSSTREAM
18.8K
34 trades
ONEC
CITI-ONE ATS
11.1K
28 trades
ICBX
CBX
7.4K
22 trades
IATS
IBKR ATS
5.0K
11 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
4.4K
419 trades
BLKX
INSTINET BLOCKCROSS
2.5K
1 trades
BNPX
BNPP CORTEX ATS
2.2K
8 trades
MSRP
MS RPOOL (ATS-6)
2.1K
22 trades
LQNA
LIQUIDNET H2O ATS
2.0K
1 trades
JPBX
JPB-X
1.7K
13 trades
CODA
CODA MARKETS, INC.
1.4K
3 trades