MSFD Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
MSFD dark pool volume for the week of 2026-07-20: 93.4K shares traded across 17 ATS venues with a total notional value of $1.3M. Volume is up 5.9% week-over-week. Primary routing venues include , LEVEL ATS, INSTINCT X.
Dark pool activity in MSFD 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 MSFD.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 93.4K | — | +5.9% |
| 2026-07-13 | 88.2K | — | -2.2% |
| 2026-07-06 | 90.2K | — | -25.3% |
| 2026-06-29 | 120.7K | — | -44.6% |
| 2026-06-22 | 217.7K | — | +130.3% |
| 2026-06-15 | 94.5K | — | -29.0% |
| 2026-06-08 | 133.2K | — | -21.3% |
| 2026-06-01 | 169.1K | — | -20.0% |
| 2026-05-25 | 211.3K | — | -35.8% |
| 2026-05-18 | 329.1K | — | +93.8% |
| 2026-05-11 | 169.8K | — | -65.9% |
| 2026-05-04 | 498.3K | — | +52.6% |