SWStonkWhisper

PANL Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2026-07-06

DP Shares
329.6K
Notional Value
$2.3M
WoW Change
-23.4%

PANL dark pool volume for the week of 2026-07-06: 329.6K shares traded across 24 ATS venues with a total notional value of $2.3M. Volume is down 23.4% week-over-week. Primary routing venues include , MS TRAJECTORY CROSS (ATS-1), INTELLIGENT CROSS LLC.

Dark pool activity in PANL 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 PANL.

DP Shares
329.6K
Notional
$2.3M
DP % of Vol
WoW Change
-23.4%
Venues
24
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-06329.6K-23.4%
2026-06-29430.2K-28.4%
2026-06-22601.3K+1.7%
2026-06-15591.5K+19.0%
2026-06-08496.9K-18.7%
2026-06-01611.5K-18.8%
2026-05-25753.4K+16.3%
2026-05-18647.9K-14.4%
2026-05-11757.0K+101.7%
2026-05-04375.4K-19.8%
2026-04-27467.8K
2026-03-23544.0K-21.9%

ATS Venue Breakdown (latest week)

329.6K
12.2K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
78.0K
4.4K trades
INCR
INTELLIGENT CROSS LLC
65.4K
2.3K trades
UBSA
UBS ATS
32.9K
932 trades
MSPL
MS POOL (ATS-4)
28.4K
192 trades
MLIX
INSTINCT X
18.6K
538 trades
EBXL
LEVEL ATS
15.7K
1.6K trades
SGMT
SIGMA X2
15.3K
707 trades
CGXS
ONECHRONOS
15.2K
324 trades
BLKX
INSTINET BLOCKCROSS
8.9K
1 trades
JPBX
JPB-X
7.4K
112 trades
IATS
IBKR ATS
6.1K
66 trades
PURE
PURESTREAM
5.8K
487 trades
ONEC
CITI-ONE ATS
5.0K
55 trades
BNPX
BNPP CORTEX ATS
5.0K
118 trades
JPMX
JPM-X
4.5K
91 trades
LATS
THE BARCLAYS ATS
4.1K
102 trades
XSTM
CROSSSTREAM
2.7K
33 trades
KCGM
VIRTU MATCHIT ATS
2.5K
81 trades
MSRP
MS RPOOL (ATS-6)
2.2K
53 trades
ITGP
POSIT
1.9K
18 trades
ICBX
CBX
1.7K
46 trades
BIDS
BIDS ATS
1.7K
6 trades
LQNA
LIQUIDNET H2O ATS
262
12 trades
ALPX
ALPHAX US
219
8 trades