SWStonkWhisper

PAYX Dark Pool Activity

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

DP Shares
4.5M
Notional Value
$500.8M
DP % of Volume
35.7%
WoW Change
+19.2%

PAYX dark pool volume for the week of 2026-07-20: 4.5M shares traded across 29 ATS venues with a total notional value of $500.8M. Volume is up 19.2% week-over-week. Off-exchange dark pool transactions account for 35.7% of total PAYX market volume — elevated above the typical 10–14% institutional baseline, potentially signaling active accumulation or distribution. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.

Dark pool activity in PAYX 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 PAYX.

DP Shares
4.5M
Notional
$500.8M
DP % of Vol
35.7%
WoW Change
+19.2%
Venues
29
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-204.5M35.7%+19.2%
2026-07-133.7M+7.4%
2026-07-063.5M-19.1%
2026-06-294.3M-34.2%
2026-06-226.5M+97.1%
2026-06-153.3M-26.1%
2026-06-084.5M+27.3%
2026-06-013.5M+20.3%
2026-05-252.9M-22.1%
2026-05-183.8M-4.7%
2026-05-113.9M+22.1%
2026-05-043.2M-9.7%

ATS Venue Breakdown (latest week)

4.5M
97.1K trades
INCR
INTELLIGENT CROSS LLC
665.1K
14.2K trades
UBSA
UBS ATS
586.2K
16.2K trades
SGMT
SIGMA X2
506.1K
11.1K trades
CGXS
ONECHRONOS
473.1K
5.2K trades
EBXL
LEVEL ATS
414.0K
14.7K trades
MSPL
MS POOL (ATS-4)
261.9K
1.9K trades
MLIX
INSTINCT X
259.5K
3.9K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
229.7K
16.1K trades
JPMX
JPM-X
160.0K
2.0K trades
PURE
PURESTREAM
135.0K
3.1K trades
ITGP
POSIT
100.8K
626 trades
JPBX
JPB-X
90.5K
1.8K trades
BNPX
BNPP CORTEX ATS
73.8K
911 trades
ICBX
CBX
73.5K
713 trades
XSTM
CROSSSTREAM
72.3K
993 trades
BIDS
BIDS ATS
63.4K
275 trades
LQNT
LIQUIDNET NEGOTIATION ATS
60.4K
2 trades
KCGM
VIRTU MATCHIT ATS
51.7K
941 trades
LATS
THE BARCLAYS ATS
45.5K
741 trades
ONEC
CITI-ONE ATS
39.4K
415 trades
LQNA
LIQUIDNET H2O ATS
32.7K
162 trades
MSRP
MS RPOOL (ATS-6)
30.1K
714 trades
IATS
IBKR ATS
15.9K
331 trades
BLKX
INSTINET BLOCKCROSS
11.7K
2 trades
ALPX
ALPHAX US
6.1K
65 trades
MOAT
MOSAIC ATS
1.7K
17 trades
BLUE
BOATS
338
18 trades
STFX
STIFEL X
100
1 trades
BOSS
BRUCE MARKETS, LLC.
7
3 trades