SCHW Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
SCHW dark pool volume for the week of 2026-07-20: 12.7M shares traded across 30 ATS venues with a total notional value of $1.29B. Volume is up 47.4% week-over-week. Off-exchange dark pool transactions account for 32.8% of total SCHW 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 SCHW 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 SCHW.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 12.7M | 32.8% | +47.4% |
| 2026-07-13 | 8.6M | — | -10.2% |
| 2026-07-06 | 9.6M | — | -6.7% |
| 2026-06-29 | 10.3M | — | -15.3% |
| 2026-06-22 | 12.2M | — | +1.1% |
| 2026-06-15 | 12.0M | — | -14.9% |
| 2026-06-08 | 14.1M | 40.2% | +5.8% |
| 2026-06-01 | 13.3M | 33.0% | -18.2% |
| 2026-05-25 | 16.3M | 40.8% | +39.5% |
| 2026-05-18 | 11.7M | 29.3% | -19.1% |
| 2026-05-11 | 14.5M | 36.2% | +44.2% |
| 2026-05-04 | 10.0M | 25.1% | +0.8% |