SWStonkWhisper

SPIB Dark Pool Activity

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

DP Shares
3.5M
Notional Value
$116.7M
DP % of Volume
12.0%
WoW Change
+60.5%

SPIB dark pool volume for the week of 2026-07-20: 3.5M shares traded across 22 ATS venues with a total notional value of $116.7M. Volume is up 60.5% week-over-week. Off-exchange dark pool transactions account for 12.0% of total SPIB market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, INSTINCT X.

Dark pool activity in SPIB 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 SPIB.

DP Shares
3.5M
Notional
$116.7M
DP % of Vol
12.0%
WoW Change
+60.5%
Venues
22
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-203.5M12.0%+60.5%
2026-07-132.2M-53.6%
2026-07-064.7M+39.9%
2026-06-293.4M-44.2%
2026-06-226.1M+48.1%
2026-06-154.1M-51.7%
2026-06-088.5M+180.3%
2026-06-013.0M-11.3%
2026-05-253.4M+29.7%
2026-05-182.6M-56.3%
2026-05-116.0M+10.6%
2026-05-045.4M-18.7%

ATS Venue Breakdown (latest week)

3.5M
4.8K trades
INCR
INTELLIGENT CROSS LLC
723.2K
1.5K trades
MLIX
INSTINCT X
636.0K
428 trades
BIDS
BIDS ATS
611.6K
113 trades
LATS
THE BARCLAYS ATS
437.0K
242 trades
UBSA
UBS ATS
279.6K
820 trades
SGMT
SIGMA X2
224.0K
445 trades
JPMX
JPM-X
169.7K
309 trades
MSPL
MS POOL (ATS-4)
146.7K
112 trades
EBXL
LEVEL ATS
119.1K
267 trades
KCGM
VIRTU MATCHIT ATS
46.5K
139 trades
ONEC
CITI-ONE ATS
34.7K
72 trades
ICBX
CBX
21.5K
61 trades
CGXS
ONECHRONOS
19.9K
85 trades
ALPX
ALPHAX US
13.1K
2 trades
BNPX
BNPP CORTEX ATS
10.7K
22 trades
XSTM
CROSSSTREAM
7.6K
13 trades
PURE
PURESTREAM
5.8K
48 trades
JPBX
JPB-X
4.8K
24 trades
IATS
IBKR ATS
3.0K
7 trades
LQNA
LIQUIDNET H2O ATS
2.9K
5 trades
ITGP
POSIT
1.9K
5 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
885
49 trades