SWStonkWhisper

XLE Dark Pool Activity

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

DP Shares
24.0M
Notional Value
$1.42B
DP % of Volume
15.9%
WoW Change
-5.6%

XLE dark pool volume for the week of 2026-07-20: 24.0M shares traded across 29 ATS venues with a total notional value of $1.42B. Volume is down 5.6% week-over-week. Off-exchange dark pool transactions account for 15.9% of total XLE 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 XLE 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 XLE.

DP Shares
24.0M
Notional
$1.4B
DP % of Vol
15.9%
WoW Change
-5.6%
Venues
29
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-2024.0M15.9%-5.6%
2026-07-1325.4M16.9%+6.3%
2026-07-0623.9M15.9%+26.1%
2026-06-2919.0M12.6%-24.9%
2026-06-2225.3M17.4%-11.5%
2026-06-1528.6M20.1%+6.7%
2026-06-0826.8M18.8%-1.8%
2026-06-0127.2M22.4%-2.0%
2026-05-2527.8M22.9%-23.3%
2026-05-1836.2M29.9%+25.0%
2026-05-1129.0M23.9%-21.3%
2026-05-0436.8M30.4%+13.3%

ATS Venue Breakdown (latest week)

24.0M
158.8K trades
INCR
INTELLIGENT CROSS LLC
6.1M
34.0K trades
UBSA
UBS ATS
4.7M
26.6K trades
MLIX
INSTINCT X
1.9M
9.4K trades
SGMT
SIGMA X2
1.8M
13.3K trades
EBXL
LEVEL ATS
1.6M
20.3K trades
CGXS
ONECHRONOS
1.4M
6.6K trades
PURE
PURESTREAM
965.9K
15.1K trades
MSPL
MS POOL (ATS-4)
910.4K
2.8K trades
JPMX
JPM-X
697.8K
4.3K trades
LATS
THE BARCLAYS ATS
570.3K
3.4K trades
BNPX
BNPP CORTEX ATS
514.4K
4.0K trades
KCGM
VIRTU MATCHIT ATS
494.6K
3.6K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
367.0K
3.6K trades
ITGP
POSIT
350.5K
1.6K trades
JPBX
JPB-X
290.7K
1.7K trades
BIDS
BIDS ATS
286.2K
831 trades
IATS
IBKR ATS
270.2K
1.3K trades
ICBX
CBX
204.8K
2.1K trades
ONEC
CITI-ONE ATS
133.0K
633 trades
BLUE
BOATS
114.3K
1.7K trades
XSTM
CROSSSTREAM
103.2K
527 trades
MSRP
MS RPOOL (ATS-6)
94.3K
599 trades
ALPX
ALPHAX US
43.2K
473 trades
BOSS
BRUCE MARKETS, LLC.
14.7K
198 trades
BLKX
INSTINET BLOCKCROSS
8.9K
4 trades
MOON
MOON ATS
5.6K
15 trades
LQNA
LIQUIDNET H2O ATS
4.4K
116 trades
MOAT
MOSAIC ATS
2.0K
5 trades
IEOS
IBKR EOS ATS
498
10 trades