19 August 2016

Co-Authors

Justin Schack

Managing Director    
 

Alex Kemmsies

Vice President    

Rosenblatt Securities Inc.    
New York +1 212 607 3100    

LET THERE BE LIGHT
Rosenblatt’s Monthly Dark Liquidity Tracker

“I'm at the darkened hillside And there's a haze right between the trees And I can barely see you You're like an ocean in between the waves —Adam Granduciel, 2014 (“An Ocean In Between the Waves,” from The War On Drugs’ album “Lost in the Dream”)


Dark pools executed 16.58% of US equity volume last month, up 75 bps from June’s 15.82% (adjusted from 15.91%). Dark-pool average daily volume decreased 8.90% m/m, to 1.1bn shares, while consolidated ADV fell 13.04%... Continue Reading

 

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