Dark Pool Trading

Dark pools are private exchanges (Alternative Trading Systems) where large institutional orders are matched without displaying them publicly. About 40-45% of all US equity trading now occurs in dark pools, making them a critical data source for understanding institutional activity.

• Dark pools reduce market impact — large orders don't move the visible order book
• Trades are reported after execution, so they can be analyzed retrospectively
• Unusual dark pool volume can signal institutional accumulation or distribution
• iGotFomo's convergence scanner detects 2σ deviations in dark pool activity patterns