Over ⅓ of stock volume trades in the dark. Most of this volume trades at the midpoint of the NBBO, which obscures the direction of the trade, making dark pools' pre- and post-trade data notoriously tricky to interpret.
What you need to know:
We've spent years collecting the data and comparing it to transaction level data to see the relationship between NBBO spread-crossing, short sales, and midpoint trading. The important part? Using a single metric, we can derive information from dark pool trades that is otherwise completely obscured.
This is how we did it:
We believe that data needs to be visualized in order to be understood. The simpler the better. That's why our dark pool indicator (dpi) is just a single line—it's all you need.
So before you make any big decisions to buy, sell, or hedge your portfolio, find out if you're on the right side of the trade first. Get a 72-hour pass for $28.
Get more out of your portfolio.