Measuring DIX

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Squeezemetrics on twitter gave an explanatory tweet I thought I would share here. For those new to the DIX, it stands for Dark Pools Index and is a measure of the activity within dark pools trading. I suggest reading the short white paper about it here which is also the source page for the Dark Pools Index.

As of Friday’s close at 41.5, the DIX indicates an average 1-month return of (drumroll please…..) pretty much ZERO. And I just want to stress “average”. You can see by the data plot that the data points vary all around between -.5% and almost +2%, but the AVERAGE is near zero.