Dave Barnhart explains late prints in dark pool trading, where transactions can be reported up to 24 hours after they occur. He tracks examples across major ETFs like SPY and QQQ, showing price discrepancies and volumes from specific dates, with historical data going back to January 2020.
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All right. In this dashboard video, we're gonna talk about late prints. Now, late prints are a big part of trading the dark pools because these are specific trades that are allowed to be reported 24 hours late. And normally trades have to be reported within 3 hours. In some instances, most of the time it's immediate, but in, in the instances where we track these across the indices, the SPY, the NASDAQ, the QQQ, IWM, and the DIA. So we go ahead and we track these because what happens is this volume should be in the previous day's candle. And then we also see that usually there's a big difference in the price that the trades are coming across as, as compared to the current trading price. And so here being November 11th, what we see is on the SPY today, there were 3 of them for $251 million total, which is actually a lighter day. 419,000 shares at $597.88. The current price of the SPY is $598.16. So this theme crosses across all 4 for the ones that we actually track. There's nothing for the DIA today. The QQQ, it looks like we're down a couple pennies, not a big deal, but there was 4 of them for $213 million. Okay, now this tab here is yesterday's. The latest late ones. So for Friday, we can see this. Look, $595.65 was the price, but there was 4.5 million of them, and we closed at $598.19, and the current price is $598.09. So we can see all of this. This references this over here, which is the late prints tab. And if we look over here, we can go back to January 1st, 2020, and see all of the trades together. So here we can see November 8th. There's 35 trades totaling 4.5 million. And on the late prints, we can actually see if we scroll down, anything over 10 million is highlighted. And the similar thing for the Q's, IWM, and the DIA. So we'll talk to you in the next video. Take care. Bye.
