KSPI Dark Pool Activity
Kaspi.kz AO
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 285K KSPI shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 108K of those shares (38.0%) were marked short or short-exempt, above KSPI's 30-day rolling average of 36.1% (z-score 0.18). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), KSPI's off-exchange short volume ratio ranged from 36.8% to 52.4% and averaged 43.5%; the latest reading is below that 10-session average.
Off-Exchange Volume
285K
Short Volume
108K
Short Volume Ratio
38.0%
30-Day Average
36.1%
z-score 0.18
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 206K | 94K | 45.3% |
| Oct 13, 2026 | 151K | 61K | 40.2% |
| Oct 14, 2026 | 210K | 83K | 39.8% |
| Oct 15, 2026 | 147K | 54K | 36.8% |
| Oct 16, 2026 | 116K | 54K | 46.7% |
| Oct 19, 2026 | 114K | 56K | 49.4% |
| Oct 20, 2026 | 46K | 24K | 52.4% |
| Oct 21, 2026 | 141K | 69K | 49.2% |
| Oct 22, 2026 | 392K | 145K | 37.0% |
| Oct 23, 2026 Latest | 285K | 108K | 38.0% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
KSPI dark pool FAQ
- How much KSPI off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 285K KSPI shares in publicly disseminated off-exchange trades on Oct 23, 2026; 108K of those shares (38.0%) were marked short or short-exempt.
- Is KSPI's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, KSPI's short volume ratio of 38.0% is above KSPI's 30-day rolling average of 36.1% (z-score 0.18). Meridian's dark pool model does not flag this reading as an anomaly.
- What does the dark pool short volume ratio measure?
- FINRA publishes daily short sale volume for trades reported off-exchange to its trade reporting facilities, which include dark pools and other off-exchange venues. The ratio divides FINRA's ShortVolume figure, which counts both short and short-exempt sales, by the total off-exchange shares reported for that day. It is not short interest and not a directional signal: market-maker hedging and reporting mechanics can raise it, so it is context for other signals.