Days from announced deal to first trade, US listings since January 2025
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-19, from IPO Quiet Period Rules and Timeline.
| bucket | deals_in_bucket | share_pct |
|---|---|---|
| under 30 days | 148 | 29 |
| 30 to 59 days | 108 | 21.1 |
| 60 to 89 days | 68 | 13.3 |
| 90 to 119 days | 55 | 10.8 |
| 120 to 149 days | 29 | 5.7 |
| 150 to 179 days | 19 | 3.7 |
| 180 days or more | 84 | 16.4 |
- Rows × columns
- 7 × 3
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
bucket |
text | 7 distinct values | |
deals_in_bucket |
number | 19 to 148 | |
share_pct |
number | 3.7 to 29 | percent |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
WITH deals AS
(
SELECT
ticker,
max(listing_date) AS listed_on,
min(announced_date) AS announced_on
FROM global_markets.stocks_ipos
WHERE listing_date >= '2025-01-01'
AND listing_date < '2026-06-01'
AND final_issue_price > 0
AND ticker NOT IN ('SPCX')
GROUP BY ticker
HAVING announced_on > toDate('2015-01-01')
AND announced_on < listed_on
)
SELECT
multiIf(b = 0, 'under 30 days',
b = 6, '180 days or more',
concat(toString(b * 30), ' to ', toString(b * 30 + 29), ' days')) AS bucket,
deals_in_bucket,
round(100 * deals_in_bucket / sum(deals_in_bucket) OVER (), 1) AS share_pct
FROM
(
SELECT
least(intDiv(dateDiff('day', announced_on, listed_on), 30), 6) AS b,
count() AS deals_in_bucket
FROM deals
GROUP BY b
)
ORDER BY b
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