{"slug":"nyse-parity-and-d-quote-orders","qid":"trade_size","label":"Average shares per trade, ten household names","post_title":"NYSE Parity and D-Quotes: How Fills Allocate","post_url":"/blog/nyse-parity-and-d-quote-orders#q-trade_size","columns":["ticker","listing_venue","avg_shares_per_trade"],"rows":[{"ticker":"INTC","listing_venue":"Nasdaq listed","avg_shares_per_trade":118},{"ticker":"CSCO","listing_venue":"Nasdaq listed","avg_shares_per_trade":98},{"ticker":"WMT","listing_venue":"NYSE listed","avg_shares_per_trade":87},{"ticker":"XOM","listing_venue":"NYSE listed","avg_shares_per_trade":87},{"ticker":"PEP","listing_venue":"Nasdaq listed","avg_shares_per_trade":68},{"ticker":"KO","listing_venue":"NYSE listed","avg_shares_per_trade":63},{"ticker":"AAPL","listing_venue":"Nasdaq listed","avg_shares_per_trade":61},{"ticker":"JPM","listing_venue":"NYSE listed","avg_shares_per_trade":55},{"ticker":"JNJ","listing_venue":"NYSE listed","avg_shares_per_trade":54},{"ticker":"MSFT","listing_venue":"Nasdaq listed","avg_shares_per_trade":50}],"shape":"ranking","sql":"SELECT\n    ticker,\n    multiIf(ticker IN ('KO', 'JPM', 'XOM', 'JNJ', 'WMT'), 'NYSE listed', 'Nasdaq listed') AS listing_venue,\n    round(toFloat64(sum(volume)) / sum(transactions), 0) AS avg_shares_per_trade\nFROM global_markets.stocks_daily_aggs\nWHERE ticker IN ('KO', 'JPM', 'XOM', 'JNJ', 'WMT', 'AAPL', 'MSFT', 'INTC', 'CSCO', 'PEP')\n  AND date >= today() - 120\n  AND date <  today() - 4\nGROUP BY ticker\nHAVING sum(transactions) > 0\nORDER BY avg_shares_per_trade DESC","computed_at":"2026-08-22T04:17:42.890464+00:00","elapsed":0.037331787}