Venue clock to consolidated tape clock, KO quotes on June 16, 2026
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 2026-08-09, from SIP Feeds vs Direct Exchange Feeds.
| et_time | median_hop_us | p95_hop_us | quote_update_count |
|---|---|---|---|
| 09:00 | 33.7 | 350.2 | 234 |
| 09:30 | 393.9 | 481.4 | 35260 |
| 10:00 | 403.8 | 944 | 66543 |
| 10:30 | 403.9 | 539.6 | 56232 |
| 11:00 | 407.8 | 604 | 34352 |
| 11:30 | 406.7 | 862.7 | 35607 |
| 12:00 | 408.4 | 503.6 | 29427 |
| 12:30 | 408.2 | 513.6 | 24500 |
| 13:00 | 408 | 524.8 | 15755 |
| 13:30 | 409.3 | 491.8 | 12721 |
| 14:00 | 408.8 | 490.7 | 11896 |
| 14:30 | 405.3 | 481 | 14095 |
| 15:00 | 405.8 | 525.6 | 18501 |
| 15:30 | 394.4 | 862.2 | 35466 |
| 16:00 | 28.1 | 1028.6 | 229 |
- Rows × columns
- 15 × 4
- Period covered
- to
- 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 |
|---|---|---|---|
et_time |
date | 09:00 to 16:00 | |
median_hop_us |
number | 28.1 to 409.3 | |
p95_hop_us |
number | 350.2 to 1,028.6 | |
quote_update_count |
number | 229 to 66,543 | count |
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.
the exact SQL behind every number
SELECT
formatDateTime(toStartOfInterval(toTimeZone(sip_timestamp, 'America/New_York'), INTERVAL 30 MINUTE), '%H:%i') AS et_time,
round(quantileDeterministic(0.5)(toFloat64(toUnixTimestamp64Nano(sip_timestamp) - toUnixTimestamp64Nano(participant_timestamp)) / 1000, toUInt64(sequence_number)), 1) AS median_hop_us,
round(quantileDeterministic(0.95)(toFloat64(toUnixTimestamp64Nano(sip_timestamp) - toUnixTimestamp64Nano(participant_timestamp)) / 1000, toUInt64(sequence_number)), 1) AS p95_hop_us,
count() AS quote_update_count
FROM global_markets.cache_stocks_quotes
WHERE ticker = 'KO'
AND sip_timestamp >= '2026-06-16 12:00:00'
AND sip_timestamp < '2026-06-16 22:00:00'
AND toUnixTimestamp64Nano(participant_timestamp) > 0
GROUP BY et_time
HAVING quote_update_count >= 200
ORDER BY et_time
Run your own version of this
The same 22 years of US equities and 12 years of options data are queryable in SQL or plain English. A free account runs 100 queries a day and takes no card.
More from this analysisSIP Feeds vs Direct Exchange Feeds
US equity exchanges that feed the consolidated tape
table 18×4
→
Which venues sat on the bid side of the quote record, KO on June 16, 2026
ranking 17×3
→
Quote update traffic across five household tickers, 10:00 to 11:00 a.m. ET on June 16, 2026
table 5×5
→
Live price against a 15 minute delayed view, one SPY session
series 37×5
→
How far SPY travels in 15 minutes, by hour of the session (June 2026)
series 7×4
→
The same twelve prints, ranked by venue clock and by tape clock
table 12×7
→
See all 2,170 queries →