Price-Time Priority vs Pro-Rata Fills
Quote updates per second and average quoted spread, ten minutes on 17 June 2026ranking ·
2026-08-08 · 5×3
Average shares per trade print, June 2026ranking ·
2026-08-08 · 8×2
AAPL option prints by contract count, 17 June 2026ranking ·
2026-08-08 · 5×2
AAPL trade prints by share count, 17 June 2026ranking ·
2026-08-08 · 5×2
Quote updates per second and average quoted spread, ten minutes on 17 June 2026
Quote updates per second and average quoted spread, ten minutes on 17 June 2026
| symbol | quote_updates_per_second | avg_spread_bps |
|---|---|---|
| SPY | 296.4 | 0.32 |
| NVDA | 181.1 | 1.25 |
| AAPL | 34.4 | 1.51 |
| MSFT | 29.5 | 2.16 |
| KO | 28.8 | 2.27 |
the exact SQL behind every number
SELECT
ticker AS symbol,
round(count() / 600.0, 1) AS quote_updates_per_second,
round(avg(toFloat64(ask_price) - toFloat64(bid_price))
/ avg(toFloat64(bid_price)) * 10000, 2) AS avg_spread_bps
FROM global_markets.cache_stocks_quotes
WHERE ticker IN ('AAPL', 'MSFT', 'NVDA', 'SPY', 'KO')
AND sip_timestamp >= '2026-06-17 14:00:00'
AND sip_timestamp < '2026-06-17 14:10:00'
AND bid_price > 0
AND ask_price > bid_price
GROUP BY ticker
ORDER BY quote_updates_per_second DESC
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