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what is OPRA (options pricing reporting authority)

What Is Options Price Reporting Authority (OPRA)?

The Options Price Reporting Authority (OPRA) is the U.S. system that consolidates and distributes options market data from all U.S.-listed options exchanges. In practical terms, it gathers quotation (bid/offer) and…

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Options Market Data Costs: The Real Price of Running OPRA at Scale

The true costs of options are not reflected in the low exchange fees. This article outlines the infrastructure and network costs of options market data.

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Preparing For The OPRA Expansion: What’s Changed

As firms prepare for OPRA’s expansion to 96-channel distribution, Exegy can help craft the best solution for this and future OPRA challenges.