ISE Developing Web-Based OPRA Feed

EXCHANGE TECHNOLOGIES

NEW YORK--The International Securities Exchange (ISE) is developing a Web-based service that will offer real-time data from the Options Price Reporting Authority (OPRA) directly to brokers and customers.

Under OPRA rules, options exchanges can offer their own data to brokers but not to customers. The ISE, for example, currently offers a feed of its own data to brokers via its front-end terminal.

But customers can only receive the OPRA feed, whether through brokers or direct from one of the op