OPRA Doubles Fee To Vendors, Hikes User Charge Sixfold

CONTENT & FEES

The Options Price Reporting Authority (OPRA) has sent the recipients of its data their September bills, and they're going to be bigger than usual -- a lot bigger.

According to OPRA executive director Joseph Corrigan, access charges to redistributors of OPRA exchange data -- a group which includes most market data vendors -- have doubled, from $1,400 per month to $2,800 per month. At the same time, charges to end users of the options data have increased sixfold, from $100 per month to $600 pe