OPRA To Unbundle Data, CTA Ups Line Speed: Exchanges Detail Plans At IIA FISD Meet

DELIVERY & DISPLAY

The Options Price Reporting Authority (OPRA) plans to break its feed in three: one feed for equity options, another for index options and the third for currency options. Vendors will maintain separate entitlements and end users will be able to pick and pay for only the data they need. As part of the plan, OPRA will set a new data fee structure within the next few weeks and begin unbundling data in the third quarter of this year.

Changes are in the works at equities and futures exchanges as w