OPRA, which provides consolidated market data for 12 US options exchanges, is set for a substantial growth in message volumes later this year when the ISE Mercury and BATS EDGX Options markets go live.
In the past, to handle the sheer volume of data OPRA creates, firms were “throwing servers, infrastructure—and in turn, a lot of cost—at addressing the problem… and more and more servers have been put in place to handle the growing volume,” says Lee Staines, global head of sales at Celoxica. “In t
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails