Option Symbology Initiative Timeline

- WatersTechnology Staff
- 01 Jul 2008

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July 2005: The Options Clearing Corporation (OCC) board of directors asked OCC staff to work with industry representatives in defining a reasonable timeframe to eliminate the use of Opra codes in the listed options markets, and ensure all option strike prices be represented in decimal format at the same time.

May 2006: The group of options industry professionals working on the project published a plan.

May 2006 to August 2006: 120-day industry comment period, during which the group received seven

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Option Symbology Initiative Timeline

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