After RFP, OPRA Renews SIAC SIP Deal


The OPRA SIP collects data from US options exchanges, calculates the best bid and offer, and distributes OPRA’s consolidated feed of options trade and quote data. OPRA began the tender at the end of last year, and enlisted consultancy Jordan & Jordan to issue a Request for Proposal (RFP) and run the selection process (IMD, Dec. 20, 2013).

The OPRA Committee made its final decision to re-sign with SIAC on Tuesday, May 20, sources say, after a process that began with nine “credible” bids

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