OPRA Revises Rate Projections


The Options Price Reporting Authority is warning that users and vendors will have to prepare for even higher levels of market data message rates than originally forecast.

Earlier this year, OPRA predicted that message rates would hit 130,000 messages per second by next January (IMD, March 28). But according to a memo to OPRA market data recipients obtained by Inside Market Data, OPRA is now projecting that rates will rise by 15 percent more than originally expected, to 149,000 mps by January and

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