Opra considers ‘dynamic load balancing’ for options market
The data distributor recently completed a challenging project to build a 96-line feed. This new endeavor could prove just as challenging (but perhaps necessary) for the industry that will use it.
A couple of weeks before the holidays, the Options Price Reporting Authority, the public market datafeed for US options, announced a plan to change how it distributes data. While still a proposal, technologists and market participants say it could have a big impact on how firms take in the feed.
In the memo published on December 16, the Securities Industry Automation Corporation, the body in charge of running Opra’s technology and hardware, proposed “dynamic load balancing,” a newer and faster
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