We’re excited to announce that Market Data is now an official OPRA vendor! If you trade or analyze U.S. options, accurate and timely data isn’t optional — it’s essential. That’s why Market Data now offers official real-time options quotes from OPRA (the Options Price Reporting Authority), giving you the same top-of-book prices used by professionals, brokers, and institutions.
What is OPRA?
The Options Price Reporting Authority (OPRA) is a Securities Information Processor (SIP) and it is the organization responsible for collecting and distributing consolidated market data for all listed options trading on U.S. exchanges. OPRA ensures that market participants have access to a unified stream of options quotes and trades from across all participating exchanges.
Who are the OPRA Member Exchanges?
OPRA’s data feed aggregates options data from multiple U.S. exchanges, grouped by the companies that operate them:
- Intercontinental Exchange (NYSE): NYSE American Options, NYSE Arca Options
- Cboe Global Markets: Cboe Options Exchange (Cboe), Cboe C2 Options Exchange (C2), Cboe BZX Options Exchange, Cboe EDGX Options Exchange
- Nasdaq, Inc.: Nasdaq Options Market (NOM), Nasdaq BX Options, Nasdaq ISE, Nasdaq GEMX, Nasdaq MRX
- Miami International Holdings (MIAX): MIAX Options, MIAX Pearl Options, MIAX Emerald Options
These exchanges together provide the full view of listed options activity in the U.S. markets.
This means our users can now access real-time options data straight from the source — directly from the Options Price Reporting Authority (OPRA). We provide full Level 1 options quotes — including the National Best Bid and Offer (NBBO) and last sale prices — directly from OPRA. You get a complete, real-time view of top-of-book options activity across all participating U.S. exchanges in real time. Being authorized by OPRA is a big step forward in our mission to provide accurate and timely market information.
We’re delivering official data — directly from the source. You can be confident that the options quotes you’re seeing in our platform reflect the official market, with the same pricing available to professional firms, brokerages, and financial institutions.
This also ensures compliance with OPRA’s strict standards. Whether you’re building strategies, tracking the market, or managing risk, our real-time OPRA data gives you the official numbers you can trust.
Compliance and Classification
Although we have upgraded many of our plans to include real-time OPRA data, we can only offer this data after users complete the compliance process. This includes submitting the required OPRA subscriber agreement and being classified as a non-professional. Even if your plan now includes real-time options data, we cannot enable real-time access until this process is complete.
At this time, Market Data serves only non-professional users and follows a strict review process to ensure compliance with OPRA policies. All users requesting options data must submit their employment history for review.
Get Started With OPRA Data
If you’re already a user, real-time options data may now be included in your plan, depending on your account type. If you’re new to Market Data, there’s never been a better time to join.
Thanks for trusting us with your market data needs. We’re proud to bring you official, real-time options data. We’re continuing to expand our data coverage on an ongoing basis.
Want to explore what this means for your workflow? Reach out or explore our plans today.