Thomson Reuters has launched a new hosted, low-latency direct feed to the US Options Price Reporting Authority (OPRA). The solution is delivered through Reuters Hosting Solutions (RHS).
The offering features direct exchange delivery using Radianz Ultra Access, a high-speed service that delivers OPRA data to the RHS data centre in sub-millisecond timeframes, with 100% availability.
All hardware and platform components fully managed by Thomson Reuters at the hosting centre. Other technical features of the OPRA solution include full support for Reuters APIs and symbology, support for separate NBBO and regional quote streams, and consumption-based pricing, giving customers control over market data costs.
“Algorithmic and programmatic trading systems require access to full-tick, low-latency OPRA data through a scalable service that can handle not only today’s 3 billion-plus messages per day, but also tomorrow’s projected growth rates,” said Bill Ruvo, global business manager, real-time feeds, Thomson Reuters, in a statement.