Options Price Reporting Authority - OPRA


DEFINITION of 'Options Price Reporting Authority - OPRA'

A committee of representatives from participating exchanges responsible for providing last-sale options quotations and information from the participating exchanges.

BREAKING DOWN 'Options Price Reporting Authority - OPRA'

OPRA divides its services into two main areas: a basic service for all options except foreign currency derivatives and a "FCO service" for foreign currency options information. The organization includes the American Stock Exchange (AMEX), Chicago Board Options Exchange (CBOE), Boston Options Exchange (BOX), International Securities Exchange (ISE), Pacific Exchange (PCX) and Philadelphia Stock Exchange (PHLX).

  1. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  2. Option

    A financial derivative that represents a contract sold by one ...
  3. Chicago Board Options Exchange ...

    Founded in 1973, the CBOE is an exchange that focuses on options ...
  4. American Stock Exchange - AMEX

    The third-largest stock exchange by trading volume in the United ...
  5. Exercise Price

    The price at which the underlying security can be purchased (call ...
  6. Pacific Exchange - PCX

    An exchange network that coordinates the trading of stock options ...
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