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).

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RELATED FAQS
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    Option quotes are different in price and in volume because identical options can trade on more than one market or exchange. ... Read Answer >>
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    The trading of options has become increasingly popular among retail investors as they become aware of the many different ... Read Answer >>
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    There are three major U.S. financial securities markets which are: New York Stock Exchange (NYSE): NYSE is a stock exchange ... Read Answer >>
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