BMLL had added OPRA (Options Price Reporting Authority) options data to its coverage.
Specifically, BMLL now offers its global participants access to six years of historical, nanosecond unconflated OPRA options data.
Paul Humphrey
The expansion contributes to BMLL’s equities coverage which is at 98% of the MSCI All-Country World Index.
Paul Humphrey, chief executive at BMLL, said: “Adding OPRA options data is another significant milestone in our data coverage expansion strategy. To date, we have built out our equities coverage to 98% of the MSCI All-Country World Index.
“Including OPRA options in our data and analytics capabilities is a natural evolution for BMLL, driven by customer demand for a best-in-class product and very much in line with our multi-asset strategy.”
OPRA consolidates and distributes options data which stems from every US equity options exchange – in a unified feed.
The new data is available via BMLL Data Lab and BMLL Data Feed, via AWS S3.
“Spiralling data costs and OPRA’s expansion of its data dissemination from 48 to 96 lines in February 2024 have placed a significant burden on market participants, both in terms of managing market data budgets and also the necessary data infrastructure [to handle 4TB of data per day]”, added David Robinson, chief technology officer at BMLL.
“As a result, firms are looking for cloud-based OPRA data services that are easy to access, within their existing workflows.”