The Nasdaq Smart Options data feed is designed to provide a cost-efficient, low-bandwidth method to consume the full Options Price Reporting Authority (OPRA) data feed while still delivering the necessary dataset that firms require for options trading.
Access options data with optionality and flexibility for access, including on premise, cloud (streaming and rest), and via other data providers.
Reduced Overhead & Cost Savings
Reduce operating costs typically required to support the full OPRA feed.
View the same critical national best bid and offer, trade data and administrative messages without consuming the full OPRA dataset, receiving the data you need with 80% less bandwidth requirement.
How to Access
Nasdaq Smart Options data delivery supports NBBO and Trade messages as well as administrative messages for all listed options. We filter out the Individual BBO data, reducing the noise of data overload and downsizing delivery to help you save more than 80% of the bandwidth requirementof the full OPRA feed.
Options: Trends in the Market
Nasdaq’s Smart Options Data Product, a Solution That Increases Accessibility to the Options Market
Josh Bruckstein, Product Management Senior Specialist at Nasdaq, joins Jill Malandrino on Nasdaq TradeTalks to discuss Nasdaq’s Smart Options Data Product, a solution that increases accessibility to the options market.
Go to nasdaq.com/solutions/nasdaq-smart-options to learn more