The Options Price Reporting Authority (OPRA) provides, through Market Data Vendors, last sale information and current options quotations from a committee of Participant Exchanges designated as the Options Price Reporting Authority. Volumes for the consolidated feed have continued to rise and with the introduction of the new binary version which will be released on April 8th 2013, daily output volumes are projected to be over 24 billion messages in 2013 bringing new technology challenges to consuming applications.

Based on FPGA technology, Celoxica's new OPRA binary feed handler enables their clients to be ready for the launch date and will provide the ability to consume the OPRA market data consistently at line-speed, unlike software-only solutions. New processing capabilities provide the ability to subscribe to required symbols allowing for consumption of only relevant data in the most efficient manner. By utilizing Celoxica streaming technology only relevant data is delivered to independent CPU cores, which maximizes the efficiency of trading applications and allows the lowest server footprint to handle such high market data volumes.

"For Options traders the new OPRA binary feed presents new opportunities but also new technology challenges," said Gilles Herfeld, Celoxica's CTO. "Celoxica's new OPRA binary market feed ensures that users will be ready for the launch on 8th April to consume data and strategize in the fastest most consistent way, whilst ensuring their server footprint and colocation costs are kept to a minimum."