Question about Options Market Data

[hhiusa]

So OPRA only gives me access to the best bid/ask for an equity option? If I want to see all exchanges I need to subscribe separately to ISE, NASDAQ, NYSE Arca, and NYSE Amex options (L2)?

 

[Robert Morse]

What Broker? It differs by market data provider and software. OPRA provides L2 but your broker can offer L1 or L2.

 

[hhiusa]

IB pro

 

[CashDelivery]

yes each exchange is a separate company. they all charge for the overhead of their technology. Opra is not always reliable btw.

 

[Robert Morse]

View attachment 174340
Silexx L2

IB pro

I don't have access to that, but they make those fees available. Since they want most clients to use the option SMART route, they most likely segregate L1 from L2.

We offer non-pro L2 option market data for free on our LVX platfrom for accounts at IB. https://www.lightspeed.com/trading-platforms/livevol-x/

 

[hhiusa]

yes each exchange is a separate company. they all charge for the overhead of their technology. Opra is not always reliable btw.

How do you mean?