OPRA - the Options Price Reporting Authority (“OPRA”) is a committee administered by the option exchanges (AMEX, BSE, CBOE, ISE, NYSE Arca, PHLX and NASDAQ) and authorized by the SEC as a registered securities information processor. OPRA acts to collect last sale information and current options quotations from each of the participant exchanges, and then consolidates and disseminates that information through market data vendors distributing its operating income among the exchanges.