The Options Symbology Initiative

David H. Harrison

Journal of Securities Operations & Custody, 2010, vol. 2, issue 4, 333-339

Abstract: Exchange-listed options are the fastest growing asset class traded on exchanges in the USA today. The volume last year was a 295 per cent increase over the number of contracts traded just five years before. The listed options industry has undergone tremendous changes since it began in 1973, but the manner in which market data was being conveyed among market participants has been stuck in a decades-old and increasingly inefficient infrastructure. The Options Symbology Initiative (OSI) is designed to update the industry infrastructure to allow for enhanced new product innovation, more accurate calculations for corporate actions and improved retail investor understanding of the product. The focus of this paper is to educate the reader about the project and its benefits to the options industry.

Keywords: symbology; options; infrastructure; corporate actions; investor (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/1915/download/ (application/pdf)
https://hstalks.com/article/1915/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2010:v:2:i:4:p:333-339

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().