💻NYSE Proposes Amendments to Connectivity Fee Schedule
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Connectivity Fee Schedule
Summary
The New York Stock Exchange (NYSE) has filed a proposed rule change to amend its Connectivity Fee Schedule, which outlines available third-party systems and data feeds for Users. The updates include deletions and name changes for clarity, but no changes to existing fees are proposed, ensuring no adverse financial impact on Users. This effort aims to enhance transparency and user experience for market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by the NYSE to amend the Connectivity Fee Schedule directly impacts businesses utilising colocation services, as it clarifies which third-party systems and data feeds Users can connect to without any increase in fees. This regulatory update simplifies connectivity options while keeping costs stable, thereby potentially influencing businesses' strategic decisions on data infrastructure.