2 Jun 2025
💻NYSE Proposes Changes to Connectivity Fee Schedule for Services
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of a Proposed Rule Change To Amend the Connectivity Fee Schedule
Summary
The NYSE has proposed amendments to its Connectivity Fee Schedule to include hardware procurement and managed services at the Mahwah Data Center. This change aims to streamline services for users by allowing them to contract through FIDS, enhancing operational efficiency while maintaining flexibility in vendor choices.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change introduces new hardware procurement and managed services, which can affect costs and operational efficiencies for businesses utilizing the NYSE colocation services. The 10% service fee for these services and the convenience of using existing vendor relationships create significant implications for business decisions regarding cost management and vendor engagement.