17 Jun 2025
📈NYSE Connectivity Fee Schedule Proposed Rule Changes
Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Texas, Inc.; NYSE National, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Changes To Amend the Virtual Control Circuit Service in the Connectivity Fee Schedule
Summary
The SEC issued a notice extending the review period for proposed rule changes by various NYSE organizations related to connectivity fees. These changes aim to amend the fee structure for connections to trading floors from the Mahwah Data Center, reflecting the exchanges' evolving operational costs and regulatory considerations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes regarding the connectivity fee schedule may affect operational costs for businesses utilizing the New York Stock Exchange and its affiliates, thus requiring owners and executives to assess potential financial impacts and compliance requirements.