2 Jun 2025
💻NYSE National Proposes Changes to Connectivity Fee Schedule
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing of a Proposed Rule Change To Amend the Connectivity Fee Schedule
Summary
NYSE National has filed a proposed rule change to amend its Connectivity Fee Schedule by introducing hardware procurement and managed services in the Mahwah Data Center. This aims to simplify service access for users, allowing them to contract through FIDS instead of directly with third-party vendors, thereby streamlining procurement and service management.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by NYSE National to amend the Connectivity Fee Schedule introduces hardware procurement and managed services. These changes could reduce burdens for businesses seeking colocation services, providing more streamlined procurement options. The 10% service fee could impact overall costs for users.