💻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 To Add Hardware Procurement Services and Managed Services
Summary
NYSE National has proposed amendments to its Connectivity Fee Schedule to include hardware procurement and managed services, aimed at facilitating easier access to IT resources for Users in the colocation halls of the Mahwah Data Center. The proposed changes address requests from market participants to streamline vendor relationships for hardware and managed IT services.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change regarding the addition of hardware procurement and managed services may significantly affect businesses utilizing the NYSE National colocation services, as it streamlines the procurement process and integrates additional service options while imposing a 10% service fee. This creates new financial liabilities but also potential efficiency gains for businesses in acquiring necessary IT hardware and support.