28 Apr 2025
🔗NYSE National Connectivity Fee Schedule Amendment
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing of a Proposed Rule Change To Amend the Virtual Control Circuit Service in the Connectivity Fee Schedule
Summary
The SEC published a notice regarding NYSE National's proposed rule change to amend its Connectivity Fee Schedule. The change aims to incorporate virtual control circuit services for connections to trading floors, enhancing market access for users and detailing the fee structure involved.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change offers businesses the opportunity to utilize new connectivity options to trading floors, potentially enhancing trading efficiency. It discusses the fee structure for virtual connections, which could impact operational costs for market participants. Businesses seeking low-latency connections may find these services crucial to their trading strategies, influencing their infrastructure decisions regarding connectivity.