2 Jun 2025
💻Proposed Rule Change for Hardware and Managed Services at NYSE Texas
Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing of a Proposed Rule Change To Amend the Connectivity Fee Schedule
Summary
The NYSE Texas proposes amendments to its Connectivity Fee Schedule, introducing hardware procurement and managed services at the Mahwah Data Center. This aims to ease the procurement process for Users by allowing them to contract directly with FIDS, thus facilitating faster service access while simplifying vendor onboarding procedures.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change includes adding hardware procurement and managed services to the Connectivity Fee Schedule at NYSE Texas, facilitating easier procurement for Users while imposing a 10% service fee. This can streamline operations and reduce onboarding burdens for businesses, directly impacting cost structures and service offerings.