The Nasdaq Stock Market LLC has proposed a rule change to adjust its fees based on inflation. The fees have been unchanged for a long time and will now be adjusted through a one-time increase spread over three years: 45% in 2025, 30% in 2026, and 25% in 2027. The adjustments aim to restore fees to their intended real value and support continued investment in technology. These proposed changes apply to various Nasdaq products and are intended to ensure fair value and support the quality of Nasdaq's services.
Simple Explanation
The Nasdaq Stock Market is planning to slightly increase some of its fees over the next three years to catch up with rising costs, kind of like how things at the store get a little more expensive over time. They want to make sure they can keep their systems up-to-date and work well; however, it's not super clear how these changes might affect everyone who uses Nasdaq.