Search Results for keywords:"NY11-4"

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Search Results: keywords:"NY11-4"

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  • 2024-28542 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Its Expanded Co-Location Services
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    Type:Notice
    Citation:89 FR 97122
    Reading Time:about 16 minutes

    Nasdaq PHLX LLC has proposed a new rule to establish fees for expanded co-location services at its data center in Carteret, NJ, as filed with the Securities and Exchange Commission. The proposal introduces a range of fees for new Ultra High Density Cabinets, cabinet installation, and power distribution units (PDUs) in the expanded facility, known as NY11-4. These changes are intended to reflect the costs and operational efficiencies of supporting higher density power options. The fees, which are consistent with market rates, are meant to cover the increased costs and provide flexibility for customers in managing their connections to the exchange.

    Simple Explanation

    Nasdaq PHLX LLC wants to charge new fees for using special storage spaces and equipment at their New Jersey data center to help with their computer connections. They say these fees are fair, but some people are worried it might be hard to tell if they are too high or if there are other choices that might be better.

  • 2024-28545 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Its Expanded Co-Location Services
    💰
    Type:Notice
    Citation:89 FR 97089
    Reading Time:about 16 minutes

    Nasdaq ISE, LLC has proposed new fees for its expanded co-location services, as outlined in a filing with the Securities and Exchange Commission. The proposed changes include a monthly fee of $7,230 for Ultra High Density Cabinets and a $5,940 installation fee for cabinets in the expanded data center known as NY11-4. Additionally, installation fees are set at $3,600 and $4,560 for different power options, and the Exchange will offer Power Distribution Units (PDUs) as a convenience, although customers can opt to provide their own. These changes aim to match the cost of updated facilities while maintaining consistency with current pricing structures.

    Simple Explanation

    Nasdaq ISE wants to charge new fees for people using their special computer homes to make things faster. They say these fees are to cover the cost of making the computer homes better, but some people are worried because the reasons behind the fee amounts are not very clear.