Search Results for keywords:"market rates"

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.

The Pension Benefit Guaranty Corporation (PBGC) has issued a final rule updating how it calculates the value of payments owed to people in closing single-employer pension plans. This change affects how these values, based on interest rates, are calculated from January 31, 2025, to April 29, 2025. The new rule specifies the methods for aligning these calculations with current market rates to ensure they accurately reflect group annuity prices. The rule takes effect on January 31, 2025, and was released without the typical public comment period to expedite its implementation and align these interest assumptions with market changes.

The Securities and Exchange Commission published a notice about a new rule proposed by The Nasdaq Stock Market LLC to set fees for expanded co-location services at its data center. The rule involves introducing a new type of cabinet, called the Ultra High Density Cabinet, and various power and power distribution units, each with specific fees. The purpose of these changes is to respond to increasing demand and to facilitate operational efficiencies in their data center. The Nasdaq Stock Market ensures that these services and fees will be uniformly available to all customers and does not expect any unfair competitive impacts from the proposal.