Nasdaq MRX, LLC has proposed a new rule to establish fees for its expanded co-location services in its data center in Carteret, NJ. The expansion includes new options like Ultra High Density Cabinets, with fees based on their power capacity. The changes also introduce installation fees for cabinets and power distribution units, reflecting increased costs and enhanced features in the new data center area. The Securities and Exchange Commission is reviewing these proposals and invites the public to comment on them.
Simple Explanation
Nasdaq MRX wants to add new options for placing their computer equipment in a special building and charge fees for this. The changes include higher fees for new, more powerful cabinets, and they want people to know and talk about it before it happens.