The New York Stock Exchange (NYSE) Texas has proposed changes to its fee structure and connectivity services. This proposal would allow users to connect with new third-party systems and data feeds without additional monthly charges, unless they choose those specific services. The changes aim to create more options for users to manage data connections and fees by including new systems like Blue Ocean ATS and MEMX. The plan also outlines regulatory compliance measures and supports competitive market dynamics by providing alternatives that match user needs.
Simple Explanation
The NYSE Texas wants to let people connect to new data systems without extra fees unless they pick certain options, making it easier to choose what works best for them. But, some parts of the plan are confusing and might help big companies more than small ones.