Nasdaq MRX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend the fees for several of its market data products. These products include the Depth of Market Feed, Order Feed, Top Feed, Trades Feed, Spread Feed, and Subscriber Fees, which will be adjusted based on inflation rates. The proposal has been designated for immediate effectiveness, and the SEC is seeking comments from the public regarding this rule change. Interested parties can submit their opinions through the SEC's online platforms, and all submissions should be made by February 3, 2025, referencing file number SR-MRX-2024-49.
Simple Explanation
Nasdaq MRX wants to change the prices they charge for some of their market data services because of inflation, but they haven't explained exactly how they'll do it. They are asking people to share their thoughts on this change by sending messages to a special website before February 3, 2025.