Nasdaq GEMX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish new fees for its expanded co-location services. The filing was made effective immediately, and the SEC is seeking public comments on this proposal. Interested parties can submit their comments through the SEC's website or via email, ensuring that they mention the file number SR-GEMX-2025-04 in their correspondence. The deadline for comments is February 18, 2025.
Simple Explanation
Nasdaq GEMX wants to charge new fees for some special services they offer to put computers really close together for faster communication, and they want to know what people think about this idea. People can share their thoughts with a special group, the SEC, until February 18, 2025.