Search Results for keywords:"SQF Purge Ports"

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Search Results: keywords:"SQF Purge Ports"

  • Type:Notice
    Citation:90 FR 2051
    Reading Time:about 4 minutes

    Nasdaq PHLX LLC, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase port fees for the Specialized Quote Feed (SQF) Ports and SQF Purge Ports in Options 7, Section 9. This rule change was filed on December 20, 2024, and is set to take effect immediately, although it will become operative on January 1, 2025. The SEC is inviting public comments on this proposal until January 31, 2025, and all interested parties are encouraged to submit their views and arguments regarding the change.

    Simple Explanation

    Nasdaq PHLX wants to charge more money for special types of computer connections used in trading, starting next year, and they want people to share their thoughts about it.

  • Type:Notice
    Citation:90 FR 2048
    Reading Time:about 4 minutes

    Nasdaq BX, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its fees for ports used in the BX Options 7, Section 3, specifically for the Specialized Quote Feed (SQF) and SQF Purge Ports. The change will take effect immediately as of December 20, 2024, but the new pricing will be officially operative starting January 1, 2025. The SEC invites the public to submit comments regarding whether this proposed rule is consistent with the Securities Exchange Act of 1934. All the relevant documents and details about the change are available on both the Nasdaq and SEC websites.

    Simple Explanation

    Nasdaq BX wants to charge more money from people who use their special computer connections to trade faster, and they told the government they're doing it. They want people to tell them if they think charging more is fair, but they didn't say how much more it will cost.

  • Type:Notice
    Citation:89 FR 104597
    Reading Time:about 18 minutes

    Nasdaq PHLX LLC has submitted a proposal to increase fees related to its Specialized Quote Feed (SQF) Ports and SQF Purge Ports by 10%, effective January 1, 2025. This increase aims to help the Exchange maintain and enhance its market technology infrastructure. The company argues that it hasn't raised these fees since the mid-2010s, while inflation and the costs of improving services have increased. The proposal invites interested individuals to send comments or concerns to the Securities and Exchange Commission within the stipulated period.

    Simple Explanation

    Nasdaq PHLX wants to make it cost a bit more for some special computer connections called SQF Ports, starting next year, so they can keep making their technology better. They haven't raised these costs in a long time, and now they say they need to because everything else got more expensive too.

  • Type:Notice
    Citation:90 FR 2045
    Reading Time:about 4 minutes

    The Nasdaq Stock Market LLC has filed a proposed rule change to raise fees for specific port types in its Options Market rules, specifically the Specialized Quote Feed (SQF) Ports and SQF Purge Ports. The rule change was submitted with the Securities and Exchange Commission (SEC) on December 20, 2024, and has been classified for immediate effect, with the rule to be operational starting January 1, 2025. The SEC is inviting public comments on this proposal, which can be submitted via its website or by mail. The proposal aims to adjust Nasdaq’s port pricing and has been discussed in detail on both Nasdaq and SEC websites.

    Simple Explanation

    Nasdaq wants to charge a bit more money for some special tools it offers to people buying and selling options. They asked for permission to start doing this soon, and people are welcome to say what they think about this idea.