Type:Notice
Citation:90 FR 8314
Reading Time:about 3 minutes
Nasdaq BX, Inc. has proposed a rule change to introduce fees for its expanded co-location services. This proposal was filed with the Securities and Exchange Commission (SEC) on January 8, 2025, and is set to take immediate effect. The SEC is inviting public comments on whether this rule change aligns with the Securities Exchange Act. Those interested can submit their views online or via mail, ensuring they reference file number SR-BX-2025-003 in their correspondence.
Simple Explanation
Nasdaq BX wants to start charging for a special service that lets computers be really close to their machines to make trading faster. The rule change is new, and people can tell the government what they think about it.