Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish fees for its expanded co-location services. This proposal, filed on January 8, 2025, is designed to take immediate effect, and the SEC is requesting public comments on the proposed rule change. Interested individuals can submit their comments via the SEC's website, email, or by mail, ensuring they reference the file number SR-NASDAQ-2025-003. All comments must be submitted by February 18, 2025.
Simple Explanation
Nasdaq wants to charge new fees for a special service that helps computers talk to each other faster, and they're asking people to share their thoughts on it. But they haven't given all the details, so it might be hard to understand exactly what they'll be doing or why.