Nasdaq PHLX LLC filed a proposed rule change with the Securities and Exchange Commission to adjust certain fees for its market data products based on inflation. The changes are intended to restore fees to their original real value, as many have not been updated for years and have decreased in real terms due to inflation. The adjustments will be phased in over three years, starting in 2025. The exchange claims this change is necessary to recoup investments made to enhance their products and maintain technology infrastructure, ensuring they continue to meet the needs of their customers.
Simple Explanation
Nasdaq PHLX LLC wants to raise some prices because money doesn't buy as much as it used to, and they need to make sure they have enough to keep their stuff updated and working well. Some people are unsure if this is really fair because it might feel like the prices are going up too much or too fast without a clear reason.