Nasdaq BX, Inc., a self-regulatory exchange, has proposed new fees for expanding its co-location services in its NY11-4 data center. These fees cover monthly charges for new "Ultra High Density Cabinets," installation fees for these and other cabinet types, and fees for power and power distribution options. The exchange justifies the fees as reasonable and consistent with market rates, offering flexible choices to customers, who may opt for third-party providers if they prefer. The Securities and Exchange Commission is accepting public comments on this proposal until December 27, 2024.
Simple Explanation
Nasdaq BX wants to charge new fees for special "super strong boxes" and power services in their building to help companies keep their computers closer to each other for quicker data sharing. They ask if these prices are fair and invite people to share their thoughts until December 27, 2024.