Search Results for keywords:"competitiveness"

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Search Results: keywords:"competitiveness"

  • Type:Notice
    Citation:86 FR 4166
    Reading Time:about 12 minutes

    The Securities and Exchange Commission approved a proposed rule change by the New York Stock Exchange (NYSE) to amend Section 907.00 of its Listed Company Manual, which extends the period during which newly listed and transfer companies can receive complimentary products and services from 24 to 48 months. These services include market surveillance, web hosting, and analytics, among others, and are provided by third-party vendors. The purpose of this expansion is to help NYSE stay competitive in attracting new listings and transfers by offering extended benefits similar to those provided by Nasdaq. The approval ensures that the rule is transparent and does not discriminate unfairly among companies.

    Simple Explanation

    The New York Stock Exchange is giving newly listed companies extra free services for twice as long as before, sort of like getting an extended trial period, to make them pick NYSE over other options like Nasdaq.

  • Type:Notice
    Citation:86 FR 8440
    Reading Time:about 18 minutes

    The NYSE Chicago has proposed a rule change to amend its Fee Schedule related to co-location services by introducing two new Partial Cabinet Solution (PCS) bundles, known as Options E and F. These bundles offer upgraded 40 Gb connections, catering to customers with minimal power and space requirements, at the same initial charge as existing options but with higher monthly fees. Customers who subscribe to these options before the end of 2021 will receive a 50% discount on monthly charges for the first year. The changes are aimed at increasing competitiveness by expanding available choices for users.

    Simple Explanation

    NYSE Chicago wants to offer some new bundles for computer space that come with faster connections, and if you sign up before the end of the year, you get a half-off discount on monthly fees for one year. It's like getting a bigger and faster toy box for your toys, but you pay more each month!