Search Results for keywords:"co-location services"

The NYSE Arca, Inc. has proposed a rule change to the Securities and Exchange Commission to set up new procedures for allocating power to its co-located users. This change is in response to increased demand for power, partly due to high trading volumes during the COVID-19 pandemic. The proposal includes limitations on how much power and how many cabinets users can purchase if inventory or capacity drops below certain levels. Users may be put on a waitlist if resources reach zero, ensuring fair distribution without unfair discrimination between different market participants.

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.

Nasdaq GEMX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish new fees for its expanded co-location services. The filing was made effective immediately, and the SEC is seeking public comments on this proposal. Interested parties can submit their comments through the SEC's website or via email, ensuring that they mention the file number SR-GEMX-2025-04 in their correspondence. The deadline for comments is February 18, 2025.

The Securities and Exchange Commission (SEC) announced that Nasdaq ISE, LLC (ISE) has submitted a proposed rule change on January 10, 2025. This rule change aims to set new fees for its expanded co-location services, allowing traders to place their trading equipment near ISE's servers for faster access. The SEC is inviting public comments on this proposal, and interested parties can submit their thoughts electronically through the SEC's website or by mail until February 18, 2025. This proposal has been designated for immediate effectiveness under U.S. securities law, although the SEC can delay its implementation if needed to protect investor interests.

The NYSE American LLC has proposed changes to its co-location services, specifically to their Equities Price List and Fee Schedule and the Options Fee Schedule. The changes aim to introduce two new Partial Cabinet Solution bundles, Options E and F, which offer upgraded network connections for users who need fast data transfer but can't justify the expense of a dedicated cabinet. The proposal states that these bundles would be available for the same setup fee as current options but with different monthly charges, and a 50% monthly fee reduction for the first year is offered if purchased by the end of 2021. The proposed rule change is designed to increase choice in a competitive market without treating any group unfairly.

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.

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.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by NYSE National, Inc. to amend its schedule of fees and rebates for co-location services. The exchange wants to add two new Partial Cabinet Solution (PCS) bundles, Options E and F, which offer enhanced 40 Gb connections compared to the previous 10 Gb options. This addition aims to attract smaller users who might benefit from a 40 Gb option without needing a full cabinet. The SEC is inviting public comments on this proposal, and users who purchase these new options by December 31, 2021, will receive a discount for the first year.

Nasdaq ISE, LLC has proposed new fees for its expanded co-location services, as outlined in a filing with the Securities and Exchange Commission. The proposed changes include a monthly fee of $7,230 for Ultra High Density Cabinets and a $5,940 installation fee for cabinets in the expanded data center known as NY11-4. Additionally, installation fees are set at $3,600 and $4,560 for different power options, and the Exchange will offer Power Distribution Units (PDUs) as a convenience, although customers can opt to provide their own. These changes aim to match the cost of updated facilities while maintaining consistency with current pricing structures.

The Securities and Exchange Commission is considering a proposal by NYSE National, Inc. to establish procedures for allocating power to its co-located users. As high demand for power has arisen due to market volatility, NYSE National plans to expand power capacity and make it available for users. The proposed changes include setting limits on power and cabinet purchases and implementing a waitlist if supplies run low. This aims to manage resources fairly among users and ensure everyone has a chance to access the needed power and cabinet space.