Nasdaq ISE, LLC has filed a proposed rule change with the Securities and Exchange Commission concerning the fees for various market data products. These fees will be adjusted based on the rate of inflation, specifically for the Real-time Depth of Market Raw Data Feed, Nasdaq ISE Order Feed, Nasdaq ISE Top Feed, Nasdaq ISE Spread Feed, and Nasdaq ISE Trade Feed. The proposal has taken effect immediately and the Commission is inviting public comments regarding whether the change is consistent with the Securities Exchange Act of 1934. Comments must be submitted by February 5, 2025, and should reference file number SR-ISE-2025-02.
Simple Explanation
Nasdaq ISE, a group that helps people buy and sell stocks, wants to make some costs a little higher because things are getting more expensive overall. They want to do this right away, but they also want people to tell them if they think it's a good idea.