Search Results for keywords:"bandwidth fees"

The NYSE Chicago, Inc. has proposed a rule change to its Connectivity Fee Schedule, aiming to enhance competition by adding new connectivity options to several trading floors, including the New York Stock Exchange. This change introduces new types of connections called TF Connections, which offer users dedicated bandwidth between their data center in Mahwah, New Jersey, and the trading floors. The NYSE Chicago argues that these new options will provide more choices without any unfair advantage or discrimination against telecom companies that also provide similar services. The rule change is open for public comments before a final decision is made by the Securities and Exchange Commission.

NYSE National, Inc. is proposing changes to its fee schedule to include new connectivity options for Users between the data center in Mahwah, New Jersey, and various trading floors like the New York Stock Exchange and NYSE American. These changes introduce "TF Connections," which allow Users to connect for trading-related activities over dedicated bandwidth, with varying monthly fees based on bandwidth size. The proposal aims to provide more options without providing any unfair advantage and ensures that all market participants have equal access to these connectivity services. The Securities and Exchange Commission invites public comments on this proposal before making any decisions.