Search Results for keywords:"connectivity fee schedule"

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Search Results: keywords:"connectivity fee schedule"

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  • 2025-01545 — Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Chicago, Inc.; NYSE National, Inc.; Notice of Withdrawal of Proposed Rule Change To Amend the Connectivity Fee Schedule
    Type:Notice
    Citation:90 FR 8064
    Reading Time:about a minute or two

    On December 17, 2024, the New York Stock Exchange LLC and several related exchanges proposed a rule to the Securities and Exchange Commission to change their connectivity fee schedules. This involved adding fees for connections from the Mahwah Data Center to trading floors. However, by December 31, 2024, the exchanges decided to withdraw these proposed changes. The proposed changes had been briefly open for public comment as part of the regulatory review process.

    Simple Explanation

    The New York Stock Exchange and some related exchanges wanted to change how much they charge for certain connections, but they decided not to make these changes right before the new year. They didn't say why they changed their mind, but it was something they thought about for a little bit.

  • 2024-31501 — Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing of Proposed Change To Amend the Connectivity Fee Schedule
    Type:Notice
    Citation:90 FR 342
    Reading Time:about 19 minutes

    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.

    Simple Explanation

    NYSE National wants to change how people connect and trade with them, by offering new and faster ways to connect for a fee, and they promise to make it fair for everyone. The people in charge are asking for opinions before they decide if these changes should happen.