Search Results for keywords:"network connections"

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Search Results: keywords:"network connections"

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  • 2021-02407 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing of Proposed Rule Change To Amend the NYSE American Equities Price List and Fee Schedule and the NYSE American Options Fee Schedule Related to Co-Location Services
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    Type:Notice
    Citation:86 FR 8449
    Reading Time:about 18 minutes

    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.

    Simple Explanation

    The NYSE American LLC wants to offer new choices for sharing computer space where people trade stocks, making it cheaper and faster for everyone. They promise these new choices won't be unfair, but some people are worried because they didn't say much about the reasons for the prices or how it will really help everyone compete.

  • 2024-30350 — Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change by MIAX Sapphire, LLC to Adopt Connectivity and Certain Port Fees for Members and Non-Members
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    Type:Notice
    Citation:89 FR 104254
    Reading Time:about 115 minutes

    The Securities and Exchange Commission (SEC) has announced a new rule proposal from MIAX Sapphire, LLC regarding fees for connectivity and port services. MIAX Sapphire plans to implement fees for network connections and ports, including a waiver period to incentivize participation, after which full fees will apply. The proposed fees aim to cover the costs of providing these services, with some services offered at a loss to attract market participants. The SEC is inviting public comments on these proposed changes.

    Simple Explanation

    MIAX Sapphire wants to start charging fees for using their computer networks, like the way roads have tolls, but they will let people try them for free for a little while to see if they like them. The SEC is asking everyone what they think about these new plans.

  • 2021-02406 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule Change To Amend the Exchange's Price List Related to Co-Location Services
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    Type:Notice
    Citation:86 FR 8443
    Reading Time:about 18 minutes

    The New York Stock Exchange LLC (NYSE) proposed changes to its pricing for co-location services to add two new bundles, Options E and F, which offer upgraded network connections compared to previous options. These bundles cater to smaller users by providing partial cabinet solutions with enhanced 40 Gb connections, with fees outlined in the proposal including a 50% discount on the monthly charges for the first year if purchased by the end of 2021. The proposal aims to make the NYSE's offerings more competitive with other vendors by addressing customer demand for higher bandwidth options. The public is invited to comment on the proposal before February 26, 2021, and a decision will be made within 45 to 90 days from the publication date.

    Simple Explanation

    The New York Stock Exchange wants to offer new and faster internet packages with discounts for people who sign up quickly, but some worry this could be unfair to those who decide slower or don't understand all the details.