The NYSE Arca, Inc. has proposed a rule to amend its fees and charges related to co-location services by adding two new Partial Cabinet Solution (PCS) bundles, named Options E and F. These new options update existing bundles with faster 40 Gb connections, compared to the previous 10 Gb, to meet customer demand for higher connectivity. Customers who subscribe to these new options by the end of 2021 will receive a 50% discount on monthly fees for the first year. The proposal aims to offer more options for users and ensure fair competition, and public comments are invited before a final decision is made.
Simple Explanation
The NYSE Arca wants to change its fees so people can get faster internet connections if they have computers at their place, and if they sign up soon, they can get a big discount. They're asking people what they think before deciding.