Federal Register #SR-NasdaqTX-2026-016

SEC Notice: Nasdaq Texas, LLC Testing Facility Connectivity Fee Increase

This notice details a proposed rule change overseen by the Securities and Exchange Commission (SEC) regarding Nasdaq Texas, LLC's Testing Facility connectivity services in Carteret, New Jersey. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - Nasdaq Texas, LLC (service provider and operator of the Testing Facility) - Services Requested / Fee Changes: - Monthly hand-off fee for Testing Facility connectivity increases from $1,000 to $1,100 per hand-off, per month - One-time installation fee for Testing Facility connectivity increases from $1,000 to $1,100 per hand-off - Both fees apply to connections at the Testing Facility in Carteret, New Jersey - Unique or Notable Requirements: - Fee adjustments are based on the Producer Price Index (PPI) for Data Processing and Related Services (NAICS 518210) to account for inflation and technology investment - Fee changes apply uniformly to all market participants purchasing connectivity services from Nasdaq Texas, LLC - No specific hardware products or additional vendors are mentioned; only service fee changes are described - Place of Performance: - Testing Facility in Carteret, New Jersey - SEC is the overseeing federal office

Description

The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq Texas, LLC to amend fees for certain connectivity services. The proposal includes a 10% increase in fees related to the Testing Facility located in Carteret, New Jersey, including monthly hand-off fees and one-time installation fees. The fee adjustment is based on an industry-specific Producer Price Index to reflect inflation and support continued investment in technology and services. The change is effective immediately and open for public comment.

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