Federal Register #SR-NASDAQ-2026-046

SEC Notice: Proposed Rule Change for Nasdaq Intrafirm Cabinet Connectivity Services

This opportunity concerns a proposed rule change for data center connectivity services at Nasdaq facilities, as published by the Securities and Exchange Commission (SEC). - Government Buyer: - Securities and Exchange Commission (SEC) - The Nasdaq Stock Market LLC and Nasdaq Texas, LLC are the service providers and OEMs - OEMs and Vendors: - The Nasdaq Stock Market LLC - Nasdaq Texas, LLC - Products/Services Requested: - Non-contiguous intrafirm cabinet connectivity services (fiber cross-connects) within Nasdaq data center halls - Bundled monthly service options for 1, 6, 12, 18, and 24 cross-connects - No installation fee; only recurring monthly charges - Unique or Notable Requirements: - All intrafirm cabinet fiber connectivity must be procured directly from the Exchange (Nasdaq); third-party providers are no longer permitted - The Exchange will directly administer, supply, inventory, and audit all fiber used for these services - The rule change aims to centralize oversight and enhance the operational integrity of the data center infrastructure - Custom installation pricing is eliminated in favor of standardized monthly fees

Description

The Nasdaq Stock Market LLC has filed a proposed rule change to amend Rule General 8 regarding intrafirm cabinet connectivity. The amendment explicitly lists non-contiguous intrafirm cabinet connectivity as a subset of Fiber connectivity and modifies the fee structure for this service. The proposal includes eliminating the option for custom installation pricing and instituting a monthly fee schedule for cross-connects, with no installation fee. This change aims to enhance the integrity and oversight of the Exchange's data center connectivity infrastructure by centralizing administration and monitoring of intrafirm cabinet connectivity.

View original listing