Federal Register #SR-Phlx-2026-36

Nasdaq PHLX LLC Rule Change: Removal of Obsolete Connectivity Services and Market Data Feeds

This notice concerns a proposed rule change by Nasdaq PHLX LLC, published by the Securities and Exchange Commission (SEC), regarding amendments to Rule General 8 (Connectivity): - The rule change removes obsolete connectivity services and market data feeds no longer used by Exchange customers - Connectivity options discontinued in NY/NJ, Toronto, and Chicago - Market data feeds removed include: Nasdaq OpenBook Realtime, NYSE Alerts, Arca Trades, AMEX-Ultra, OPRA, CME, CBOE BZX Depth, BYX Depth, EDGA Depth, EDGX Depth, and TSX/TSXV - The Cooling (Door) Fans product and Power Consulting Service are deleted due to no recent subscribers - Technical terminology is updated from "110 volt" to "110/120 volt" to match industry standards - The SEC is soliciting public comments on this rule change - No procurement of products or services is involved; no OEMs or vendors are named beyond Nasdaq PHLX LLC and the SEC

Description

The Securities and Exchange Commission has filed a notice regarding Nasdaq PHLX LLC proposing to amend Rule General 8 concerning connectivity. The proposed changes include removing certain connectivity services and market data feeds that are no longer in use by customers, as well as updating terminology for certain technical specifications to reflect industry standards. The amendments aim to enhance clarity, remove obsolete offerings, and maintain uniform application of fees and services to all Exchange customers. The rule change has been made effective immediately and is open for public comment until July 6, 2026.

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