Federal Register #SR-NYSEAMER-2026-50

SEC Announces Proposed Colocation Service Bundles and Tokenized Securities Trading Pilot

This opportunity involves proposed rule changes by NYSE American LLC and 24X National Exchange LLC, as announced by the Securities and Exchange Commission (SEC): - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors Mentioned: - NYSE American LLC (colocation services provider) - 24X National Exchange LLC (exchange operator) - Products/Services Requested: - NYSE American LLC proposes two Partial Cabinet Solution (PCS) bundle options for colocation services: - Option A: 2 kW partial cabinet, 1 LCN connection (10 Gb LX or 40 Gb), 1 IP network connection (10 Gb or 40 Gb), 2 NMS network connections (10 Gb or 40 Gb each), 2 fiber cross connections, and either Network Time Protocol Feed or Precision Timing Protocol. $10,000 initial charge, $16,500 monthly per bundle. - Option B: 4 kW partial cabinet, 1 LCN connection (10 Gb LX or 40 Gb), 1 IP network connection (10 Gb or 40 Gb), 2 NMS network connections (10 Gb or 40 Gb each), 2 fiber cross connections, and either Network Time Protocol Feed or Precision Timing Protocol. $12,000 initial charge, $19,000 monthly per bundle. - 24X National Exchange LLC proposes enabling trading of tokenized equity securities and exchange traded products during a DTC pilot program. - Unique or Notable Requirements: - PCS bundles are designed for market participants with minimal power or cabinet space needs, offering flexible and cost-effective colocation options. - Pricing is uniform and applies equally to all users; participation is voluntary. - The 24X National Exchange LLC pilot enables trading of tokenized securities, subject to SEC No-Action Letter terms.

Description

The Securities and Exchange Commission has filed a proposed rule change by NYSE American LLC to add a new partial cabinet solution bundle. This bundle offers market participants a smaller, 4 kW partial cabinet option with specified network connections and timing protocol feeds. The proposal aims to provide more flexible and cost-effective colocation services to users, especially those with minimal power or cabinet space demands. The change is voluntary and applies equally to all users, enhancing competitive options in the market.

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