Federal Register #SR-NASDAQ-2026-056

Nasdaq Proposes Fees for TNO Cross-Connect Service in Data Center

This opportunity concerns a proposed rule change by The Nasdaq Stock Market LLC, as published by the Securities and Exchange Commission (SEC): - Government buyer: Securities and Exchange Commission (SEC) - OEMs and vendors mentioned: - The Nasdaq Stock Market LLC (service provider) - NYSE (referenced for fee comparison) - Products/services requested: - TNO Cross-Connect Service (telecommunications network operator connectivity) - $550 installation fee per connection - $385 monthly recurring fee per connection - Service involves cabling from a TNO's carrier cabinet to a Nasdaq-managed distribution point within the Exchange's data center campus - Unique or notable requirements: - All telecommunications network operators (TNOs) providing services to Nasdaq colocation customers must use this cross-connect service - Fees are lower than comparable NYSE offerings - No physical products are being procured; this is a service-based rule change - No specific part numbers or product quantities are listed, as this is a service offering - No other OEMs or vendors are mentioned beyond Nasdaq and NYSE

Description

The Nasdaq Stock Market LLC has filed a proposed rule change with the SEC to amend Rule General 8 Connectivity to establish fees for its TNO Cross-Connect Service. This service involves telecommunications network operator connectivity, specifically cabling from a TNO's carrier cabinet to a Nasdaq-managed distribution point within the Exchange's data center campus. The proposed fees include a $550 installation fee and a $385 ongoing monthly fee. The rule change is effective immediately and is open for public comment.

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