Opportunity
Federal Register #SR-NasdaqTX-2026-032
Nasdaq Texas Proposes Direct Provision of Intrafirm Cabinet Fiber Connectivity Services
Buyer
Securities and Exchange Commission
Posted
July 22, 2026
Identifier
SR-NasdaqTX-2026-032
NAICS
517311
This notice concerns a proposed rule change by Nasdaq Texas, LLC, as published by the United States Securities and Exchange Commission (SEC): - Government Buyer: - Securities and Exchange Commission (SEC) - Self-Regulatory Organization: Nasdaq Texas, LLC - OEMs and Vendors: - Nasdaq Texas, LLC (service provider and operator) - Products/Services Requested: - Non-contiguous intrafirm cabinet fiber connectivity service within Nasdaq Texas data center halls - Fiber cross-connections between non-adjacent cabinets licensed to the same customer - Service includes furnishing, inventorying, monitoring, auditing, and maintenance - Monthly fee: $385 for a single cross-connect; bundled pricing for 6, 12, 18, and 24 cross-connects ($450, $540, $630, $720 respectively) - No installation fee - Unique or Notable Requirements: - Only Nasdaq Texas, LLC may provide this connectivity; third-party providers are prohibited - Service is centrally administered, monitored, and auditable by Nasdaq Texas - Fees are stated to be lower than comparable NYSE offerings - Applies uniformly to all customers within the data center campus
Description
The Securities and Exchange Commission has filed a proposed rule change by Nasdaq Texas, LLC to amend Rule General 8 regarding intrafirm cabinet connectivity. The proposal requires that non-contiguous intrafirm cabinet fiber connectivity within the Exchange's data center halls be provided directly by Nasdaq, prohibiting third-party providers from offering such connectivity. This change aims to support a standardized, centrally administered, monitored, and auditable connectivity environment within the Exchange's data center campus, enhancing reliability and operational integrity. The proposed fees for this service would apply uniformly to all customers and are lower than comparable fees charged by NYSE. The rule change has become effective pursuant to Section 19(b)(3)(A)(ii) of the Act and is open for public comment.