Federal Register #SR-GEMX-2026-30

Nasdaq GEMX, LLC Rule Change to Remove Obsolete Market Data Connectivity Services

This notice concerns a proposed rule change by Nasdaq GEMX, LLC, published by the Securities and Exchange Commission (SEC). - The proposal aims to update Rule General 8, Section 1(b) by removing obsolete connectivity services and offerings. - Affected services include: - Fiber optic-delivered market data connectivity to the Nasdaq Data Center for SIAC, CTS/CQS, OpenBook Ultra, and ArcaBook Multicast - Wireless connectivity offerings such as NYSE Equities (Arca Integrated and NYSE Integrated), BATS Multicast PITCH for BZX and BYX, Direct EDGE Depth of Book for EDGA and EDGX, CME Multicast Total, CME Equities Futures Data Only, CME Fixed Income Futures Data Only, and CME Metals Futures Data Only - The previously proposed but never implemented Proximity-On-Demand (POD) service - No new products, services, or fees are being introduced; the changes are for rulebook accuracy and clarity - OEMs and data providers referenced include Nasdaq GEMX, LLC, NYSE, BATS, Direct EDGE, and CME - No purchase quantities, part numbers, or procurement actions are specified, as this is a regulatory update, not a solicitation

Description

Nasdaq GEMX, LLC proposes to amend Rule General 8, Section 1(b) to remove certain fiber optic-delivered market data offerings and discontinued wireless connectivity services. The Exchange also proposes to discontinue a previously proposed but not implemented Proximity-On-Demand (POD) offering. These changes update the rulebook to remove obsolete services, enhance clarity, and do not introduce new fees or services. The fiber optic offerings will terminate effective September 30, 2026, and wireless offerings were terminated effective August 31, 2025.

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