# Federal Register #SR-CboeEDGA-2026-027

SEC review of exchange rule changes: Trading Platform definition update and new co-location service bundle

**Buyer:** Securities and Exchange Commission
**Posted:** September 14, 2026
**Identifier:** SR-CboeEDGA-2026-027
**NAICS:** 523210

This opportunity involves proposed rule changes by major U.S. securities exchanges, reflecting evolving trading technologies and service offerings.
- Government Buyer:
  - Securities and Exchange Commission (SEC), Division of Trading and Markets
- OEMs and Vendors Mentioned:
  - Cboe EDGA Exchange, Inc.
  - NYSE National, Inc.
- Products/Services Requested:
  - NYSE National proposes a new 4 kW Partial Cabinet Solution bundle for co-location services
    - No part number or quantity specified
  - Cboe EDGA Exchange proposes an amendment to its Fee Schedule, updating the definition of 'Trading Platform' to include decentralized and blockchain-based venues
- Unique or Notable Requirements:
  - The Trading Platform definition now encompasses decentralized and blockchain-based order-matching venues, reflecting market innovation
  - NYSE National's new co-location bundle addresses demand for higher power and updated service offerings
- No specific purchase quantities, part numbers, or procurement of goods/services are requested; these are regulatory and service updates by the exchanges

### Description

The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change by Cboe EDGA Exchange, Inc. The rule change involves amending the fee schedule to update the definition of “Trading Platform” to include similar order-matching execution venues or decentralized platforms, including blockchain-based or tokenized environments. This update aims to capture changes in market structure and trading technology, ensuring equitable allocation of fees among functionally equivalent venues. The filing is effective immediately upon publication.

[View original listing](https://www.federalregister.gov/documents/2026/09/14/2026-18659/self-regulatory-organizations-cboe-edga-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)