NYSE Amends Connectivity Fee Schedule for Colocation Services

The New York Stock Exchange (NYSE) has proposed a rule change to update its Connectivity Fee Schedule, specifically regarding colocation services and fees. This change aims to include the newly established "NYSE Texas Order Imbalances" proprietary market data product in the list of Included Data Products. The update means that users who already purchase access to the LCN or IP network will be able to connect to this new data feed at no additional cost. This move is designed to enhance the value of colocation services by offering more data products without extra charges, ensuring that users have access to comprehensive market data to support their trading operations.

The proposed rule change is set to apply uniformly across all users, maintaining fairness and equity in the application of fees. The NYSE emphasizes that the inclusion of the NYSE Texas Feed will not be mandatory, allowing users to choose whether to connect to this new data product based on their specific business needs. This flexibility is intended to help users tailor their colocation services effectively. The NYSE also notes that this change will not impose any new burdens on users and is expected to have no impact on the number of new users seeking colocation services.

Overall, the NYSE believes that this update aligns with the Securities Exchange Act by promoting a transparent and efficient market system. By ensuring that the list of Included Data Products is current and accessible, the NYSE aims to provide clarity and enhance competition among market participants. The proposed rule change has been filed with the Securities and Exchange Commission and is expected to become effective immediately upon filing, pending any comments or objections from interested parties.