Gemx Traders Pay Extra for That Millisecond Server Snuggle
Published Date: 1/28/2025
Notice
Summary
Nasdaq GEMX is rolling out new fees for its expanded co-location services, which let traders place their computers super close to the exchange’s servers for faster trading. This change affects anyone using these services and kicks in right away, so get ready to pay a bit more for that speed boost. The SEC is open to feedback for the next 60 days, but the fees are already in effect.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New Fees for Co-Location Services
If you use Nasdaq GEMX's expanded co-location services (placing your computers close to the exchange’s servers for faster trading), you will pay newly established fees that went into effect when the exchange filed the rule change on January 16, 2025. The SEC published the notice on January 28, 2025 and is accepting public comments through February 18, 2025.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in