2025-05521NoticeWallet

Stock Exchange Hikes Connection Fees – Tech Users Pay More

Published Date: 4/1/2025

Notice

Summary

The Long-Term Stock Exchange (LTSE) just updated its fee schedule to add new charges for connecting to their systems, including primary, backup, and test sites. These connectivity fees started on March 14, 2025, and will affect anyone using LTSE’s network connections. If you trade or work with LTSE, expect some new costs for hooking up your tech!

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

New Physical Cross‑Connect Charges

If you connect physically to LTSE, the Exchange now charges $5,500 per 10Gb physical interface per month for connections to the Primary facility and $2,750 per 10Gb physical interface per month for connections to the Disaster Recovery or Test Environment. These fees apply to both Members and non-Members and took effect on March 14, 2025.

Logical Port (Session) Fees and Waiver

LTSE now charges $450 per logical connectivity session (port) per month to Members and non-Members, with the Exchange waiving fees for the first three sessions per month per market participant. The fee structure became effective March 14, 2025 and applies across Primary, Disaster Recovery, and Test environments.

Monthly Assessment Rules for Connectivity Fees

Connectivity fees are assessed in any month the Member or non-Member is credentialed to use any LTSE APIs in the Primary, Disaster Recovery, or Test Environment, and fees are determined based on active connectivity products at the close of business on the first day of each month. If a product is canceled before that assessment point, the participant will not owe the fee.

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Key Dates

Effective Date
Published Date
3/14/2025
4/1/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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