NYSE Tweaks Fees for Virtual Links to Trading Floors Nationwide
Published Date: 4/28/2025
Notice
Summary
The New York Stock Exchange (NYSE) wants to update its fees for a service called the Virtual Control Circuit (VCC) to cover connections to its main trading floors, including NYSE American and NYSE Arca. This change affects traders and firms using these connections and could impact their costs. The update was proposed in April 2025 and is open for public comments before it takes effect.
Free Policy Watch
New rules are filed every week. Most people never see them.
Pick a topic. PRIA watches every federal rule and tells you when one hits your household.
Pick a topic to get started
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
Monthly Bandwidth Fees for TF Connections
If you (as a User) purchase Trading-Floor connectivity, monthly charges are set by bandwidth: 1 Mb $200, 3 Mb $400, 5 Mb $500, 10 Mb $800, 25 Mb $1,200, 50 Mb $1,800, and 100 Mb $2,500. A TF VCC (single trading floor) and a TF VRF (one or more trading floors) have identical fee schedules, but a User choosing multiple VCCs or a mix of VCC and VRF will be charged separately for each connection while a single VRF to multiple trading floors is charged once.
New Trading-Floor Connectivity Option
The NYSE proposes to expand its Virtual Control Circuit (VCC) service to include connections between the Mahwah data center (MDC) and the NYSE, NYSE American, and NYSE Arca trading floors. The service is voluntary, offered to all "Users" equally, and may be used to send trading-related data or back-office communications between the MDC and equipment physically located on a trading floor.
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