2025-10977Notice

NYSE Gets Extra Time for Fee Review Extension

Published Date: 6/17/2025

Notice

Summary

The New York Stock Exchange and its partners want to add new fees for connecting from the Mahwah Data Center to trading floors. The SEC is taking extra time to review these changes before deciding, so no final money moves yet. This affects traders and firms using these connections and could impact their costs once approved.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

New Mahwah-to-Floor Connectivity Fees

On April 7, 2025 the NYSE exchanges proposed adding new fees for connectivity from the Mahwah Data Center to one or more trading floors. If approved, traders and trading firms that use those connections would face new connectivity charges that could raise their operating costs. The SEC extended its review and will act on the proposals by July 27, 2025, so no fee changes are final yet.

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Key Dates

Published Date
6/17/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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