2025-13070NoticeWallet

NYSE Texas Modifies Fees for External Data Feed Access

Published Date: 7/14/2025

Notice

Summary

NYSE Texas is updating its fee schedule for connecting to outside systems and data feeds. This means traders and firms using these connections might see changes in what they pay and who can charge extra fees. The new rules take effect right away, so users should check the updated fees to stay in the know and avoid surprises.

Analyzed Economic Effects

5 provisions identified: 2 benefits, 2 costs, 1 mixed.

New Data Feeds With Monthly Fees

NYSE Texas added these Third Party Data Feeds and set these monthly connectivity fees: Blue Ocean ATS (BOATS) $750/month; Cboe CFE Futures $1,500/month; Long Term Stock Exchange $2,600/month; MEMX Equities $2,000/month; MEMX Options $2,000/month; Small Exchange $1,000/month. The change was filed June 27, 2025 and became effective upon filing.

Multiple Data Feed Fee Changes

NYSE Texas changed the monthly recurring connectivity fees for a number of existing Third Party Data Feeds. Examples include B3 Bovespa now $900/month (was $3,000), Boston Options Exchange (BOX) now $300/month (was $1,000), Cboe Canada now $2,000/month (was $1,200), Nasdaq Stock Market (combined with Nasdaq ISE) now $3,000/month, and TMX Group (combined with Montreal Exchange) now $2,500/month. The filing date was June 27, 2025 and the change became effective upon filing.

Connectivity Partners May Pass Through Fees

The Exchange added the phrase "and their partners" to its redistribution-fee language so that connectivity partners may charge redistribution fees and the Exchange will pass those charges through to Users on the invoice. This edit is part of the filing made on June 27, 2025 and became effective upon filing.

New Third-Party Systems Added

If you use NYSE Texas colocation at the Mahwah data center, the Exchange added these Third Party Systems you can connect to: Blue Ocean ATS (BOATS), Canadian Imperial Bank of Commerce (CIBC), Long Term Stock Exchange (LTSE), MEMX, Pragma, and Small Exchange. This change was filed on June 27, 2025 and became effective upon filing.

No Fee Increase from System Combination

When Cboe MATCHNow is combined into Cboe Canada, the Exchange says no User would be charged more as a consequence and Users will not be forced to pay for systems or bandwidth they do not choose. This representation is in the filing dated June 27, 2025 and was effective upon filing.

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Key Dates

Effective Date
Published Date
6/27/2025
7/14/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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