2025-21638NoticeWallet

Nasdaq MRX Hikes Price on Ultra-Fast Fiber Links

Published Date: 12/1/2025

Notice

Summary

Nasdaq MRX is changing the price for its super-fast 10Gb Ultra Fiber connection to the exchange, starting January 2, 2026. This affects traders and firms who connect to Nasdaq MRX’s data center and could impact their costs for speedy market access. The new pricing kicks in right after the New Year, so get ready to adjust your budgets!

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

10Gb Ultra Monthly Fee Rises to $18,500

If you buy a 10Gb Ultra fiber connection to Nasdaq MRX, the ongoing monthly fee increases from $16,500 to $18,500 per month starting January 2, 2026. The installation fee remains $1,650.

MRX Price Still Lower Than NYSE Alternative

Even after the increase to $18,500 per month, Nasdaq MRX says its 10Gb Ultra monthly fee is lower than NYSE's comparable monthly fee of $22,000 and that MRX's installation fee of $1,650 is lower than NYSE's $15,000 installation fee. This comparison may affect firms choosing between exchange connectivity providers.

One Fee Covers Multiple Nasdaq Affiliates

One 10Gb Ultra fiber connection and its single monthly fee lets you access Nasdaq MRX plus listed affiliated exchanges (for example, Nasdaq Stock Market, Nasdaq Options Market, Nasdaq BX, and others) without paying an extra monthly fee per affiliate. That single-fee rule continues under the proposal.

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Key Dates

Published Date
Effective Date
12/1/2025
1/2/2026

Department and Agencies

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Independent Agency
Agency
Securities and Exchange Commission
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