Nasdaq MRX Expands Data Center with Chilled Trading Tech
Published Date: 3/19/2026
Notice
Summary
Nasdaq MRX is upgrading its co-location services by adding new cabinet and power options in its expanded data center, including a cool new liquid-cooled cabinet. This change affects traders and tech teams who rely on fast, reliable connections to the exchange. The new services are effective immediately, with fees to be announced soon.
Analyzed Economic Effects
5 provisions identified: 5 benefits, 0 costs, 0 mixed.
New Liquid‑Cooled Cabinets Offered
Nasdaq MRX will offer a new Liquid‑Cooled Cabinet option in its expanded data center area NY11-5. The service will be available as either Nasdaq‑provided or customer‑provided cabinets, and Liquid‑Cooled Cabinets are only available in NY11-5.
Higher‑Power Circuits for NY11‑5 Only
Two new higher‑power cabinet circuits — Phase 3 40 amp 415 volt and Phase 3 60 amp 415 volt — will be available only for Liquid‑Cooled Cabinets in NY11-5. The filing notes these higher‑power options correspond to approximately 29–43 kW.
Existing Power Options Also Available
The five cabinet power circuit options already available in NY11-4 (Phase 1 20A/240V, 32A/240V, 40A/240V; Phase 3 20A/415V, 32A/415V) will also be available for Liquid‑Cooled Cabinets in NY11-5; these options support approximately 5–23 kW.
Customer‑Provided Cabinets Allowed
For the Liquid‑Cooled Cabinet service in NY11-5, customers may supply their own cabinets or elect to have Nasdaq provide the cabinets; by contrast, traditional air‑cooled cabinets must be Nasdaq‑provided. The option to use customer‑provided cabinets applies only to NY11-5 Liquid‑Cooled Cabinets.
Orders Allowed Now; Fees To Be Set
Customers may place orders for Liquid‑Cooled Cabinets in NY11-5 before fees are set; those orders will not be fee liable until fees are established and customers are provided access (anticipated on or about April 3, 2026). The Exchange will submit a separate fee filing to establish installation and ongoing monthly fees (currently shown as "TBD").
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