Nasdaq PHLX Hikes Testing Connection Fees by 10%
Published Date: 4/20/2026
Notice
Summary
Nasdaq PHLX is raising fees by 10% for its Testing Facility connections, which help traders test their systems. If you use these services, expect to pay a bit more each month and for installation starting right away. This change affects anyone hooked up to the Carteret, NJ Testing Facility and kicks in immediately.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
10% Increase to Testing Facility Fees
If you subscribe to Nasdaq PHLX's Carteret, New Jersey Testing Facility, the monthly hand-off fee rises from $1,000 to $1,100 and the one-time installation fee rises from $1,000 to $1,100. The change took effect upon filing on April 10, 2026 and applies to all subscribers to that Testing Facility.
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