Nasdaq GEMX Adds Quick Data Delivery Tech Boost
Published Date: 5/19/2025
Notice
Summary
Nasdaq GEMX is rolling out a cool new option for traders: FPGA technology to deliver their Depth of Market data feed faster and more efficiently. This upgrade affects anyone using GEMX market data and kicks in right away, helping traders get info quicker without extra cost changes. It’s a smart move to keep GEMX users ahead in the fast-paced trading game!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Optional FPGA Delivery for GEMX Feed
If you consume the Nasdaq GEMX Depth of Market Feed, the Exchange will offer an optional FPGA (field‑programmable gate array) delivery option beginning June 1, 2025. FPGA is a hardware delivery method that reduces “jitter” and increases determinism in data delivery, but the filing says it does not guarantee lower latency. Customers who do not purchase the FPGA option will receive the same Depth of Market data, and the Exchange will file a separate fee schedule for the FPGA service after the April 30, 2025 filing.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-11810 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe EDGX Exchange just rolled out a new Clock Service that helps users sync their time systems perfectly with the Exchange. Starting May 18, 2026, they’re charging fees for this service but also offering a free trial to get everyone on board. This affects both members and non-members who want precise timing for their trading activities.
2026-11812 — Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe EDGA Exchange just rolled out a new Clock Service to help traders sync their time systems perfectly. Starting May 18, 2026, users can try it for free, but after that, there will be fees for using this handy tool. This change affects anyone who wants precise timing for trading and keeps things running smoothly.
2026-11809 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe BZX Exchange just rolled out a new Clock Service that helps users sync their time systems with the Exchange’s for better accuracy. Starting May 18, 2026, they’re charging fees for this service but offering a free trial to get everyone started. This affects both members and non-members who want precise timing for their trading activities.
Previous / Next Documents
Previous: 2025-08849 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Offer FPGA Technology as an Optional Delivery Mechanism for the Nasdaq ISE Depth of Market Data Feed
Nasdaq ISE is rolling out a cool new option for traders: FPGA technology to deliver their Depth of Market data feed faster and more efficiently. This upgrade affects anyone using Nasdaq ISE’s market data and kicks in right away, helping users get quicker info without extra hassle. It’s a smart move that keeps Nasdaq ISE on the cutting edge and could save time and money for market pros.
Next: 2025-08851 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Offer FPGA Technology as an Optional Delivery Mechanism for the Nasdaq MRX Depth of Market Data Feed
Nasdaq MRX is rolling out a cool new option for traders: FPGA technology to deliver their Depth of Market data feed faster and smarter. This upgrade affects anyone using Nasdaq MRX market data and aims to speed up trading info without extra cost changes right now. The new option is effective immediately, so traders can start enjoying quicker data delivery ASAP!