NYSE National Proposes New Tech Support Fees for Traders
Published Date: 9/5/2025
Notice
Summary
NYSE National is updating its fee schedule to include new charges for hardware buying and managed services at its Mahwah Data Center. This change affects traders and firms using the Exchange’s colocation space, helping them get better tech support and gear. The new fees could start soon after approval, so users should get ready for possible cost updates.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Hardware procurement adds 10% fee
If you use colocation space at the Mahwah Data Center and choose the Exchange's hardware procurement service, FIDS will pass through the third-party procurement specialist's fees and add a 10% service fee payable to FIDS. The proposed change was filed on August 27, 2025 and published in the Federal Register on September 5, 2025; the SEC will act on the filing within 45 days of that publication (or up to 90 days).
Managed services carry a 10% add-on
If you use colocation space at the Mahwah Data Center and choose FIDS' managed services offering, FIDS will pass through the managed services provider's fees and add a 10% service fee payable to FIDS. The proposal (filed August 27, 2025; published September 5, 2025) would add these charges to the Exchange's Connectivity Fee Schedule and the SEC will act within the 45- to 90-day period described in the notice.
Option to avoid vendor onboarding burden
Users and prospective Users who buy hardware or managed services through FIDS can avoid onboarding multiple third-party vendors into their procurement systems because FIDS and its chosen specialists are already approved in FIDS' procurement systems. This option is voluntary and non-discriminatory; Users may instead contract directly with third parties if they prefer.
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Key Dates
Department and Agencies
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The New York Stock Exchange (NYSE) wants to update its fee schedule to include charges for hardware and managed services at its Mahwah Data Center. This change affects traders and firms using NYSE’s data center space, who will now pay for these extra services. The new fees could start soon after approval, so users should get ready for possible cost changes.