# 2025-21636: Nasdaq BX Updates Ultra Fiber Connection Pricing

2025-21636, Self-Regulatory Organizations; Nasdaq BX, Inc; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify the Price of a 10Gb Ultra Fiber Connection to the Exchange, is a Federal Register notice from Securities and Exchange Commission published 2025-12-01, effective 2026-01-02; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-21636
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-21636
- Title: Self-Regulatory Organizations; Nasdaq BX, Inc; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify the Price of a 10Gb Ultra Fiber Connection to the Exchange
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 55209
- Published: 2025-12-01
- Effective: 2026-01-02
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Nasdaq BX Updates Ultra Fiber Connection Pricing

## Summary

Nasdaq BX is changing the price for its 10Gb Ultra fiber connection starting January 2, 2026. This affects traders and firms who connect to the exchange’s data center using this high-speed link. The new pricing aims to keep things fair and up-to-date, so get ready for the update if you use this service!

## Effects PRIA read

- 10Gb Ultra Monthly Fee Rises $2,000: cost, high. If your firm uses a 10Gb Ultra fiber connection to Nasdaq BX, the monthly fee increases from $16,500 to $18,500 (a $2,000/month increase) starting January 2, 2026. The installation fee stays at $1,650.
- One Fee Covers Multiple Nasdaq Affiliates: benefit, medium. A single 10Gb Ultra fiber connection will continue to be charged one monthly fee even if it is used to access multiple Nasdaq affiliated exchanges (for example: Nasdaq Stock Market, Nasdaq Options Market, Nasdaq BX, and others). You will not be billed separate monthly fees per affiliated exchange f…
- Cheaper Connectivity Alternatives Remain Available: benefit, low. Firms that do not need ultra-low latency or large capacity can continue to use less expensive options (for example, copper, lower-throughput fiber, or third-party vendor connections) instead of buying the 10Gb Ultra product. The exchange says these alternative options remain available to customers…

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## Sources
- [2025-21636 on federalregister.gov](https://www.federalregister.gov/documents/2025/12/01/2025-21636/self-regulatory-organizations-nasdaq-bx-inc-notice-of-filing-and-immediate-effectiveness-of-proposed)
- [2025-21636 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-12-01/pdf/2025-21636.pdf)

## Related
- [Previous: 2025-21635, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing an…](https://policyrisk.com/federal-register/2025-21635)
- [Next: 2025-21637, Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate…](https://policyrisk.com/federal-register/2025-21637)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-21636 (as of 2026-06-08).