Nasdaq PHLX Jacks Up Testing Fees: Pay More to Connect
Published Date: 4/20/2026
Notice
Summary
Nasdaq PHLX is raising fees by 10% for its Testing Facility connections, which traders and firms use to connect their systems. This means monthly and one-time setup fees will cost a bit more starting right away. If you rely on these services, get ready to pay a little extra from now on!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
10% Testing Facility Fee Hike
If your firm subscribes to Nasdaq PHLX's Testing Facility in Carteret, New Jersey, the Exchange raised the monthly hand-off fee from $1,000 to $1,100 and the one-time installation fee from $1,000 to $1,100, a 10% increase. The change was filed on April 10, 2026 and became effective immediately.
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Key Dates
Department and Agencies
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Previous / Next Documents
Previous: 2026-07593 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Fees for Connectivity Services
Nasdaq is raising its fees for connectivity services by 10%, meaning traders and firms using its Testing Facility in New Jersey will pay a bit more each month and for installation. These changes took effect right away on April 10, 2026, so anyone connected should check their bills soon. It’s a small price hike to keep the tech running smoothly and securely.
Next: 2026-07595 — Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Fees for Certain Connectivity Services
Nasdaq Texas is raising fees by 10% for its Testing Facility connections, which help traders test their systems. If you connect to this service, expect to pay a bit more each month and a one-time installation fee. These changes took effect right away on April 10, 2026, so get ready to update your budgets!