2026-10361NoticeWallet

NYSE National Scraps $9,200 Cabinet Upgrade Fee

Published Date: 5/26/2026

Notice

Summary

NYSE National is dropping the $9,200 cabinet upgrade fee for users who want more power in their dedicated cabinets. This change means traders and firms using these cabinets will save money starting immediately. The fee removal makes it easier and cheaper to boost power without extra costs.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

One-time $9,200 Upgrade Fee Removed

If you are a market participant that uses a dedicated cabinet, the Exchange deleted a one-time Cabinet Upgrade Fee of $9,200 that was charged when additional power above 11 kW was requested. This change is operative upon filing (filed May 7, 2026), so Users requesting extra power — either at setup or later — will no longer pay the $9,200 one-time charge.

Monthly kW Charges Remain in Place

Even after removing the one-time upgrade fee, the Exchange will continue to charge a monthly fee based on the total kilowatts (kW) allocated to all of a User's dedicated cabinets. The deletion does not change the existing monthly kW-based charge structure.

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Key Dates

Effective Date
Published Date
5/7/2026
5/26/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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