2026-11478NoticeWallet

Nasdaq Texas Tweaks Cabinet Connectivity Fees

Published Date: 6/9/2026

Notice

Summary

Nasdaq Texas is updating its rules to clearly include non-contiguous intrafirm cabinet connectivity as part of its fiber connectivity services. This change affects firms using these connections by adjusting the related fees, effective immediately. It’s a smooth move to keep tech connections clear and costs fair for all users.

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

New monthly charges for cross‑connects

If you buy non-contiguous intrafirm cabinet connectivity from Nasdaq Texas, the Exchange proposes to charge an ongoing monthly fee of $385.00 for a single cross-connect and bundled monthly pricing of $450.00 for 6, $540.00 for 12, $630.00 for 18, and $720.00 for 24 cross-connects. The Exchange would not charge an installation fee (installation fee listed as $0) and would remove the option to obtain this service under the Custom Installation provision.

Nasdaq becomes sole provider inside data halls

The Exchange proposes that all non-contiguous intrafirm cabinet connectivity within its data center halls will be furnished, monitored, and managed directly by Nasdaq, and third parties would no longer be permitted to provide such intrafirm cabinet fiber connectivity within those halls. Nasdaq will supply, inventory, and audit the fiber used for these connections, with this administration to begin in connection with the Exchange's ongoing implementation (around second quarter of 2026).

Service explicitly listed for fee transparency

The Exchange proposes to expressly list "Intrafirm Cabinet Connectivity" as a subset of Fiber connectivity in Rule General 8, Section 1(b) and to update the fee schedule to show the $0 installation fee and the new ongoing monthly pricing. The Exchange says this expresses an existing service more clearly in its fee schedule and is intended to provide greater transparency for customers seeking connectivity services.

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Key Dates

Published Date
6/9/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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