Nasdaq ISE Updates Intrafirm Cabinet Connectivity Fees
Published Date: 6/9/2026
Notice
Summary
Nasdaq ISE is updating its rules to clearly include non-contiguous intrafirm cabinet connections as part of its fiber connectivity services and is adjusting the fees for this service. This change affects firms using Nasdaq’s cabinet space to connect their equipment and takes effect immediately, so they should review the new fee structure soon. It’s a smooth move to keep things clear and fair for everyone using these connections.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
New Monthly Fees for Cross-Connects
Nasdaq ISE is replacing the prior $550 installation fee/no monthly fee model for non-contiguous intrafirm cabinet connectivity with no installation fee and ongoing monthly charges: $385.00 for one cross-connect; 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 says these fees will apply to all customers obtaining non-contiguous intrafirm cabinet connectivity from Nasdaq and plans implementation on or about the second quarter of 2026.
Exchange Takes Over Cabinet Fiber Management
As of about the second quarter of 2026, Nasdaq ISE will furnish, monitor, manage, inventory, and audit all non-contiguous intrafirm cabinet fiber inside its data center halls. Third parties will no longer be permitted to provide that non-contiguous intrafirm cabinet fiber, while contiguous cabling between adjacent same-customer cabinets remains generally customer-directed.
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2026-11480 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Regarding Intrafirm Cabinet Connectivity
Nasdaq MRX is updating its rules to clearly include non-contiguous intrafirm cabinet connectivity as part of its fiber connectivity services and is changing the fees for this service. This affects firms using Nasdaq MRX’s network connections between their separate equipment cabinets. The new rule is effective immediately, so firms should check the updated fees and plan accordingly.
Previous / Next Documents
Previous: 2026-11480 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Regarding Intrafirm Cabinet Connectivity
Nasdaq MRX is updating its rules to clearly include non-contiguous intrafirm cabinet connectivity as part of its fiber connectivity services and is changing the fees for this service. This affects firms using Nasdaq MRX’s network connections between their separate equipment cabinets. The new rule is effective immediately, so firms should check the updated fees and plan accordingly.
Next: 2026-11482 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Regarding Intrafirm Cabinet Connectivity
Nasdaq is updating its rules to clearly include a new type of fiber connection called non-contiguous intrafirm cabinet connectivity and adjusting the fees for this service. This change affects firms using Nasdaq’s data center connections and takes effect immediately, helping them understand costs better and plan accordingly. No big money surprises here, just clearer rules and fairer fees starting now!