Nasdaq Tweaks Cabinet Connectivity Fee Structure
Published Date: 6/9/2026
Notice
Summary
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!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
New Monthly Fees for Cross-Connects
If you obtain non-contiguous intrafirm cabinet connectivity from Nasdaq, the Exchange proposes monthly fees of $385.00 for a single cross‑connect and bundled monthly pricing of $450.00 for 6 cross‑connects, $540.00 for 12, $630.00 for 18, and $720.00 for 24 cross‑connects; Nasdaq would not charge an installation fee. Nasdaq proposes to implement these fee changes on or about the second quarter of 2026.
Nasdaq Will Manage All Intrafirm Fiber
Beginning around the second quarter of 2026, Nasdaq will furnish, monitor, manage, inventory, and audit all non-contiguous intrafirm cabinet fiber connectivity within its data center halls, and third parties will no longer be permitted to provide that intrafirm cabinet fiber in those halls. This applies to non-contiguous connections that traverse shared data center space.
Rulebook Now Names Intrafirm Cabinet Service
Nasdaq will expressly list non-contiguous intrafirm cabinet connectivity as a subset of Fiber under Rule General 8, Section 1(b), putting the service and its pricing directly into the Exchange's connectivity fee schedule. The Exchange plans to implement this change on or about the second quarter of 2026 to make availability and pricing clearer for customers.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373, Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222, Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651, Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-16101, Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule To Amend the Manual Billable Rebate Program and Add a Credit Under the Firm Monthly Fee Cap
Starting August 3, 2026, NYSE American is updating its options fee schedule to rename and tweak the Manual Billable Program, swapping some rebates for a new bonus. They’re also adding a credit for Floor Brokers under the Firm Monthly Fee Cap, which could save some firms money. These changes mainly affect traders and firms using the Exchange’s options services.
2026-16086, Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 15g-2
Previous / Next Documents
Previous: 2026-11481, Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Regarding Intrafirm Cabinet Connectivity
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.
Next: 2026-11483, Self-Regulatory Organizations; LCH SA; Order Approving Proposed Rule Change Relating to the Extension of Eligible Collateral to U.S. Treasury Securities and Related Changes
LCH SA, a big player in clearing credit swaps, is now accepting more types of U.S. Treasury securities as collateral to keep things safer and smoother. This change helps protect against risks if a member can’t pay up and starts June 9, 2026. Clearing members who provide collateral will have more options, making the whole system stronger and more flexible.