Exchange Drops Obsolete Connection Services
Published Date: 6/12/2026
Notice
Summary
Nasdaq GEMX is updating its connectivity rules by removing old services that no one uses anymore and refreshing some tech terms to keep things clear. This change affects traders and firms connected to the Exchange but won’t cost anyone extra or change timing. It’s a smart cleanup to keep the system fresh and easy to understand, effective immediately.
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
Obsolete Connectivity Links Removed
The Exchange removed 100MB, 1G, and 10G connectivity offerings for Metro NY/NJ, Toronto, and Chicago from Rule General 8 and deleted their associated fees. The Exchange states no customers have subscribed to these connectivity services since about September 2025 and does not expect any impact on current users.
Unused Market Data Feeds Deleted
The Exchange deleted a set of market data feeds and services (including feeds like Nasdaq OpenBook Realtime, NYSE Alerts/Trades, Arca feeds, OPRA, CME, various exchange depth feeds, and TSX level feeds) and their associated fees from Rule General 8. The Exchange notes no customers have subscribed to these market data feeds since about August 2023 and expects no effect on current market participants.
Additional Products and Services Deleted
The Exchange removed the product 'Cooling (Door) Fans' and the service 'Power Consulting Service (billed in hourly increments)' and their associated fees from Rule General 8. The Exchange states no customers have subscribed to or used these services since at least about September 2025 and does not expect any impact.
Power Voltage Terminology Updated
The Exchange updated Rule General 8 Section 1(c) to change references from '110 volt' to the industry-standard term '110/120 volt' for power technical specifications. The Exchange says this is a non‑substantive terminology update to align with prevailing industry usage.
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Nasdaq PHLX is updating its connectivity rules by removing old services that no one uses anymore and refreshing some tech terms to keep things clear. This change affects traders and firms connected to the Exchange and takes effect immediately, with no new fees involved. It’s a smart cleanup to keep the system fresh and easy to navigate!
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