LTSE Hikes Fees for Backup Connections: Plug In, Pay Up
Published Date: 9/8/2025
Notice
Summary
The Long-Term Stock Exchange (LTSE) is adding new fees for connecting to its main, backup, and test facilities starting August 21, 2025. This means companies using these connections will see new charges on their bills. If you rely on LTSE’s systems, get ready for these updates to the fee schedule that help keep everything running smoothly.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Primary Facility Cross-Connect Fee
If your firm connects directly to LTSE's Primary facility, the Exchange will charge $5,500 per 10Gb physical cross-connect each month starting August 21, 2025. This fee applies to both Members and non-Members for each 10Gb physical interface you maintain.
Disaster Recovery and Test Cross-Connect Fee
If your firm connects to LTSE's Disaster Recovery or Test Environment, the Exchange will charge $2,750 per 10Gb physical cross-connect each month starting August 21, 2025. LTSE states this lower rate is intended to encourage firms to maintain backup and test connections, and it applies to both Members and non-Members.
Logical Connectivity (Port) Monthly Fee and Waiver
LTSE will charge $450 per month for each logical connectivity session (port) starting August 21, 2025, but will waive the fee for the first three sessions per market participant each month. Fees are assessed for any month a Member or non-Member is credentialed to use LTSE APIs in the Primary, Disaster Recovery, or Test Environment, based on active products at the close of business on the first day of the month; if a product is canceled before that assessment it will not be charged.
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Key Dates
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