NYSE Slaps New Fee on Digital Media Stock Watchers
Published Date: 4/2/2026
Notice
Summary
NYSE American is updating its market data fees by adding a new Digital Media Enterprise Fee and applying it to more subscribers. This means some users will see changes in what they pay for accessing certain stock market data, starting right away. If you use NYSE American’s data services, keep an eye on these fee updates to know how they might affect your costs.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
New $5,000/month BBO Digital Media License
The Exchange is adding a NYSE American BBO Digital Media Enterprise Fee of $5,000 per month. This subscription lets vendors, television broadcasters, websites, and mobile service providers redistribute real-time best-bid-and-offer information to an unlimited number of users for informational, non-trading purposes only.
Combined License Lowers 2-Feed Price
If a subscriber pays the Digital Media Enterprise Fee, they may also get enterprise use of NYSE American BBO and/or NYSE American Trades at no extra cost, so a combined subscription for both enterprise and digital media use would cost $5,000 per month instead of $8,000 per month.
Distribution Limited to Non‑Trading Uses
Data distributed under the Digital Media Enterprise license may be shown via television, websites, and mobile devices only for informational, non-trading purposes; vendors are not permitted to provide the feed in a context where a trading or order routing decision can be implemented.
Subscriber User‑Count Reporting on Request
The Exchange continues to require that a data recipient, upon request, provide the Exchange with a count of the total number of natural person users (professional and non‑professional) of NYSE American BBO and NYSE American Trades.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-06475 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Cboe Rule 5.4
Cboe Exchange is changing the smallest price step for options on its Mini Bitcoin ETF Index to make trading smoother and clearer. This change affects traders using these options and kicks in quickly after approval, with no extra costs involved. The SEC gave this update a fast green light, so expect the new rules to start soon!
2026-06469 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing of Proposed Rule Change To Amend BOX Rules 5055 (FLEX Equity Options) and 3120 (Position Limits)
BOX Exchange wants to update its rules for special options tied to popular Bitcoin and Ethereum ETFs and trusts. These changes affect traders using FLEX equity options and position limits, aiming to keep things fair and clear. The new rules could impact how much traders can hold and trade, with the proposal open for public comments starting April 2026.
2026-06473 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposal To Amend the Exchange's Anti-Internalization Functionality in Equity 4, Rule 3307, and To Extend the Implementation Date of the CORE FIX Order Entry Protocol
Nasdaq PHLX is updating a rule that helps stop trades from accidentally happening within the same firm, which keeps trading costs down. They’re also pushing back the start date for a new order entry system called CORE FIX. These changes affect traders using Nasdaq PHLX and aim to make trading smoother without extra costs, with the new system launch delayed to give everyone more time to get ready.
2026-06462 — Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt a Monthly Enterprise Fee for Its Depth of Book Proprietary Market Data Feed
24X National Exchange is starting a new monthly fee for companies using its special market data feed that shows detailed order info. This change affects businesses that rely on this data and kicks in right away, meaning they’ll pay a set monthly charge to access it. It’s a clear move to keep the data service running smoothly and fairly.
2026-06466 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposal To Amend the Exchange's Anti-Internalization Functionality in Equity 4, Rule 4757, and To Extend the Implementation Date of the CORE FIX Order Entry Protocol
Nasdaq is updating a rule that helps stop trades from accidentally happening within the same firm, which keeps trading fair and lowers costs. They’re also pushing back the start date for a new order entry system called CORE FIX to give everyone more time to get ready. These changes affect traders using Nasdaq and aim to make trading smoother without extra fees or delays.
2026-06463 — Joint Industry Plan; Notice of Filing of Amendment No. 1, and Order Instituting Proceedings To Determine Whether To Approve or Disapprove an Amendment to the National Market System Plan Regarding Consolidated Equity Market Data, as Modified by Amendment No. 1, To Adopt a Fee Schedule
Big stock market players like exchanges and trading groups want to start charging fees for sharing important stock data. They updated their plan after hearing feedback, and now the SEC is deciding if these new fees are fair and should go live. If approved, this could change how much it costs to get stock info starting soon.
Previous / Next Documents
Previous: 2026-06346 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Its Expanded Co-Location Services
Starting April 1, 2026, Nasdaq PHLX is rolling out new fees for its bigger and better co-location services at its Carteret, NJ data center. Traders and firms using these expanded spaces will see updated pricing to match the extra space and tech perks. This change helps Nasdaq keep up with demand and improve service speed, so get ready to budget for these fresh fees!
Next: 2026-06348 — Notice of Inventory Completion: Kansas State Historical Society, Topeka, KS
The Kansas State Historical Society has finished checking some Native American human remains found in Iowa and linked them to the Flandreau Santee Sioux and Omaha Tribes. Starting May 4, 2026, these remains can be officially returned to the tribes. This is a respectful step to honor Native American heritage, with no costs or deadlines beyond the repatriation date.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in