Business & Commerce

Nasdaq ISE Establishes Fees for Expanded Co-Location Services in NY11-5 Data Center

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

Nasdaq ISE, LLC filed a proposed rule change with the SEC (File No. SR-ISE-2026-15) on March 24, 2026, effective immediately and operative April 1, 2026, to establish fees for expanded co-location services in the NY11-5 area of its Carteret, NJ data center. The proposal mirrors existing fee structures from the adjacent NY11-4 expansion area, as both areas share similar infrastructure and offer identical services. For Cabinet offerings in NY11-5, ISE establishes a one-time installation fee of $5,940 with no ongoing monthly fee, matching NY11-4 pricing. For five Extension Area Power Circuit Offerings (Phase 1 and Phase 3 options), installation fees are $3,600 for all Phase 1 circuits and $4,560 for Phase 3 circuits, with ongoing monthly fees ranging from $2,640.00 (Phase 1 20A/240V) up to $12,650.53 (Phase 3 32A/415V). For Power Distribution Units (PDUs) in NY11-5, installation fees are $4,100 for Phase 1, $5,260 for Phase 3, and $2,000 for the Switch Monitored PDU Add-On, with no ongoing monthly fees — identical to NY11-4 rates. PDU fees cover both a primary and redundant unit. Customers are not charged until they are granted access to the space for operational use. The rule change became effective immediately upon filing under Section 19(b)(3)(A)(ii) of the Securities Exchange Act of 1934, though the Commission retains the right to summarily suspend it within 60 days. Comments are due by April 23, 2026.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Cabinet installation fee of $5,940 established for NY11-5 (no monthly fee), mirroring NY11-4 pricing — effective April 1, 2026
  • Extension Area Power Circuit installation fees set at $3,600 (all Phase 1 options) and $4,560 (Phase 3 options) in NY11-5
  • Ongoing monthly power circuit fees established: Phase 1 20A/240V = $2,640.00; Phase 1 32A/240V = $4,224.00; Phase 1 40A/240V = $5,280.00; Phase 3 20A/415V = $7,906.58; Phase 3 32A/415V = $12,650.53

+ 3 more changes with Pro

Obligations

What this law requires

high

Nasdaq ISE must charge a one-time installation fee of $5,940 for Cabinet offerings in NY11-5 with no ongoing monthly fee

Nasdaq ISE, LLC
operational
high

Nasdaq ISE must charge installation fees of $3,600 for all Phase 1 Extension Area Power Circuit Offerings and $4,560 for Phase 3 options in NY11-5

Nasdaq ISE, LLC
operational
high

Nasdaq ISE must charge ongoing monthly fees for Phase 1 20A/240V power circuits at $2,640.00, Phase 1 32A/240V at $4,224.00, Phase 1 40A/240V at $5,280.00, Phase 3 20A/415V at $7,906.58, and Phase 3 32A/415V at $12,650.53

Nasdaq ISE, LLC
operational
high

Nasdaq ISE must charge installation fees of $4,100 for Phase 1 PDUs, $5,260 for Phase 3 PDUs, and $2,000 for Switch Monitored PDU Add-On in NY11-5, with no ongoing monthly fees

Nasdaq ISE, LLC
operational
medium

Nasdaq ISE must not charge customers for co-location services until they are granted access to the space for operational use

Nasdaq ISE, LLC
operational

Affected Parties

Securities exchanges and trading venues using Nasdaq ISE co-location servicesHigh-frequency trading firms and market makers requiring physical proximity to exchange matching engines+3 more…

Tags

co-location,data center,Nasdaq ISE