Nasdaq Updates Connectivity Rule to Remove Unused Services
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
🇬🇧 English
Nasdaq is updating its connectivity rule to remove services that customers no longer use and to refresh some technical wording. The change affects firms that connect directly to Nasdaq systems, such as broker-dealers, market data users, and technology vendors. The practical impact appears limited. Firms using Nasdaq connectivity should check whether any listed service names or technical terms they rely on are changing, but the notice describes this mainly as a cleanup of outdated offerings rather than a major operational change.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Removes certain Nasdaq connectivity services that are no longer used by customers
- Updates terminology for some technical specifications in Rule General 8
- Makes the rulebook better reflect the connectivity services currently available
Affected Parties
Nasdaq member firmsBroker-dealers and trading firms using Nasdaq connectivity+1 more…
Tags
Nasdaq,market infrastructure,connectivity rules