Nasdaq ISE Sets Fees for TNO Cross-Connect Service
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Nasdaq ISE is adding fees for its TNO Cross-Connect service, a data center connectivity service used to link telecommunications carriers to Nasdaq-managed access points inside the exchange’s data center campus. The change mainly affects telecom network operators, exchange members, market participants, and vendors that use or arrange connectivity to Nasdaq ISE systems. Firms relying on this connection path should review the new fee schedule and factor the cost into their connectivity budgets.
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Key Changes
- Adds a fee structure for Nasdaq ISE’s TNO Cross-Connect connectivity service
- Defines the service as a Nasdaq-managed connection between a telecom carrier cabinet and a distribution point in the exchange data center
- Applies to firms and providers that use telecom-based connectivity inside the Nasdaq ISE data center environment
Obligations
What this law requires
Telecommunications network operators and other users that obtain Nasdaq ISE TNO Cross-Connect service must comply with the amended Rule General 8 fee schedule for that connectivity service once the rule change is effective.