Nasdaq MRX Establishes Fees for Expanded Co-Location Services in NY11-5 Data Center
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Nasdaq MRX, LLC filed a proposed rule change with the SEC (Release No. 34-105114, File No. SR-MRX-2026-13) on March 24, 2026, effective immediately and operative from April 1, 2026, to establish fees for expanded co-location services in the new NY11-5 hall of its Carteret, NJ data center. The filing introduces fees mirroring those already in place for the NY11-4 expansion area. For Cabinet offerings in NY11-5, a one-time installation fee of $5,940 is established with no ongoing monthly fee. For the five Extension Area Power Circuit options (Phase 1: 20A/240V, 32A/240V, 40A/240V; Phase 3: 20A/415V, 32A/415V), installation fees are $3,600 (Phase 1) and $4,560 (Phase 3), with monthly fees ranging from $2,640 to $12,650.53 depending on amperage. Power Distribution Units (PDUs) in NY11-5 are also fee-established: $4,100 (Phase 1), $5,260 (Phase 3), and $2,000 (Switch Monitored PDU Add-On) as one-time installation fees, with no ongoing monthly charge. PDU use is optional; customers may supply their own. The Exchange justifies all fees as equivalent to NY11-4 rates, citing identical technical capabilities. The rule change became effective under Section 19(b)(3)(A)(ii) of the Securities Exchange Act, with the SEC retaining authority to suspend it within 60 days. Comments were due by April 23, 2026.
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Key Changes
- Cabinet offering in NY11-5: one-time installation fee of $5,940 established (no monthly fee), effective April 1, 2026
- Phase 1 power circuits in NY11-5: installation fee $3,600; monthly fees $2,640 (20A), $4,224 (32A), $5,280 (40A)
- Phase 3 power circuits in NY11-5: installation fee $4,560; monthly fees $7,906.58 (20A/415V), $12,650.53 (32A/415V)
+ 3 more changes with Pro
Obligations
What this law requires
Nasdaq MRX must charge a one-time installation fee of $5,940 for Cabinet offerings in the NY11-5 data center hall, with no ongoing monthly fee
Nasdaq MRX must charge installation fees of $3,600 for Phase 1 Extension Area Power Circuit options (20A/240V, 32A/240V, 40A/240V) in NY11-5
Nasdaq MRX must charge installation fees of $4,560 for Phase 3 Extension Area Power Circuit options (20A/415V, 32A/415V) in NY11-5
Nasdaq MRX must charge monthly fees for Phase 1 power circuits in NY11-5: $2,640 (20A/240V), $4,224 (32A/240V), and $5,280 (40A/240V)
Nasdaq MRX must charge monthly fees for Phase 3 power circuits in NY11-5: $7,906.58 (20A/415V) and $12,650.53 (32A/415V)