Nasdaq Extends Deadline for Removal of Dedicated GPS Antenna Service to April 30, 2026

The Nasdaq Stock Market LLC filed a proposed rule change with the SEC on March 19, 2026, to extend the termination deadline for its dedicated GPS antenna co-location service at its NY11 data center in Carteret, NJ. The original termination date was April 1, 2026, but infrastructure delivery delays pushed the completion of the new shared GPS network from March 1, 2026, to March 27, 2026, leaving customers insufficient time to test the new service before their dedicated antenna was switched off. To facilitate an orderly transition, Nasdaq proposes to extend the dedicated GPS antenna service termination date to April 30, 2026. Existing customers will continue to be charged the recurring monthly fee of $600.00 (prorated as applicable) through that date; no new installation fee of $1,500 will be charged during the extension period since new orders have been blocked since September 30, 2025. Approximately 49% of Nasdaq co-location customers subscribe to the GPS antenna service, the majority of whom have already opted to migrate to the shared GPS antenna offering. The extension is voluntary — customers may terminate their dedicated GPS service at any time before April 30, 2026. The rule change took immediate effect under Section 19(b)(3)(A)(ii) of the Securities Exchange Act of 1934. The SEC is soliciting public comments on the proposed change until April 22, 2026, and retains the authority to temporarily suspend the rule change within 60 days if deemed necessary in the public interest or for investor protection.

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