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Tuesday, July 26, 2016

Equity Trader Alert #2016 - 168
PSX Port Pricing Updates Effective August 1, 2016

Category:

  • Pricing

Markets Impacted:

Contact Information:

Resources:

Pending filing with the SEC, effective August 1, 2016, Nasdaq will make the following changes to PSX port pricing:

  • The maximum monthly fee assessed to a PSX Participant for PSX port fees will be $30,000 per month.
  • New PSX Participants will not be assessed the PSX port fees through August 1, 2017. A new PSX Participant is defined as a PSX Participant that was not a PSX Participant after May 1, 2016.
  • All port fees will be billed in full month increments.

The above changes apply to the following PSX port types: OUCH, FIX, FIX LITE (FLITE), RASH, TCP ITCH, Multicast ITCH (MTCH), DROP, Test Mode ports and Disaster Recovery ports.

Customers can utilize the PSX Port Request Form to order Nasdaq PSX (PSX) ports.


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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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