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Thursday, March 23, 2017

Equity Trader Alert #2017 - 61
Nasdaq Amends Third Party Services SEC Filing and Key Dates

Category:

  • Client Connectivity

Markets Impacted:

Contact Information:

Resources:

As previously announced, Nasdaq Third Party Services was introduced in response to increased industry bandwidth requirements, to provide additional resiliency, and the expansion of data feeds, proprietary services, markets, and asset classes available in Nasdaq's Carteret, NJ data center.

Under the amended SEC filing customers who only receive the UTDF and UQDF feeds over their hand-off(s) to Third Party Services may receive one free physical connection at no cost. Furthermore, customers may now enable the UTDF and UQDF feeds over a 1G Ultra connection, with the appropriate management sign-off.

The fee waiver has been extended through April 30, 2017 and the migration period has been extended through May 31, 2017.

Proposed Fees

Effective May 1, 2017, installation and monthly fees will be as follows¹:

Connectivity Type Install Fee Monthly Recurring Fee
1G Ultra to Third Party Services Connection² $1,500 $2,000
10G Ultra to Third Party Services Connection $1,500 $5,000
10G Ultra for UTP Only (UTDF, UQDF) $0 $0
¹ Subject to SEC approval
² 1G connection to a 10G switch, only available for lower bandwidth services or with client attestation.

More Information

For more details about Nasdaq Third Party Services, refer to the Third Party Services FAQs. Please direct any questions to Kate Scholes at +1 212 312 0339 or your Nasdaq Relationship Manager.


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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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