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Home > > ISE General 8
General 8 Connectivity
General 8 Connectivity

The connectivity products and services that this Rule describes are shared among all of the Nasdaq, Inc. exchanges (The Nasdaq Stock Market, LLC, Nasdaq BX, Inc., Nasdaq PHLX, LLC, Nasdaq ISE, LLC, Nasdaq, MRX, LLC, and Nasdaq GEMX, LLC). Fees for these products and services are also the same among all of the Nasdaq, Inc. exchanges. As such, a firm need only purchase the products and services listed below from any Nasdaq, Inc. exchange once to connect to any and all of the Nasdaq, Inc. exchanges to which it is otherwise entitled to connect, or to connect to third party market data feeds or services. For example, if a firm purchases connectivity to one Nasdaq, Inc. exchange and then subsequently qualifies to connect to a second Nasdaq, Inc. exchange, then the firm may utilize its existing services for connecting to the first exchange to also connect to the second exchange, without incurring an additional charge.

Adopted October 29, 2018 (SR-ISE-2018-92); amended December 19, 2018 (SR-ISE-2018-99), operative January 21, 2019.

Section 1. Co-Location Services

The following charges are assessed for co-location services:1

(a) Cabinets


Cabinet with Power


Description

Installation Fee

Ongoing Monthly Fee


Super High Density Cabinet (>10kW - <=17.3kW)

$4,748***

$8,440**


High Density Cabinet (>7kW - <10kW)

$3,693

$4,748**


Medium-High Density Cabinet (>5kW - <=7kW)

$3,693

$3,693**


Medium Density Cabinet (>2.88kW - <=5kW)

$3,693

$2,638**


Low Density Cabinet (<=2.88kW)

$3,693

$2,110**


Half Cabinet*

$2,110



* Not available to new subscribers.


** Discount of 15% of fee available to users of 25 or more full cabinets who commit to a 3 year term; Discount of 10% of fee available to users of 25 or more full cabinets who commit to a 2 year term.


*** Includes larger cabinet (30" W x 48" D x 96" H). Standard installation fee of $3,693 would apply if smaller cabinet (24"W x 42"D x 84"H) is requested.


Note: Cabinet power cap is based on the available power at 80% of the breakered capacity of all circuit pairs within a cabinet (where a primary/redundant circuit pair is considered a single circuit).


Shared Cabinet Space


Description

Installation Fee

Ongoing Monthly Fee


4U Block of Cabinet Space including up to 500W of power*

$158 per hour

$633


*No more than 2 4U Blocks. Access restricted to Exchange personnel.


Specialty Cabinet Charge


Description

Ongoing Monthly Fee


Additional Charge per Cabinet for cabinet > 24"W for each 6"W increment greater than 24"W - 2x the ongoing cabinet fee if the cabinet is >=48"W

$528 per 6" or 2x the Ongoing Cabinet fee


Multi-Firm Cabinet Charge


Description

Ongoing Monthly Fee


Additional Charge per Cabinet per firm for each cabinet that supports a firm other than the firm contracted to receive the cabinet by Nasdaq Technology Services

$528


(b) Connectivity


External Telco/Inter-Cabinet Connectivity


Description

Installation Fee

Ongoing Monthly Fee


Category 6 Cable patch

$317

$369*


DS-3 Connection

$528

$369*


Fiber

$528

$369*


POTS Line

$0

$53


One-Time Telco Connectivity Expedite Fee

$1,477

$0


Inter-Cabinet Telco connection outside Nasdaq space

$1,055


100MB Connectivity - Metro NY/NJ Area Destination

$1,229**

$1,741**


1G Connectivity - Metro NY/NJ Area Destination

$2,268**

$2,268**


10G Connectivity - Metro NY/NJ Area Destination

$5,275**

$5,275**


100MB Connectivity - Toronto Area Destination

$5,117**

$4,326**


1G Connectivity - Toronto Area Destination

$8,124**

$10,392**


10G Connectivity - Toronto Area Destination

$14,981**

$29,962**


100MB Connectivity - Chicago Area Destination

$3,693**

$7,754**


1G Connectivity - Chicago Area Destination

$5,170**

$13,504**


10G Connectivity - Chicago Area Destination

$11,236**

$28,380**


*Requesting party only. Not applicable to inter-cabinet connections among the same customer.


**Includes fiber telco cross connect within the Nasdaq data center.


Connectivity to the Exchange


Description

Installation Fee

Ongoing Monthly Fee


Fiber Connection to the Exchange (10Gb)

$1,055

$10,550


Fiber Connection to the Exchange (10Gb Ultra)

$1,583

$15,825


Fiber Connection to the Exchange (40Gb)

$1,583

$21,100


Fiber Connection to the Exchange (1Gb Ultra)

$1,583

$2,638


Fiber Connection to the Exchange (1Gb)

$1,055

$2,638


1Gb Copper Connection to the Exchange

$1,055

$2,638


 


Connectivity to Third Party Services


Description

Installation Fee

Ongoing Monthly Fee


Third Party Services Fiber Connection (10Gb Ultra)

$1,583*

$5,275*


Third Party Services Fiber Connection (1Gb Ultra)

$1,583*

$2,110*


Third Party Services Fiber Connection (1Gb Ultra or 10Gb Ultra for UTP only)

$106*

$106*


*Waived for two connections per client to UTP SIP feeds only (UQDF and UTDF).

Market Data Connectivity*
The following Market Data feeds are delivered to the Nasdaq Data Center via a fiber optic network:


Description

Installation Fee

Ongoing Monthly Fee


Nasdaq

$1,055

$0


SIAC

$1,055


CTS/CQS

$1,490


OpenBook Realtime

$2,638


OpenBook Ultra

$2,638


NYSE Alerts

$211


NYSE Trades

$106


Arca Trades

$106


ArcaBook Multicast

$1,583


Arca BBO

$132


AMEX-Ultra/Trades/Alerts/LRP

$106


OPRA

$6,330


CME

$1,055

$3,693


Access Fee per location device/user

$69


CBOE

$1,055


BZX Depth

$4,220


BYX Depth

$1,583


EDGA Depth

$2,638


EDGX Depth

$2,638


TSX/TSXV

$1,055


TSX and TSXV Level 1 Feed

$317

TSX and TSXV Level 2 Feed

$1,055


TSX Quantum Level 1 Feed

$106


TSX Quantum Level 2 Feed

$317


* Pricing is for connectivity only and is similar to connectivity fees imposed by other vendors. The fees are generally based on the amount of bandwidth needed to accommodate a particular feed and the Exchange is not the exclusive method to get market data connectivity. Market data fees are charged independently by the Exchange and other exchanges.

The following multicast Market Data feeds are delivered to the Nasdaq Data Center via a wireless network (microwave or millimeter wave):


Description

Installation Fee

Recurring Monthly Fee*


NYSE Equities (Arca Integrated)

$5,275

$10,550


NYSE Equities (NYSE Integrated)

$5,275

$10,550


BATS Multicast PITCH (BZX and BYX)

$2,638

$7,913


Direct EDGE Depth of Book (EDGA, EDGX)

$2,638

$7,913


CME Multicast Total

$5,275

$24,793


CME Equities Futures Data Only

$10,550


CME Fixed Income Futures Data Only

$10,550


CME Metals Futures Data Only

$3,693


* Subscribers with three to five microwave or millimeter wave wireless subscriptions under General 8, Section 1(b) (and/or any other provision of these Rules that provides for such subscriptions, as may exist, from time to time)receive a 5% discount on all such subscriptions; subscribers with six to ten microwave or millimeter wave wireless subscriptions under the Rules receive a 10% discount on all such subscriptions; subscribers with eleven to fourteen microwave or millimeter wave wireless subscriptions under the Rules receive a 15% discount on all such subscriptions; and subscribers with fifteen or more microwave or millimeter wave wireless subscriptions under the Rules receive a 20% discount on all such subscriptions.

(c) Power


Cabinet Power


Description

Installation Fee

Ongoing Monthly Fee


2x20 amp 110 volt

$2,110

$0


2x30 amp 110 volt

$2,110

$0


2x20 amp 208 volt

$2,110

$0


2x30 amp 208 volt

$2,110

$0


Phase 3 2x 20 amp 208 volt

$3,165

$0


Phase 3 2x 30 amp 208 volt

$3,165

$0


2x60 amp 208 volt

$3,165

$0


Phase 3 2x 40 amp 208 volt

$3,165

$0


Phase 3 2x 50 amp 208 volt

$3,165

$0


Phase 3 2x 60 amp 208 volt

$3,165

$0


2x30 amp 48 volt DC

$3,165

$0


(d) Additional Charges/Services


Additional Items


Description

Installation Fee

Ongoing Monthly Fee


Cooling (Door) Fans

$1,583

$0


Perforated Floor Tiles

$264

$0


Cabinet Extension

$528

$0


Super High Density Cabinet Kit

$4,748

$0


Additional Cabinet Shelves

$211

$0


Single Master Key Locks

$185

$0


Cable Downspouts

$791

$0


Cabinet Caging

Installation Specific

$3,165


Custom Installation

Installation Specific

$0


Cabinet Equipment Storage

$0

$528


Copper Patch Cords

$4.75 +$0.53 per foot

$0


Fiber Patch Cords - Multi-mode

$21.10 +$1.58 per meter

$0


Fiber Patch Cords - Single-mode

$25.32 +$0.79 per meter

$0


Twinax Patch Cords

$35.87 +$10.55 per meter

$0


Power Cords - 5-15P to C13 - 2 to 4 feet

$5.28

$0


Power Cords - C14 to C19 - 2 to 4 feet

$10.55

$0


Equipment Storage

$0

$106


Internet Bandwidth - 1Mb

$0

$317


Internet Bandwidth - 2Mb

$0

$528


Internet Bandwidth - 3Mb

$0

$739


Internet Bandwidth - 4Mb

$0

$950


Internet Bandwidth - 5Mb

$0

$1,161


GPS Antenna - Shared

$900

$600


GPS Antenna - Dedicated

$1,500

$600


Cabinet Proximity Option Fee

$0

$1,055 per medium or low density cabinet, or
$1,583 per medium/high or high density cabinet
or
$3,000 per cabinet with power density >10kW


Services


Description

Rate


Power Consulting Service (billed in hourly increments)

$264/hr plus materials if necessary


Remote Hands Service

$158/hr


Co-location services provided by Nasdaq Technology Services LLC.

Adopted October 29, 2018 (SR-ISE-2018-92); amended December 19, 2018 (SR-ISE-2018-99), operative January 21, 2019; amended Sep. 29, 2023 (SR-ISE-2023-21), operative Oct. 1, 2023; amended Nov. 15, 2023 (SR-ISE-2023-29); amended Nov. 29, 2023 (SR-ISE-2023-33); amended Feb. 26, 2024 (SR-ISE-2024-07), operative Mar. 1, 2024; amended Mar. 1, 2024 (SR-ISE-2024-09); amended Mar. 1, 2024 (SR-ISE-2024-10); amended Mar. 13, 2024 (SR-ISE-2024-13); amended Apr. 29, 2024 (SR-ISE-2024-16); amended May 9, 2024 (SR-ISE-2024-19); amended Jun. 27, 2024 (SR-ISE-2024-23).

Section 2. Direct Connectivity

Direct Connectivity services are provided by Nasdaq Technology Services, LLC.

(a) Direct Circuit Connection to the Exchange


Description

Installation Fee

Ongoing Monthly Fee


Direct Circuit Connection to the Exchange (10Gb)

$1,583

$7,913


Direct Circuit Connection to the Exchange (supports up to 1Gb)

$1,583

$2,638


Direct Circuit Connection to the Exchange (1Gb Ultra)

$1,583

$2,638


Optional Cable Router

$976


Per U of Cabinet Space*

$158


*Fees are based on a height unit of approximately 1.75 inches high, commonly called a "U" space and a maximum power of 125 Watts per U space.

(b) Direct Circuit Connection to Third Party Services


Description

Installation Fee

Ongoing Monthly Fee


Third Party Services Direct Connection (10Gb Ultra)

$1,583*

$5,275*


Third Party Services Direct Connection (1Gb Ultra)

$1,583*

$2,110*


Third Party Services Direct Connection (1Gb Ultra or 10Gb Ultra for UTP only)

$106*

$106*


Optional Cable Router

$976


Per U of Cabinet Space**

$158


* Waived for two connections per client to UTP SIP feeds only (UQDF and UTDF).

** Fees are based on a height unit of approximately 1.75 inches high, commonly called a "U" space and a maximum power of 125 Watts per U space.

(c) Point of Presence (POP) Connectivity


Description

Installation Fee

Ongoing Monthly Fee


POP Connection to the Exchange (10Gb)

$1,583

$7,913


POP Connection to the Exchange (1Gb Ultra)

$1,583

$2,638


Adopted October 29, 2018 (SR-ISE-2018-92); amended December 19, 2018 (SR-ISE-2018-99), operative January 21, 2019; amended Mar. 1, 2024 (SR-ISE-2024-09); amended Apr. 29, 2024 (SR-ISE-2024-16); amended Jun. 27, 2024 (SR-ISE-2024-23).

 
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