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Home > > MRX General 8
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-MRX-2018-33); amended December 19, 2018 (SR-MRX-2018-40), 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)

$4,500***

$8,000**


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

$3,500

$4,500**


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

$3,500

$3,500**


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

$3,500

$2,500**


Low Density Cabinet (<=2.88kW)

$3,500

$2,000**


Half Cabinet*

$2,000

* 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 × 48" D × 96" H). Standard installation fee of $3,500 would apply if smaller cabinet (24"W × 42"D × 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*

$150 per hour

$600


* 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

$500 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

$500


(b) Connectivity


External Telco/Inter-Cabinet Connectivity


Description

Installation Fee

Ongoing Monthly Fee


Category 6 Cable patch

$300

$350*


DS-3 Connection

$500

$350*


Fiber

$500

$350*


POTS Line

$0

$50


One-Time Telco Connectivity Expedite Fee

$1,400

$0


Inter-Cabinet Telco connection outside Nasdaq space

$1,000


100MB Connectivity - Metro NY/NJ Area Destination

$1,165**

$1,650**


1G Connectivity - Metro NY/NJ Area Destination

$2,150**

$2,150**


10G Connectivity - Metro NY/NJ Area Destination

$5,000**

$5,000**


100MB Connectivity - Toronto Area Destination

$4,850**

$4,100**


1G Connectivity - Toronto Area Destination

$7,700**

$9,850**


10G Connectivity - Toronto Area Destination

$14,200**

$28,400**


100MB Connectivity - Chicago Area Destination

$3,500**

$7,350**


1G Connectivity - Chicago Area Destination

$4,900**

$12,800**


10G Connectivity - Chicago Area Destination

$10,650**

$26,900**


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

** Includes fiber telco cross connect within the Exchange's data center.


Connectivity to the Exchange


Description

Installation Fee

Ongoing Monthly Fee


Fiber Connection to the Exchange (10Gb)

$1,000

$10,000


Fiber Connection to the Exchange (10Gb Ultra)

$1,500

$15,000


Fiber Connection to the Exchange (40Gb)

$1,500

$20,000


Fiber Connection to the Exchange (1Gb Ultra)

$1,500

$2,500


Fiber Connection to the Exchange (1Gb)

$1,000

$2,500


1Gb Copper Connection to the Exchange

$1,000

$2,500


 


Connectivity to Third Party Services


Description

Installation Fee

Ongoing Monthly Fee


Third Party Services Fiber Connection (10Gb Ultra)

$1,500*

$5,000*


Third Party Services Fiber Connection (1Gb Ultra)

$1,500*

$2,000*


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

$100*

$100*


* 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

$1,000

$0


SIAC

$1,000


CTS/CQS

$1,412


OpenBook Realtime

$2,500


OpenBook Ultra

$2,500


NYSE Alerts

$200


NYSE Trades

$100


Arca Trades

$100


ArcaBook Multicast

$1,500


Arca BBO

$125


AMEX-Ultra/Trades/Alerts/LRP

$100


OPRA

$6,000


CME

$1,000

$3,500


Access Fee per location device/user

$65


CBOE

$1,000


BZX Depth

$4,000


BYX Depth

$1,500


EDGA Depth

$2,500


EDGX Depth

$2,500


TSX/TSXV

$1,000


TSX and TSXV Level 1 Feed

$300


TSX and TSXV Level 2 Feed

$1,000


TSX Quantum Level 1 Feed

$100


TSX Quantum Level 2 Feed

$300


* 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)

$5,000

$10,000


NYSE Equities (NYSE Integrated)

$5,000

$10,000


BATS Multicast PITCH (BZX and BYX)

$2,500

$7,500


Direct EDGE Depth of Book (EDGA, EDGX)

$2,500

$7,500


CME Multicast Total

$5,000

$23,500


CME Equities Futures Data Only

$10,000


CME Fixed Income Futures Data Only

$10,000


CME Metals Futures Data Only

$3,500


* 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

$2,000

$0


2x30 amp 110 volt

$2,000

$0


2x20 amp 208 volt

$2,000

$0


2x30 amp 208 volt

$2,000

$0


Phase 3 2x 20 amp 208 volt

$3,000

$0


Phase 3 2x 30 amp 208 volt

$3,000

$0


2x60 amp 208 volt

$3,000

$0


Phase 3 2x 40 amp 208 volt

$3,000

$0


Phase 3 2x 50 amp 208 volt

$3,000

$0


Phase 3 2x 60 amp 208 volt

$3,000

$0


2x30 amp 48 volt DC

$3,000

$0


(d) Additional Charges/Services


Additional Items


Description

Installation Fee

Ongoing Monthly Fee


Cooling (Door) Fans

$1,500

$0


Perforated Floor Tiles

$250

$0


Cabinet Extension

$500

$0


Super High Density Cabinet Kit

$4,500

$0


Additional Cabinet Shelves

$200

$0


Single Master Key Locks

$175

$0


Cable Downspouts

$750

$0


Cabinet Caging

Installation Specific

$3,000


Custom Installation

Installation Specific

$0


Cabinet Equipment Storage

$0

$500


Copper Patch Cords

$4.50 +$0.50 per foot

$0


Fiber Patch Cords - Multi-mode

$20 +$1.50 per meter

$0


Fiber Patch Cords - Single-mode

$24 +$0.75 per meter

$0


Twinax Patch Cords

$34 +$10 per meter

$0


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

$5

$0


Power Cords - C14 to C19 - 2 to 4 feet

$10

$0


Equipment Storage

$0

$100


Internet Bandwidth - 1Mb

$0

$300


Internet Bandwidth - 2Mb

$0

$500


Internet Bandwidth - 3Mb

$0

$700


Internet Bandwidth - 4Mb

$0

$900


Internet Bandwidth - 5Mb

$0

$1,100


GPS Antenna

Installation Specific

$200


Cabinet Proximity Option Fee

$0

$1,000 per medium or low density cabinet, or
$1,500 per medium/high or high density cabinet


Services


Description

Rate


Power Consulting Service (billed in hourly increments)

$250/hr plus materials if necessary


Remote Hands Service

$150/hr


Co-location services provided by Nasdaq Technology Services LLC.

[Adopted October 29, 2018 (SR-MRX-2018-33); amended December 19, 2018 (SR-MRX-2018-40), operative January 21, 2019.]

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)

$1,500

$7,500


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

$1,500

$2,500


Direct Circuit Connection to the Exchange (1Gb Ultra)

$1,500

$2,500


Optional Cable Router

$925


Per U of Cabinet Space*

$150


* 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)

$1,500*

$5,000*


Third Party Services Direct Connection (1Gb Ultra)

$1,500*

$2,000*


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

$100*

$100*


Optional Cable Router

$925


Per U of Cabinet Space**

$150


* 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)

$1,500

$7,500


POP Connection to the Exchange (1Gb Ultra)

$1,500

$2,500]


[Adopted October 29, 2018 (SR-MRX-2018-33); amended December 19, 2018 (SR-MRX-2018-40), operative January 21, 2019.]

 
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