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Home > > Nasdaq General 8
General 8 Connectivity
Section 1. Co-Location Services

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

(a) Cabinets

 

 

 

 

Cabinet with Power

 

 

 

Description

NY11 Installation Fee

NY11-4 Installation Fee

Ongoing Monthly Fee

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

$4,950***

$5,940

$8,800**

Ultra High Density Cabinet (>10kW - <=15kW)

N/A

$5,940

$7,230

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

$3,850

$5,940

$4,950**

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

$3,850

$5,940

$3,850**

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

$3,850

$5,940

$2,750**

Low Density Cabinet (<=2.88kW)

$3,850

N/A

$2,200**

Half Cabinet*

 

 

$2,200

 

 

 

 

*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 $3,850 would apply if smaller cabinet (24"W x 42"D x 84"H) is requested.

****In NY11-4, the Super High Density Cabinet is >15 kW - <=17.3 kW.

Includes larger cabinet (32" W x 48" D x 91" H).

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*

$165 per hour

$660

*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

$550 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

$550

(b) Connectivity

 

 

 


External Telco /Inter-Cabinet Connectivity

 

 


Description

Installation Fee

Ongoing Monthly Fee


Category 6 Cable patch

$330

$385*


DS-3 Connection

$550

$385*


Fiber

$550

$385*


POTS Line

$0

$55


One-Time Telco Connectivity Expedite Fee

$1,540

$0


Inter-Cabinet Telco connection outside Nasdaq space

 

$1,100


100MB Connectivity - Metro NY/NJ Area Destination

$1,281.50**

$1,815**


1G Connectivity - Metro NY/NJ Area Destination

$2,365**

$2,365**


10G Connectivity - Metro NY/NJ Area Destination

$5, 500**

$5, 500**


100MB Connectivity - Toronto Area Destination

$5,335**

$4,510**


1G Connectivity - Toronto Area Destination

$8,470**

$10,835**


10G Connectivity - Toronto Area Destination

$15,620**

$31,240**


100MB Connectivity - Chicago Area Destination

$3,850**

$8,085**


1G Connectivity - Chicago Area Destination

$5,390**

$14,080**


10G Connectivity - Chicago Area Destination

$11,715**

$29,590**


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

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


 

 

 

 

Connectivity to the Exchange

 

 

 

Description

 

Installation Fee

Ongoing Monthly Fee


Fiber Connection to the Exchange (10Gb)

 

$1,100

$11,000


Fiber Connection to the Exchange (10Gb Ultra)

 

$1,650

$16,500


Fiber Connection to the Exchange (40Gb)

 

$1,650

$22,000


Fiber Connection to the Exchange (1Gb Ultra)

 

$1,650

$2,750


Fiber Connection to the Exchange (1Gb)

 

$1,100

$2,750


1Gb Copper Connection to the Exchange

 

$1,100

$2,750


Connectivity to Third Party Services

 

 

 

Description

 

Installation Fee

Ongoing Monthly Fee


Third Party Services Fiber Connection (10Gb Ultra)

 

$1,650*

$5,500*


Third Party Services Fiber Connection (1Gb Ultra)

 

$1,650*

$2,200*


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

 

$110*

$110*


*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

$1,100

$0


SIAC

$1,100


 

CTS/CQS

 

$1,553.20


 

OpenBook Realtime

 

$2,750


 

OpenBook Ultra

 

$2,750


 

NYSE Alerts

 

$220


 

NYSE Trades

 

$110


 

Arca Trades

 

$110


 

ArcaBook Multicast

 

$1,650


 

Arca BBO

 

$137.50


 

AMEX- Ultra/Trades/Alerts/LRP

 

$110


 

OPRA

 

$6,600


CME

$1,100

$3,850


 

Access Fee per location device/user

 

$71.50


CBOE

$1,100

 


BZX Depth

 

$4,400


BYX Depth

 

$1,650


EDGA Depth

 

$2,750


EDGX Depth

 

$2,750


TSX/TSXV

$1,100

 


 

TSX and TSXV Level 1 Feed

 

$330


 

TSX and TSXV Level 2 Feed

 

$1,100


 

TSX Quantum Level 1 Feed

 

$110


 

TSX Quantum Level 2 Feed

 

$330


*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)

$5,500

$11,000


NYSE Equities (NYSE Integrated)

$5,500

$11,000


BATS Multicast PITCH (BZX and BYX)

$2,750

$8,250


Direct EDGE Depth of Book (EDGA, EDGX)

$2,750

$8,250


CME Multicast Total

$5,500

$25,850


CME Equities Futures Data Only

 

$11,000


CME Fixed Income Futures Data Only

 

$11,000


CME Metals Futures Data Only

 

$3,850


*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

$2,200

$0


2x30 amp 110 volt

$2,200

$0


2x20 amp 208 volt

$2,200

$0


2x30 amp 208 volt

$2,200

$0


Phase 3 2x 20 amp 208 volt

$3,300

$0


Phase 3 2x 30 amp 208 volt

$3,300

$0


2x60 amp 208 volt

$3,300

$0


Phase 3 2x 40 amp 208 volt

$3,300

$0


Phase 3 2x 50 amp 208 volt

$3,300

$0


Phase 3 2x 60 amp 208 volt

$3,300

$0


2x30 amp 48 volt DC

$3,300

$0


Phase 1 20 amp 240 volt*

$3,600

$0


Phase 1 32 amp 240 volt*

$3,600

$0


Phase 1 40 amp 240 volt*

$3,600

$0


Phase 3 20 amp 415 volt*

$4,560

$0


Phase 3 32 amp 415 volt*

$4,560

$0


*NY11-4 only. One of these options must be selected for Cabinets in NY11-4.

(d) Additional Charges/Services

 

 

 


Additional Items


Description

Installation Fee

Ongoing Monthly Fee


Cooling (Door) Fans

$1,650

$0


Perforated Floor Tiles

$275

$0


Cabinet Extension

$550

$0


Super High Density Cabinet Kit

$4,950

$0


Additional Cabinet Shelves

$220

$0


Single Master Key Locks

$192.50

$0


Cable Downspouts

$825

$0


Cabinet Caging

Installation Specific

$3,300


Custom Installation

Installation Specific

$0


Cabinet Equipment Storage

$0

$550


Copper Patch Cords

$4.95 +$0.55 per foot

$0


Fiber Patch Cords - Multi-mode

$22 +$1.65 per meter

$0


Fiber Patch Cords - Single-mode

$26.40 +$0.825 per meter

$0


Twinax Patch Cords

$37.40 +$11.00 per meter

$0


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

$5.50

$0


Power Cords - C14 to C19 - 2 to 4 feet

$11

$0


PDU – Phase 1*

$4,100

$0


PDU – Phase 3*

$5,260

$0


Switch Monitored PDU Add On*

$2,000

$0


Equipment Storage

$0

$110


Internet Bandwidth - 1Mb

$0

$330


Internet Bandwidth - 2Mb

$0

$550


Internet Bandwidth - 3Mb

$0

$770


Internet Bandwidth - 4Mb

$0

$990


Internet Bandwidth - 5Mb

$0

$1,210


GPS Antenna - Shared

$900

$600


GPS Antenna - Dedicated

$1,500

$600


Cabinet Proximity Option Fee

$0

$1,100 per medium or low density cabinet, or
$1,650 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)

$275/hr plus materials if necessary


Remote Hands Service

$165/hr


*NY11-4 only.

1Co-location services provided by Nasdaq Technology Services LLC.

Adopted June 5, 2018 (SR-NASDAQ-2018-045); amended Oct. 29, 2018 (SR-NASDAQ-2018-086); amended Sep. 29, 2023 (SR-NASDAQ-2023-039), operative Oct. 1, 2023; amended Nov. 15, 2023 (SR-NASDAQ-2023-047); amended Nov. 29, 2023 (SR-NASDAQ-2023-052); amended Feb. 16, 2024 (SR-NASDAQ-2024-007), operative Mar. 1, 2024; amended Mar. 1, 2024 (SR-NASDAQ-2024-008); amended Mar. 1, 2024 (SR-NASDAQ-2024-009); amended Mar. 13, 2024 (SR-NASDAQ-2024-013); amended Apr. 29, 2024 (SR-NASDAQ-2024-020); amended May 9, 2024 (SR-NASDAQ-2024-022); amended Jun. 27, 2024 (SR-NASDAQ-2024-032); amended Jul. 19, 2024 (SR-NASDAQ-2024-041); amended Aug. 23, 2024 (SR-NASDAQ-2024-050); amended Aug. 30, 2024 (SR-NASDAQ-2024-052); amended Sep. 4, 2024 (SR-NASDAQ-2024-053); amended Sep. 5, 2024 (SR-NASDAQ-2024-054), operative Oct. 5, 2024; amended Sep. 24, 2024 (SR-NASDAQ-2024-056), operative Oct. 7, 2024; amended Oct. 11, 2024 (SR-NASDAQ-2024-060).

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)

$1,650

$8,250


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

$1,650

$2,750


Direct Circuit Connection to the Exchange (1Gb Ultra)

$1,650

$2,750


Optional Cable Router

$1017.50

 


Per U of Cabinet Space*

 

$165


*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)

$1,650*

$5,500*


Third Party Services Direct Connection (1Gb Ultra)

$1,650*

$2,200*


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

$110*

$110*


Optional Cable Router

$1017.50

 


Per U of Cabinet Space**

 

$165


*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)

$1,650

$8,250


POP Connection to the Exchange (1Gb Ultra)

$1,650

$2,750


Adopted June 5, 2018 (SR-NASDAQ-2018-045); amended Oct. 29, 2018 (SR-NASDAQ-2018-086); amended Mar. 1, 2024 (SR-NASDAQ-2024-008); amended Apr. 29, 2024 (SR-NASDAQ-2024-020); amended Jun. 27, 2024 (SR-NASDAQ-2024-032); amended Aug. 23, 2024 (SR-NASDAQ-2024-050); amended Aug. 30, 2024 (SR-NASDAQ-2024-052); amended Sep. 4, 2024 (SR-NASDAQ-2024-053); amended Oct. 11, 2024 (SR-NASDAQ-2024-060).

 
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