Nasdaq MRX removes obsolete market data connectivity offerings and POD
The rule change, effective immediately, eliminates several fiber-optic and wireless market-data feed services and a never-launched POD offering for all Nasdaq MRX participants.
On August 17, 2026 Nasdaq MRX, LLC filed with the SEC a proposed rule change (File No. SR-MRX-2026-34; Release No. 34-106154) that became effective immediately. The filing seeks to amend Rule General 8, Section 1(b) to delete certain connectivity offerings and a previously proposed service.
The amendment removes fiber-optic-delivered market data connectivity to the Nasdaq Data Center for SIAC, CTS/CQS, OpenBook Ultra, and ArcaBook Multicast. These offerings will terminate on September 30, 2026, after 90-days' notice to existing customers, because they are subscribed to by fewer than three customers and are available from other vendors.
The proposal also deletes wireless multicast connectivity services - including NYSE Equities (Arca Integrated), NYSE Equities (NYSE Integrated), BATS Multicast PITCH for BZX and BYX, Direct EDGE Depth of Book for EDGA and EDGX, CME Multicast Total, CME Equities Futures Data Only, CME Fixed Income Futures Data Only, and CME Metals Futures Data Only - that were terminated effective August 31, 2025. Associated installation fees, recurring monthly fees, and volume-based discount language are removed as well.
Finally, Nasdaq MRX discontinues the Proximity-On-Demand (POD) offering described in SR-MRX-2024-19. The POD managed-colocation solution never attracted sufficient demand and was never implemented, so the Exchange will not proceed with it.
The SEC is soliciting comments on the change. No new fees, service obligations, or access requirements are introduced; the amendment simply aligns the rulebook with services that are no longer offered, enhancing its accuracy and clarity.