MEMX will be closed Friday, December 25, 2020, for Christmas, and Friday, January 1, 2021, for New Year’s Day. MEMX will follow an abbreviated trading schedule on Thursday, December 24, 2020, in which the regular market session will conclude at 1:00 p.m. ET and the post-market session will conclude at 2:00 p.m. ET. Thursday, December 24, 2020 – Abbreviated […]
Date Filed: December 4, 2020 Description: Proposed rule change to amend the fee schedule in order to modify pricing for transactions in securities priced below $1.00 per share that are executed on the Exchange.
Effective December 4, 2020, MEMX will implement the following pricing for executions in securities priced below $1.00: for all orders that add liquidity, MEMX will provide a rebate equal to 0.05% of the total dollar value of the execution; for all orders that remove liquidity, MEMX will charge a fee equal to 0.05% of the […]