Date Filed: August 31, 2021 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Liquidity Provision Tier 2 and modify the required criteria under the existing Liquidity Provision Tier 1; (ii) introduce a tiered pricing structure for the Displayed Liquidity Incentive (“DLI”) by adopting a new DLI Tier 1 and reducing […]
Month: August 2021
Effective Wednesday, September 1, 2021, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Updated the criteria for the Liquidity Provision Tier to be based on percentage of TCV. Adoption of a second Liquidity Provision Tier. Adoption of a second Displayed Liquidity Incentive (DLI) Tier. Increase of the […]
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July 2021
MEMX will be closed Monday, September 6, 2021 in observance of Labor Day. Normal trading will resume on Tuesday, September 7, 2021.
Date Filed: August 18, 2021 Description: Proposed rule change to adopt Exchange Rule 11.22 to establish a Retail Midpoint Liquidity Program.