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 has updated the computation method for average realized spread and average effective spread as of January 2022, after this report was published.
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.