Date Filed: October 29, 2021 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Targeted Step-Up Tier 1; (ii) modify the required criteria under Liquidity Removal Tier 1; (iii) reduce the rebates provided under DLI Tier 1 and DLI Tier 2; and (iv) increase the standard fee for Removed Volume in […]
Month: October 2021
Effective Monday, November 1, 2021, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adoption of a Targeted Step-Up Tier that provides an additive rebate for executions of added volume in securities >=$1 (other than displayed Retail Orders) if one of two specified volume thresholds is achieved in […]
Categories
September 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 has updated the order type code computation method for At-the-Quote Limit Orders and Marketable Limit Orders as of May 2022, after this report was published.
Date Filed: October 22, 2021 Description: Proposed rule change to amend and restate the Fifth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC as the Sixth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC.