Date Filed: July 29, 2022 Description: to: Proposed rule change to amend the Fee Schedule to: (i) modify the required criteria under the Step-Up Additive Rebate; (ii) modify the required criteria under the Liquidity Removal Tier 1; and (iii) increase the rebate for executions of all orders in securities priced below $1.00 per share that […]
Month: July 2022
Effective Monday, August 1, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Modified the required criteria under Step-Up Additive Rebate. Modified the required criteria under Liquidity Removal Tier 1. Increased the rebate for all added displayed volume in securities <$1. Changes are reflected in bold text […]
Rule 605 Disclosure of Order Execution Information
Date Filed: July 19, 2022 Description: Proposal to extend the current pilot program related to MEMX Rule 11.15 (Clearly Erroneous Executions) to the close of business on October 20, 2022.