Date Filed: August 31, 2022 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt a reduced fee for Midpoint Peg Orders with a time-in-force instruction of IOC or FOK that execute at the midpoint of the NBBO; (ii) modify the required criteria under Liquidity Provision Tiers 1 and 2; and (iii) allow affiliated […]
Month: August 2022
Effective Thursday, September 1, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adoption of a new Fee Code and reduced fee for Midpoint Peg orders with a Time-in-Force instruction of IOC or FOK that remove volume from the MEMX Book upon entry. Modify the required criteria […]
The Securities Information Processors (“SIPs”) will conduct Market-Wide Circuit Breaker (“MWCB”) tests breaching Level 1, 2, and 3 on Saturday, September 10, 2022. In coordination with other market participants, MEMX will participate in the test and published a test script: MEMX 2022 Market-Wide Circuit Breaker Test Script. Certain members designated by MEMX are required to […]
July 2022
Rule 605 Disclosure of Order Execution Information
MEMX will be closed Monday, September 5, 2022, in observance of Labor Day. Normal trading will resume on Tuesday, September 6, 2022. MEMX Market Hours and Holiday Schedule Our Market Operations and Member Experience teams are here for any of your questions. MEMX Market Operations mops@memx.com 1-833-415-6677 MEMX Member Experience memberx@memx.com 1-833-415-6369