Date Filed: May 1, 2024 Description: Proposed rule change to amend the Fee Schedule to: (1) increase the maximum combined rebate per share provided by the Exchange; (2) modify the Liquidity Provision Tiers by modifying the required criteria under both Liquidity Provision Tiers 1 and 2; (3) modify Liquidity Removal Tier 1 by modifying the […]
Month: April 2024
Effective Wednesday, May 1, 2024, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Changes are reflected in bold text below. Notes: * * * * * Liquidity Provision Tiers Tier Rebate Per Share Required Criteria Tier 1 $(0.0033) (1) Member has an ADAV (excluding Retail Orders) ≥ […]
Categories
March 2024
Rule 605 Disclosure of Order Execution Information
This notice is being issued to inform you of the recently published Securities and Exchange Commission (SEC) order described in the Second Fee Rate Advisory for Fiscal Year 2024, in which the SEC announced the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will be $27.80 per million dollars for covered sales occurring on or […]
On Tuesday, April 23, 2024, MEMX Options released a new version of its MEMO SBE and Risk Specifications. Version 1.7A can be found here using the “upcoming version” link. Release dates for the MEMX Options Development Environment (MODE) and Production to follow. Updates are listed below and in the specification Errata included in the download: MEMO SBE v1.7A Risk Control […]
Date Filed: April 15, 2024 Description: Proposal to amend the Exchange’s Fee Schedule to adopt Options Market Data fees.