Effective Monday, June 3, 2024, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Changes are reflected in bold text below. Transaction Fees MEMX Members are charged per share fees or provided per share rebates based on shares executed within each of the fee code categories below. Fee […]
Month: May 2024
Date Filed: May 30, 2024 Description: Proposed rule change to amend the Exchange’s Fee Schedule to: (i) increase the base rebate for Added Displayed Retail Volume, (ii) increase the rebate and modify the required criteria under Retail Tier 1, and (iii) modify the required criteria under NBBO Setter Tier 1.
Categories
April 2024
Rule 605 Disclosure of Order Execution Information
Date Filed: May 28, 2024 Description: Proposal to amend the Exchange’s Options Fee Schedule to extend the current sunset date applicable to the Options Regulatory Fee (“ORF”) from May 31, 2024 to October 31, 2024.
Date Filed: May 22, 2024 Description: Proposed rule change to implement the Warrants Program pursuant to which warrants representing the right to acquire equity in the Exchange’s parent holding company upon vesting would be issued to participants on MEMX Options who also participate in the Warrants Program (“Participants”), in exchange for payment of the initial […]