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) is Tuesday, May 28, 2024. Production release date to follow. Updates are listed below and in the specification Errata included in the download:
MEMO SBE v1.7A
- Added Underlier to Lockout Clear request / reject / done messages
- Added InvalidUnderlierForLockoutId item to MassCancelClearLockoutRejCode
Risk Control v1.7A (**please note the last 2 bullets affect all versions of the of Options Risk currently supported (v1.3 and v1.6).**
- Removed all mentions of “?” from rule configurations.
Added underlier to Clear Breach Request.
Removed BreachId from Cross-Port Manual Breach Pending message. - Clarified Breach Cleared to remove references to NULL BreachID requests. Clarified the source of ClOrdId for Breach Cleared.
- Updated templateID for Single Order Restricted Underlier State to 67
- Updated templateID for Single Order Allow Market Orders State to 66
- Credit Controls that are not scoped to an Underlier will be disabled, pending a future release.
- Underlier scoped risk rules do not need to be pre-defined via the User Portal and may be created intraday via a Risk port. When a risk rule that has a time frame is entered intraday it will only evaluate activity after when it was entered.
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