MEMX will be closed Monday, July 5, 2021 in observance of Independence Day. Normal trading will resume on Tuesday, July 6, 2021.
Author: Market Operations
On Saturday, June 5, 2021, MEMX is planing to make the trading platform available for a UAT for Members to test in the production environment. Test Schedule for Saturday, June 5, 2021: Time (Eastern) Trading Status 8:30A Session Available 9:00A Pre-Market 9:30A Market 12:00P Post-Market 1:00P Post-Market Closed 1:15P Session Closed Our Market Operations and Member Experience […]
Effective Tuesday, June 1, 2021, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adoption of the Displayed Liquidity Incentive rebate, as described in Trader Alert 21-17. Adoption of a liquidity provision tier. Increase of the rebate for Midpoint Peg orders that add volume. Increase of the fee to remove volume. Reduction […]
MEMX is pleased to announce our new Displayed Liquidity Incentive program (DLI), a flexible program that allows participating members to receive a superior rebate when they add displayed liquidity to the exchange. Program features A generous incentive level Ease of participation and flexibility in how quoting requirements are met Who can participate Flexible eligibility—any MEMX member can participate with no […]
MEMX is adding new functionality to allow Members to opt out of Pending New execution reports on both FIX and SBE order entry sessions effective June 01, 2021. The Pending New execution report is a response to a NewOrderSingle message indicating the request has been received by the exchange and is in the process of […]
MEMX is releasing a new version of the trading platform Monday, May 10, 2021. This release contains the following changes with regard to order handling of resting displayed odd lot orders and resting hidden orders, as described below. These changes are currently available for testing in our MDE environment. Resting Displayed Odd Lot Orders – […]
On Saturday, April 10, 2021, MEMX is planing to make the trading platform available for a UAT for Members to test in the production environment. Test Schedule for Saturday, April 10, 2021: Time (Eastern) Trading Status 8:30A Session Available 9:00A Pre-Market 9:30A Market 12:00P Post-Market 1:00P Post-Market Closed 1:15P Session Closed Our Market Operations and Member Experience […]
MEMX is releasing a new version of the trading platform Monday, March 22, 2021. This release contains the following changes: MEMX will now be accepting an optional limit price on primary pegged orders. Various minor performance enhancements are being released. This release is currently running in the MDE environment and is available throughout the week […]
On Saturday March 6, 2021 MEMX will conduct a weekend UAT for Members to test the March 15 release in production environment. Test Schedule for Saturday March 6, 2021: Time (Eastern) Trading Status 8:30A Session Available 9:00A Pre-Market 9:30A Market 12:00P Post-Market 1:00P Post-Market Closed 1:15P Session Closed What is Changing? MEMX will now be accepting an […]
MEMX will begin routing on February 17, 2021. In order to participate, the MEMX Routing Agreement needs to be completed. Routing Agreement Phase 1: Wednesday, February 17, 2021 All NMS test symbols and the following list of symbols will be enabled in production for NMS routing: AAPL, ACST, AEZS, AMC, ARTL, BB, ED, GE, GEVO, […]