Effective Tuesday, October 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. 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 […]
Author: Market Operations
Effective Tuesday, October 1, 2024, MEMX will be implementing the following changes to MEMX Options transaction fees, subject to filing with the SEC: Changes are reflected in bold text below. * * * * * Transaction Fees MEMX Options Members are charged per contract fees or provided per contract rebates based on contracts executed […]
Effective Tuesday, September 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 […]
MEMX Options MEMO SBE, FIX, and FIX Drop specifications version 1.8 are now available for download in the upcoming version link here. Version 1.8 is now in MEMX Options Development Environment (MODE). This is an optional release. Important Dates: Version 1.8 Details: Value (Tag 452) Name (Tag 448) 4 Clearing Firm 18 Contra GiveUp Clearing […]
Effective Monday, July 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. 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 […]
As previously announced here, MEMX Options released version 1.7A of its MEMO SBE and Risk specifications. This update will be available in Production starting Monday, July 22, 2024. **Please note:, the following 2 changes affect all versions of Options Risk currently supported (v1.3 and v1.6). ** **There was also an update to the original Risk 1.7 XML schema file that […]
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 […]
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) ≥ […]
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 […]
Effective Monday, April 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. Fee Code Description Fee/(Rebate) – Securities at or above $1.00 (“A”) Fee/(Rebate) – Securities below $1.00 (“B”) B, D, or J or I Added displayed volume $(0.0015) […]