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Alerts and Notices Trader Alerts

Trader Alert 23-38: MEMX Options Environment closed September 15, 2023

The MEMX Options Environment will be closed Friday, September 15, 2023, in preparation for Weekend Test #4 scheduled for Saturday, September 16, 2023. The MEMX Options Development Environment (MODE) is available. Our Market Operations and Member Experience teams are here for any of your questions.    MEMX Market Operations  mops@memx.com  1-833-415-6677    MEMX Member Experience  memberx@memx.com  1-833-415-6369  

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Alerts and Notices Trader Alerts

Trader Alert 23-37: MEMX Options Weekend Test #4

Following a successful third test, MEMX Options will host the fourth and final pre-launch production tests on Saturday, September 16, 2023. The following details how clients can participate, registration is not required.   Instrument Directory:  The instrument directory for this weekends test. Order Entry:   Members will be able to use their Production order entry sessions to test. Market […]

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Alerts and Notices Trader Alerts

Trader Alert 23-36: MEMX Options Weekend Test #3

Following a successful second test, MEMX Options will host the third of four planned pre-launch production tests on Saturday, September 9, 2023. The following details how clients can participate, registration is not required.   Instrument Directory:  The instrument directory for this weekends test. Order Entry:   Members will be able to use their Production order entry sessions to test. […]

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Alerts and Notices Trader Alerts

Trader Alert 23-35: MEMX Options Environment closed September 8, 2023

The MEMX Options Environment will be closed September 8, 2023, in preparation for Weekend Test #3 scheduled for Saturday, September 9, 2023. The MEMX Options Development Environment (MODE) is available. Our Market Operations and Member Experience teams are here for any of your questions.    MEMX Market Operations  mops@memx.com  1-833-415-6677    MEMX Member Experience  memberx@memx.com  1-833-415-6369  

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Alerts and Notices Trader Alerts

Trader Alert 23-34: MEMX Options Exchange Schedule Update

User Acceptance Tests: Updated Production Phased Launch Schedule: Our Market Operations and Member Experience teams are here for any of your questions.   MEMX Market Operations    mops@memx.com    1-833-415-6677       MEMX Member Experience    memberx@memx.com    1-833-415-6369    

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Alerts and Notices Trader Alerts

Trader Alert 23-33: Fee Schedule Update Effective September 1, 2023

Effective Friday, September 1, 2023, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Changes are reflected in bold text below. Sub-Dollar Rebate Tier Tier Rebate* Required Criteria Tier 1 (0.15% of total dollar value) Member has a Sub-Dollar ADAV ≥ 5,000,000 shares * Rebate would apply instead […]

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Alerts and Notices Trader Alerts

Trader Alert 23-31: MEMX Options Exchange Specification Update

On Wednesday, August 30, 2023, MEMX Options released new versions of its MEMO specifications. Version 1.5 can be downloaded here. This update adds fields to the AllocationInstruction message in SBE and FIX, as well as a new value to the OrderRejectReasonCode field in FIX. For more details please see the Errata included in the specification download. […]

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Alerts and Notices Trader Alerts

Trader Alert 23-30: MEMX Options Exchange Specification Update

On Wednesday, August 23, 2023, MEMX options released new versions of its specifications pursuant to the first UAT to ensure the specifications are in line with the platform. Version 1.4 can be downloaded here. The change summary is outlined in the Errata included in the download. Please reach out to  mops@memx.com if you would like your […]

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Alerts and Notices Trader Alerts

Trader Alert 23-29: Options Pre-Production Environment closed August 25, 2023

Options Pre-Production Environment will be closed August 25, 2023, in preparation for Weekend Test #2 scheduled for Saturday, August 26, 2023. Our Market Operations and Member Experience teams are here for any of your questions.    MEMX Market Operations  mops@memx.com  1-833-415-6677    MEMX Member Experience  memberx@memx.com  1-833-415-6369  

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Alerts and Notices Trader Alerts

Trader Alert 23-28: MEMX Options Transition from pre-production to production 

There are three requirements for Members to transition from pre-production to production:  Certification:  MEMX Options Service Desk can be found HERE.  Our Market Operations and Member Experience teams are here for any of your questions.     MEMX Market Operations   mops@memx.com   1-833-415-6677     MEMX Member Experience   memberx@memx.com   1-833-415-6369