Date: May 1, 2024 Description: This regulatory notice is being provided to inform Members of MEMX Options, that effective immediately, MEMX Options has filed with the SEC a proposal to remove the May 31, 2024 sunset provision applicable to the Options Regulatory Fee (“ORF”) collected by MEMX Options.
Category: Alerts and Notices
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) ≥ […]
This notice is being issued to inform you of the recently published Securities and Exchange Commission (SEC) order described in the Second Fee Rate Advisory for Fiscal Year 2024, in which the SEC announced the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will be $27.80 per million dollars for covered sales occurring on or […]
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 […]