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Alerts and Notices Trader Alerts

Trader Alert 24-12: Holiday Reminder – Closed February 19, 2024

MEMX Equities and MEMX Options will be closed Monday, February 19, 2024, in observance of the Presidents’ Day holiday. Normal trading will resume on Tuesday, February 20, 2024. MEMX Market Hours and Holiday Schedule Please contact Market Operations with any questions. MEMX Market Operations | mops@memx.com | 1-833-415-6677

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Alerts and Notices Product Notices

Product Notice 24-49: Additional Exchange Products Approved for Trading

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Alerts and Notices Trader Alerts

Trader Alert 24-11: (*UPDATE*) MEMX Options Released Updated Versions 1.5B and 1.6B of its MEMO SBE Specifications

On Friday, February 2, 2024, MEMX Options released new versions of its MEMO SBE Specifications. Version 1.5B and 1.6B can be found here using the “upcoming version” link. All previous versions of MEMO SBE version 1.5 and 1.6 will be deprecated. Release date for MEMX Options Development Environment (MODE) is Tuesday February 13, 2024 and production to follow. User acceptance test (UAT) date […]

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Alerts and Notices Regulatory Notices

Regulatory Notice 24-05:  MEMX Options – Penny Program

Date: February 1, 2024 Description: MEMX Options – Announcement of Classes Added to Exchange Penny Program

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Alerts and Notices Product Notices

Product Notice 24-45 to 24-48: Additional Exchange Products Approved for Trading

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Alerts and Notices Trader Alerts

Trader Alert 24-10: MEMX Options is Deprecating MEMO and FIX Drop Verison 1.3 Specifications on February 12, 2024

On Monday, February 12, 2024 MEMX Options is deprecating MEMO FIX, MEMO SBE, and FIX Drop version 1.3. If your Firm has 1.3 sessions please contact Market Operations to update the version on or before Friday, February 9, 2024. Our Market Operations and Member Experience teams are here for any of your questions.   MEMX Market […]

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Alerts and Notices Trader Alerts

Trader Alert 24-09: MEMX Options User Acceptance Testing February 3, 2024

On Monday, February 5, 2024, MEMX Options is releasing a quote cancel message ordering change, as announced in Trader Alert 24-07. The message ordering change is currently available in the MODE test facility and will be available in production for testing during a Saturday, February 3, 2024, UAT. A UAT session will be available, in […]

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Alerts and Notices Trader Alerts

Trader Alert 24-08: Equities Fee Schedule Update Effective February 1, 2024

Effective Thursday, February 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 Fee Code Description Fee/(Rebate) – Securities at or above $1.00 (“A”) Fee/(Rebate) – Securities below $1.00 (“B”) B, D or J Added displayed volume $(0.0015) […]

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Alerts and Notices Trader Alerts

Trader Alert 24-07 (*Update*): MEMX Options Message Ordering Change to Quote Cancels as a Result of Replacing Existing Quotes – February 5, 2024

MEMX Options is changing the ordering of quote cancels that result from replacement of existing quotes. Currently these cancels are interlaced with the accept messages from each quote entry. The change results in all cancels occurring first. This change is currently available in the MEMX Options Development Environment (MODE), production release date Monday, February 5, […]

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Alerts and Notices Product Notices

Product Notice 24-44: Additional Exchange Products Approved for Trading