Category: Alerts and Notices
Effective Thursday, December 1, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Convert the NBBO Setter Tier to the NBBO Setter/Joiner Tier 1, which now provides an increased additive rebate for executions of setter/joiner volume (other than Retail Orders) in securities ≥$1. Adopt a new NBBO […]
On Tuesday Nov 22, 2022, MEMX released new versions of its current MEMO FIX, MEMO SBE, and FIX Drop Specifications. Version 1.8 Rev-C, 1.9 Rev-C, 1.9 Rev-D, and 1.10 Rev-C and 1.10 Rev-D can be found here using the “upcoming version” link. The changes include the following which are outlined in the Errata and leverage existing fields […]