Category: Alerts and Notices
On April 22, 2022, MEMX released a new version of its MEMO FIX, MEMO SBE, and Fix Drop specifications. Version 1.10 of MEMO and Fix Drop can be found here using the “Upcoming version” link. Please see the Specification Errata document included in the download for details. Note: the MEMX MDE test environment already has this update; […]
Date: April 21, 2022 Description: Certain members designated by MEMX are now required to participate in at least one industry-wide Market-Wide Circuit Breaker test each year.
On February 2, 2022, MEMX published Regulatory Notice 22-01: Mandatory Participation in Regulation SCI Disaster Recovery Testing. In coordination with other market centers as part of SIFMA BCP testing, and in support of Regulation System Compliance and Integrity requirements, MEMX will host a test of its secondary/disaster recovery facilities on Saturday, October 15, 2022. The scope […]
This notice is being issued to inform you of the recently published Securities and Exchange Commission (SEC) order described in Fee Rate Advisory #1 for Fiscal Year 2022, 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 $22.90 per million dollars for covered sales occurring on or after […]