In spring of 2022, MEMX plans to release its new Retail Midpoint Liquidity Program (“RMLP”) pending SEC approval. The program details can be found here SR-MEMX-2021-10: Proposal to Establish a Retail Midpoint Liquidity Program. The advance copy of the new specifications can be download here. You will be prompted to choose to download the current […]
Category: Alerts and Notices
MEMX will be closed Thursday, November 25, 2021, in observance of Thanksgiving. MEMX will follow an abbreviated trading schedule on Friday, November 26, 2021, in which the regular market session will conclude at 1:00 p.m. ET and the post-market session will conclude at 2:00 p.m. ET. Thursday, November 25, 2021 – Closed Friday, November 26, 2021 – Abbreviated Trading Schedule Time (Eastern) […]
On Monday, November 15, 2021, MEMX plans to release the following updates to available risk controls: Duplicative orders risk control – Members will have the ability to configure this control to exclude “price” as a parameter in the calculation. By default, symbol, side, quantity and price are included in the calculation. Order rate control – Members will […]