Category: Alerts and Notices
On Saturday, June 5, 2021, MEMX is planing to make the trading platform available for a UAT for Members to test in the production environment. Test Schedule for Saturday, June 5, 2021: Time (Eastern) Trading Status 8:30A Session Available 9:00A Pre-Market 9:30A Market 12:00P Post-Market 1:00P Post-Market Closed 1:15P Session Closed Our Market Operations and Member Experience […]
Effective Tuesday, June 1, 2021, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adoption of the Displayed Liquidity Incentive rebate, as described in Trader Alert 21-17. Adoption of a liquidity provision tier. Increase of the rebate for Midpoint Peg orders that add volume. Increase of the fee to remove volume. Reduction […]
MEMX is pleased to announce our new Displayed Liquidity Incentive program (DLI), a flexible program that allows participating members to receive a superior rebate when they add displayed liquidity to the exchange. Program features A generous incentive level Ease of participation and flexibility in how quoting requirements are met Who can participate Flexible eligibility—any MEMX member can participate with no […]