On Saturday, July 17, 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, July 17, 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 […]
Category: Trader Alerts
MEMX will be closed Monday, July 5, 2021 in observance of Independence Day. Normal trading will resume on Tuesday, July 6, 2021.
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 […]
MEMX is adding new functionality to allow Members to opt out of Pending New execution reports on both FIX and SBE order entry sessions effective June 01, 2021. The Pending New execution report is a response to a NewOrderSingle message indicating the request has been received by the exchange and is in the process of […]
MEMX will be closed Monday, May 31, 2021 in observance of Memorial Day. Normal trading will resume on Tuesday, June 1, 2021.
MEMX is releasing a new version of the trading platform Monday, May 10, 2021. This release contains the following changes with regard to order handling of resting displayed odd lot orders and resting hidden orders, as described below. These changes are currently available for testing in our MDE environment. Resting Displayed Odd Lot Orders – […]
On February 1, 2021, MEMX published Regulatory Notice 21-2: Mandatory Participation in Regulation SCI Disaster Recovery Testing. In coordination with other market centers as part of the SIFMA organized industry test, and in support of Regulation System Compliance and Integrity requirements, MEMX will host a test of its secondary/disaster recovery facilities on Saturday, October 23, 2021. The scope for […]
On Saturday, April 10, 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, April 10, 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 […]