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Alerts and Notices Trader Alerts

Trader Alert 21-21: UAT on July 17, 2021

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 […]

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Alerts and Notices Trader Alerts

Trader Alert 21-20: Holiday Reminder – Closed July 5, 2021

MEMX will be closed Monday, July 5, 2021 in observance of Independence Day. Normal trading will resume on Tuesday, July 6, 2021. 

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Alerts and Notices Trader Alerts

Trader Alert 21-19: UAT on Saturday June 5, 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 […]

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Alerts and Notices Trader Alerts

Trader Alert 21-18: Fee Schedule Update Effective June 1, 2021

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 […]

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Alerts and Notices Trader Alerts

Trader Alert 21-17: Introducing the MEMX Displayed Liquidity Incentive Program

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 […]

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Alerts and Notices Trader Alerts

Trader Alert 21-16: Ability to opt out of Pending New Messages June 01, 2021

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 […]

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Alerts and Notices Trader Alerts Uncategorized

Trader Alert 21-15: Holiday Reminder – Closed May 31, 2021

MEMX will be closed Monday, May 31, 2021 in observance of Memorial Day. Normal trading will resume on Tuesday, June 1, 2021.  

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Alerts and Notices Trader Alerts

Trader Alert 21-14: New Trading Platform Version on May 10, 2021 (Updated)

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 – […]

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Alerts and Notices Trader Alerts

Trader Alert 21-13: MEMX Regulation SCI Disaster Recovery Testing

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 […]

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Alerts and Notices Trader Alerts

Trader Alert 21-12: UAT on April 10, 2021

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 […]