On Saturday, March 26, 2022, MEMX is participating in the UTP and CTA failover testing to the secondary data centers as well as Market-Wide Circuit Breaker testing. The trading platform will be available for Member testing. Test Schedule for Saturday, March 26, 2022: Time (Eastern) Trading Status 8:00A Session Available 8:30A Pre-Market 9:30A Market 12:00P Post-Market 1:00P […]
Category: Trader Alerts
Trader Alerts, Regulatory Notices, and Product Notices have moved: MEMX Trading Alerts & Notices
Effective Tuesday, March 1, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adopt a new NBBO Setter Tier, which provides an additive rebate of 0.0003 per share for executions of added displayed volume (other than Retail Orders) in securities ≥$1 that set the NBBO for members […]
On February 16, 2022, MEMX has released new versions of its MEMO FIX and MEMO SBE specifications. The new 1.8 versions can be downloaded here using the “Upcoming version” link. This specification update includes a new Cancel Reason and new Reject Reasons as listed below. Note: the MEMX MDE test environment already has this update and the […]
MEMX will be closed Monday, February 21, 2022, in observance of the Presidents’ Day holiday. Normal trading will resume on Tuesday, February 22, 2022. MEMX Market Hours and Holiday Schedule Our Market Operations and Member Experience teams are here for any of your questions. MEMX Market Operations mops@memx.com 1-833-415-6677 MEMX Member Experience memberx@memx.com 1-833-415-6369
Effective Friday, April 1, 2022, MEMX will be implementing the following fees for market data products as set forth below, subject to filing with the SEC. Delivery MEMOIR DEPTH MEMOIR TOP MEMOIR LAST SALE Internal Distributor $1,500 $750 $500 External Distributor $2,500 $2,000 $2,000 Non-Display Usage not by Trading Platforms $1,500 N/A N/A Non-Display Usage […]
On Monday, February 28, 2022, MEMX plans to make the following updates to order entry validations. These updates are currently available in the MDE test facility and will be available in production during the Saturday, February 26, 2022, UAT. If a request has one or more reserve order tags set then all the required reserve order tags must […]
MEMX will be closed Monday, January 17, 2022, in observance of the Martin Luther King, Jr. holiday. Normal trading will resume on Tuesday, January 18, 2022.
Effective Monday, January 3, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Reduce the standard rebate for added displayed volume. Reduce the rebate and modify the criteria under Liquidity Provision Tier 1. Modify the criteria under Liquidity Provision Tier 2. Adoption of a new Liquidity Provision […]
Christmas Holiday MEMX will be closed Friday, December 24, 2021, in observance of Christmas Day. 2022 Holiday Update MEMX has filed SR-MEMX-2021-17 to make Juneteenth National Independence Day a holiday of the Exchange. In 2022, Juneteenth National Independence Day will be observed on Monday, June 20, and MEMX will be closed that day in observance […]
Effective Wednesday, December 1, 2021, MEMX will be implementing the following change to transaction fees, subject to filing with the SEC: Adoption of a new Fee Code for Retail Orders with a Time-in-Force instruction of Day, GTT or RHO that remove volume from the MEMX Book upon entry, which will not be charged a fee. Changes […]