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Alerts and Notices Trader Alerts

Trader Alert 23-58: MEMX Options Releasing Risk Version 1.6 to MODE Friday, December 8, 2023

As previously announced here, MEMX Options released version 1.6 of its Risk Specification. This functionality will be available in in the MEMX Options Development Environment (MODE) on Friday, December 8, 2023. Additional functionality was also added to the Portal to allow Members to upload risk setting data. Members that would like to upgrade to version 1.6 Risk should reach out […]

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Alerts and Notices Trader Alerts

Trader Alert 23-57: MEMX Options symbol rollout tranche 5, Tuesday, December 12, 2023

Production Phased Launch Schedule: Tranche 5, Tuesday, December 12, 2023 6 additional underliers AAPL, AMZN, EEM, HYG, TLT, VXX Additional tranches to follow 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    

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Alerts and Notices Trader Alerts

Trader Alert 23-56: Holiday Reminder – Closed January 1, 2024

MEMX Equities and Options will be closed Monday, January 1, 2024, in observance of New Year’s Day. MEMX Market Hours and Holiday Schedule Please contact Market Operations with any questions. MEMX Market Operations | mops@memx.com | 1-833-415-6677

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Alerts and Notices Trader Alerts

Trader Alert 23-55: Holiday Reminder – Closed December 25, 2023

MEMX Equities and Options will be closed Monday, December 25, 2023, in observance of Christmas Day. MEMX Market Hours and Holiday Schedule Please contact Market Operations with any questions. MEMX Market Operations | mops@memx.com | 1-833-415-6677

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Alerts and Notices Trader Alerts

Trader Alert 23-54: Fee Schedule Update Effective December 1, 2023

Effective Friday, December 1, 2023, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: • Delete criteria (2) of Liquidity Provision Tier 5 due to its expiration.  Changes are reflected in bold text below. * * * * * Liquidity Provision Tiers Tier Rebate Per Share Required Criteria Tier 1 $(0.0033) (1)  Member […]

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Alerts and Notices Trader Alerts

Trader Alert 23-53: MEMX Options FIX Drop Specification update to version 1.6B and Plans to release to Production Friday 11/24/23

On Wednesday, November 22, 2023, MEMX Options released an update to its FIX Drop specification, version 1.6B can be downloaded here using the “upcoming version” link. Release date for Production is Friday November 24, 2023 and is already released to MODE. All previous versions of FIX Drop 1.6 will be deprecated. Members that would like to upgrade to version […]

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Alerts and Notices Trader Alerts

Trader Alert 23-52: MEMX Options plans to add underlier QQQ Tuesday, November 28, 2023

On Tuesday, November 28, 2023, MEMX Options plans on adding the following underlier: QQQ Additional tranches to follow 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    

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Alerts and Notices Trader Alerts

Trader Alert 23-51: MEMX Options Released a New Version of Its Risk Specification

On Thursday, November 16, 2023, MEMX Options released a new version of its Risk Specification. Version 1.6 can be downloaded here using the “upcoming version” link. Release date for MODE and Production to follow, updates are listed below and in the specification Errata included in the download: Risk Specification v1.6 Our Market Operations and Member Experience teams are […]

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Alerts and Notices Trader Alerts

Trader Alert 23-50: MEMX Options Plans to release MEMOIR, MEMO, and FIX Drop version 1.6A to Production Wednesday 11/15/2023

On Wednesday, November 15, 2023, MEMX Options plans to release MEMOIR, MEMO, and FIX Drop version 1.6A to production. Version 1.6A can be downloaded here using the “upcoming version” link. Members that would like to upgrade to version 1.6A MEMO or FIX Drop should reach out to Market Ops. Updates are listed in the specification Errata included in the […]

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Alerts and Notices Trader Alerts

Trader Alert 23-49: MWCB Testing Opportunity – December 2, 2023

The Securities Information Processors (“SIPs”) will conduct data center failover testing as well as Market-Wide Circuit Breaker (“MWCB”) breach Level 1 and 2 on Saturday, December 2, 2023. In coordination with other market participants, MEMX will participate in the test and publish a test script: MEMX 2023 Market-Wide Circuit Breaker Test Script. Certain members designated […]