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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 […]

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Alerts and Notices Trader Alerts

Trader Alert 23-48: MEMX Options Specification Update to version 1.6A and Planned Release to the MODE Test Environment Wednesday 11/8/2023

On Monday, November 6, 2023, MEMX Options released new versions of its MEMOIR Common, MEMOIR TOP, MEMOIR Depth, and FIX Drop specifications, version 1.6A can be downloaded here using the “upcoming version” link. Release date for MODE is Wednesday November 8, 2023. Members that would like to upgrade to version 1.6A MEMO or FIX Drop in MODE […]

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Alerts and Notices Trader Alerts

Trader Alert 23-47: Holiday Reminder – Thanksgiving Holiday Schedule

MEMX Equities and MEMX Options will be closed Thursday, November 23, 2023, in observance of Thanksgiving. MEMX Equites will follow an abbreviated trading schedule on Friday, November 24, 2023, in which the regular market session will conclude at 1:00 p.m. ET and the post-market session will conclude at 2:00 p.m. ET. MEMX Options will follow […]

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Alerts and Notices Trader Alerts

Trader Alert 23-46: Fee Schedule Update Effective November 1, 2023

Effective Wednesday, November 1, 2023, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Changes are reflected in bold text below. Transaction Fees Fee Code  Description  Fee/(Rebate) – Securities at or above $1.00 (“A”)  Fee/(Rebate) – Securities below $1.00 (“B”)  B, D or J  Added displayed volume  $(0.0015)  […]

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Alerts and Notices Trader Alerts

Trader Alert 23-45: MEMX Options symbol rollout tranche 3 Thursday, October 26, 2023

Production Phased Launch Schedule: Tranche 1 Wednesday, September 27, 2023 3 underliers, SBUX, IMGN, and GLD Tranche 2 Wednesday, October 4, 2023 (**All Symbols with ETP underliers including GLD will close at 4:15 PM ET**) 9 additional underliers F, INTC, NFLX, AI, BUD, NUE, TGTX, MOO, and UNG Tranche 3 Thursday, October 26, 2023 2 […]

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Alerts and Notices Trader Alerts

Trader Alert 23-44: MEMX Options Exchange Specification Update

On Tuesday, October 17, 2023, MEMX Options released new versions of its MEMO, MEMOIR, MEMOIR TOP, MEMOIR Depth, and FIX Drop specifications. Version 1.6 can be downloaded here using the “upcoming version” link, release dates for MODE and Production to follow. Updates are listed below: MEMO FIX V1.6 MEMO SBE V1.6 MEMOIR Common V1.6 MEMOIR Depth […]