Date Filed: October 12, 2021 Description: Proposal to extend the current pilot program related to the market wide circuit breaker in MEMX Rule 11.16 to the close of business on March 18, 2022.
Category: Effective Rule Filings
Below are rule changes that have been submitted by the Exchange for treatment as immediately effective filings and filings that have been approved by the SEC.
Date Filed: October 12, 2021 Description: Proposal to extend the current pilot program related to MEMX Rule 11.15, “Clearly Erroneous Executions,” to the close of business on April 20, 2022.
Date Filed: October 12, 2021 Description: Proposal to adopt a billing errors policy and to enable the Exchange, upon request, to agree to alternative payment instructions for purposes of the Exchange’s direct debit process for the collection of fees and other monies due and owing to the Exchange.
Date Filed: August 31, 2021 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Liquidity Provision Tier 2 and modify the required criteria under the existing Liquidity Provision Tier 1; (ii) introduce a tiered pricing structure for the Displayed Liquidity Incentive (“DLI”) by adopting a new DLI Tier 1 and reducing […]
Date Filed: August 2, 2021 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Liquidity Removal Tier that offers a lower fee for executions of orders in securities priced at or above $1.00 per share that remove liquidity from the Exchange (“Removed Volume”); (ii) increase the standard fee for executions of […]
Date Filed: June 1, 2021 Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Displayed Liquidity Incentive designed to improve market quality on the Exchange that provides an enhanced rebate for executions of orders that add displayed liquidity to the Exchange; (ii) adopt the Liquidity Provision Tier that provides an enhanced rebate […]
Date Filed: April 30, 2021 Description: Proposed Rule Change Related to the Handling of Displayed Odd Lot Orders and Non-Displayed Orders that Become Locked or Crossed.
Date Filed: March 23, 2021 Description: Proposal to extend the current pilot program related to MEMX Rule 11.15, “Clearly Erroneous Executions,” to the close of business on October 20, 2021.
Date Filed: March 22, 2021 Description: Proposed rule change to amend and restate the Fourth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC as the Fifth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC.
Date Filed: February 24, 2021 Description: Proposed rule change to amend Exchange Rule 11.6(h)(1) to enable Users to include a limit price on a Pegged Order with a Primary Peg instruction.