Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 22-26: MWCB Testing Opportunity – September 10, 2022

The Securities Information Processors (“SIPs”) will conduct Market-Wide Circuit Breaker (“MWCB”) tests breaching Level 1, 2, and 3 on Saturday, September 10, 2022. In coordination with other market participants, MEMX will participate in the test and published a test script: MEMX 2022 Market-Wide Circuit Breaker Test Script. Certain members designated by MEMX are required to […]

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 22-25: Holiday Reminder – Closed September 5, 2022

MEMX will be closed Monday, September 5, 2022, in observance of Labor Day. Normal trading will resume on Tuesday, September 6, 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 

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 22-24: Reminder – MEMX Regulation SCI Disaster Recovery Testing

In coordination with other market centers as part of SIFMA BCP testing, and in support of Regulation System Compliance and Integrity requirements, MEMX will host a test of its secondary/disaster recovery facilities on Saturday, October 15, 2022.  The scope for this weekend test will be a full feature test of all exchange functionality in order to […]

Categories
Alerts and Notices Regulatory Notices Uncategorized

Regulatory Notice 22-06: Nominations for Member Representative Director 

Date: July 6, 2022 Description: Notice of Annual Meeting and Nominees for Member Representative Director Positions on the Exchange’s Board of Directors

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 22-16: Fee Schedule Update Effective June 1, 2022

Effective Wednesday, June 1, 2022, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC:  Adoption of a new Liquidity Provision Tier 1 (and renumbered the three existing Liquidity Provision Tiers to 2-4).  Addition of alternative criteria under Liquidity Provision Tier 2.  Modification of the required criteria and reduction […]

Categories
Alerts and Notices Regulatory Notices Uncategorized

Regulatory Notice 22-04: Mandatory Participation in Market-Wide Circuit Breaker Testing

Date: April 21, 2022 Description:  Certain members designated by MEMX are now required to participate in at least one industry-wide Market-Wide Circuit Breaker test each year.

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 22-11: Regulatory Transaction Fee Adjustment Effective May 14, 2022

This notice is being issued to inform you of the recently published Securities and Exchange Commission (SEC) order described in Fee Rate Advisory #1 for Fiscal Year 2022, in which the SEC announced the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will be $22.90 per million dollars for covered sales occurring on or after […]

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 21-37: Fee Schedule Update Effective January 3, 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 […]

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 21-30: Fee Schedule Update Effective November 1, 2021

Effective Monday, November 1, 2021, MEMX will be implementing the following changes to transaction fees, subject to filing with the SEC: Adoption of a Targeted Step-Up Tier that provides an additive rebate for executions of added volume in securities >=$1 (other than displayed Retail Orders) if one of two specified volume thresholds is achieved in […]

Categories
Alerts and Notices Trader Alerts Uncategorized

Trader Alert 21-28: Reminder – 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 […]