MEMX charges the following monthly fees to maintain active membership.
Fees Applicable to all Members
Member Type
Monthly Fee
All Members
$200
Additional Fees applicable to Options Trading Members
Member Type
Monthly Fee
Options Order Entry Firm
$1,000
Options Market Maker
$7,000
The MEMX membership fee is assessed to each active Member at the close of business on the first day of each month.
If a Member is pending a voluntary termination of rights as a Member pursuant to Rule 2.8 prior to such fee being assessed and the Member does not utilize the facilities of the Exchange while such voluntary termination of rights is pending, then the Member will not be obligated to pay the monthly membership fee.
MEMX does not return pro-rated fees if a membership is not active for an entire month.