Alerts and Notices Trader Alerts

Trader Alert 21-03: Regulatory Transaction Fee Adjustment Effective Thursday, February 25, 2021

This notice is being issued to inform you of the recently published Securities and Exchange Commission (SEC) order described in Fee Rate Advisory #2 for Fiscal Year 2021, 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 $5.10 per million dollars effective Thursday, February 25, 2021. Until that date, the current rate of $22.10 per million dollars will remain in effect. 

Pursuant to MEMX Rule 15.1(b) in the MEMX Rulebook, Regulatory Transaction Fees equivalent to the applicable fees paid by the Exchange to the SEC pursuant to Section 31 will continue to be collected from Members engaged in the execution of transactions on the Exchange.  

Please contact Market Operations or Member Experience with any questions.  

MEMX Market Operations | 1-833-415-6677  

MEMX Member Experience | | 1-833-415-6369