Alerts and Notices Trader Alerts

Trader Alert 21-05: Fee Schedule Update Effective February 1, 2021

Effective Monday, February 1, 2021, MEMX will be implementing the following transaction fees. Changes are in bold text below.

Trading Fees and Rebates

Fee CodeDescriptionFee/(Rebate) – Securities at or above $1.00 (“A”)Fee/(Rebate) – Securities below $1.00 (“B”)
B, D or JAdded displayed volume$(0.0034)(0.05% of total dollar value)
Br, Dr or JrAdded displayed volume, Retail Order$(0.0037)(0.05% of total dollar value)
H or MAdded non-displayed volume$(0.0020)(0.05% of total dollar value)
RRemoved volume from MEMX Book$0.00260.05% of total dollar value
ZRouted to another market, removed liquidity$0.00300.30% of total dollar value

Please contact Market Operations or your MEMX Relationship Manager with any questions.