MEMX is adding new functionality to allow Members to opt out of Pending New execution reports on both FIX and SBE order entry sessions effective June 01, 2021. The Pending New execution report is a response to a NewOrderSingle message indicating the request has been received by the exchange and is in the process of being handled.
By default, Pending New reports are enabled. These Pending New reports can be disabled upon request by reaching out to the Market Operations Team. This functionality is currently available in our MDE environment for testing.
Our Market Operations and Member Experience teams are here for any of your questions.
MEMX Market Operations
MEMX Member Experience