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Trader Alert 21-22: Updated MEMO FIX and MEMO SBE Specifications July 26, 2021

On July 26, 2021, MEMX has released new versions of its MEMO FIX and MEMO SBE specifications. The new 1.6 versions can be downloaded here. Please note, this update is not a trading platform update/change, but rather a specification update to include details on Pending New Execution report messages and Order Reject Reason Codes as listed below:

MEMO FIX Version 1.6

  • Added text indicating that the Pending New execution report message is sent by default and may be disabled upon request.
  • Added the following Order Reject Reason codes:
  1. MissingSTPGroupId (value=177)
  2. InvalidSTPGroupId (value=178)

MEMO SBE Version 1.6

  • Added text indicating the Pending New execution report message is sent by default and may be disabled upon request.
  • Added the following OrderRejectReasonCodes:
  1. MissingCancelGroupId (value=86)
  2. InvalidCancelGroupId (value=87)
  3. MissingSTPGroupId (value=88)
  4. InvalidSTPGroupId (value=89)

Added the following MassCancelRejectReasonCode:

  1. InvalidCancelGroupId (value=8)

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