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Trader Alert 23-06: Market Data Fee Update Effective March 1, 2023

Effective Wednesday, March 1, 2023, MEMX will be modifying the following fees for market data products as set forth below, subject to filing with the SEC. 

 
DELIVERY 
MEMOIR DEPTH MEMOIR TOP MEMOIR LAST SALE 
Non-Display Usage not by Trading Platforms1 $2,500   $1,500 N/A N/A 
Non-Display Usage by Trading Platforms1 $2,500   $4,000 N/A N/A 

1 Fee is charged per subscriber that uses the data for Non-Display Usage. The fee for each category represents the maximum charge per subscriber regardless of the number of non-display uses by the subscriber or Trading Platforms operated by the subscriber, as applicable. A subscriber that uses the data for both Non-Display Usage by Trading Platforms and Non-Display Usage not by Trading Platforms will be charged the applicable fee for each category of Non-Display Usage only once, and those combined fees represent the maximum charge per subscriber with respect to Non-Display Usage. 

Contact Market Operations or your MEMX Relationship Manager with any questions.