📈Proposed Amendments to MEMX Holdings LLC Agreement
The Securities and Exchange Commission published a notice regarding a proposed rule change to amend the Eighth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC. This includes updating provisions relating to member equity rights and clarifying various sections, enhancing transparency and governance within the organization.
Learn More⚖️Proposed Rule Change in MEMX LLC Affects Equity Ownership Rights
The Securities and Exchange Commission announces the proposed amendment to the Eighth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC. This amendment reflects updates to member rights concerning equity interests and aims to enhance the administration of the company's governance documents, while clarifying existing provisions to ensure transparency and consistency.
Learn More📈MEMX Proposal to Clarify Post Only Instruction Order Handling
The SEC has published a notice about MEMX LLC's proposed rule change to clarify the handling of orders with a Post Only instruction. This change aims to enhance transparency regarding order execution under specific circumstances, ultimately promoting market efficiency and investor protection. The proposal is expected to streamline operational practices for trading firms.
Learn More📈MEMX Proposes New Fees Structure for Equities Trading
MEMX LLC has filed a proposed rule change to amend its equities transaction fee schedule, aiming to adjust criteria for liquidity provision tiers and introduce a new Tape B Volume Tier, incentivizing members to boost their order flow and enhance market quality. This initiative reflects the competitive nature of today's trading environments while aiming for equitable fee allocation.
Learn More📈MEMX Proposes Changes to Options Fee Schedule Affecting Traders
MEMX LLC is filing a proposed rule change to amend its Options Fee Schedule. The amendments will include a reduction in transaction rebates for certain options and the introduction of a tiered pricing structure aimed at incentivizing liquidity. This notice seeks to promote competitive pricing and enhance market participation among members.
Learn More📈SEC Rule Change for MEMX Execution Services
The SEC is proposing amendments to MEMX LLC's rules to clarify membership requirements for brokers and dealers and to adopt new rules governing MEMX Execution Services as an inbound router. The changes aim to align operational protocols with those of the recently approved national securities exchange, MX2, while removing obsolete rule provisions.
Learn More🏛️MEMX Proposes Nominating Committee Membership Changes
The Securities and Exchange Commission published a notice from MEMX LLC regarding a proposed rule change to amend its Limited Liability Company Agreement. The update aims to modify membership requirements for the Nominating Committee, allowing more flexibility in candidate selection while aligning governance structures with those of its affiliate, MX2 LLC.
Learn More📝SEC Notice
The SEC published a notice of a proposed rule change by MEMX LLC to amend Rule 13.4(a) to reflect the name change of NYSE Chicago, Inc. to NYSE Texas, Inc. This update aims to maintain clarity in the handling and execution of orders utilizing specific data feeds, enhancing transparency for market participants.
Learn More💹MEMX Proposes Non-Display Add Tier 3 Fee Schedule Changes
MEMX LLC filed a proposed rule change with the SEC to amend its fee schedule by introducing a new tier, Non-Display Add Tier 3. This tier aims to enhance rebates for certain executing orders, fostering a competitive trading environment and incentivizing members to increase liquidity. The changes are designed to attract more order flow to the exchange, impacting trading costs and strategies.
Learn More💹MEMX Announces Supplemental Warrants Program to Boost Options Trading
The Securities and Exchange Commission has published a notice regarding MEMX LLC's filing for a Supplemental Warrants Program aimed at enhancing participation in its options market. This program is designed to supplement existing equity rights, providing traders with warrants that vest based on increased trading volumes, thereby encouraging liquidity and market participation.
Learn More