Articles from MEMX

MEMX, a technology-driven exchange operator founded by members to benefit all investors, today announced the appointment of David Mellor as the company’s Head of Global Market Technology Sales. Mellor will be based in London and focus on the continued build-out of the company’s market technology business while prioritizing its international expansion.

MEMX, a technology-driven exchange operator founded by members to benefit all investors, reached over 3% total options market share and 6.1% regular electronic options market share in September 2024, coinciding with the one-year anniversary of the exchange.

MEMX, a technology-driven exchange operator founded by members to benefit all investors, today announced the successful launch of its options exchange. MEMX Options was created to extend the proven success of MEMX's equities exchange and member-aligned market model to the options community. MEMX Options leverages the strength of MEMX’s data-centric exchange architecture and state-of-the-art infrastructure, while providing traders with both passive and active risk management capabilities.

MEMX, a market operator founded by members to benefit all investors, today announced the successful completion of a strategic equity round of funding led by Optiver, a leading global market maker, to support the launch of MEMX Options in August. Optiver assumes a MEMX board seat as part of the transaction. Additional firms participating in the round include new investors Belvedere Strategic Capital, LP, Chicago Trading Company, and IMC, as well as existing investors Citadel Securities and Virtu Financial.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today announced that the Securities and Exchange Commission (“SEC”) has approved MEMX’s rule filing to launch a platform for trading listed options. The U.S. options exchange, MEMX Options, will leverage the strengths of MEMX’s data-centric exchange architecture and state-of-the-art infrastructure. The exchange will use a price time-model and is expected to launch in early 2023.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today announced it will launch a U.S. options exchange. MEMX Options will leverage the strengths of MEMX’s data-centric exchange architecture and state-of-the-art infrastructure. The exchange will adopt a price-time model and is targeting a Q4 launch, pending SEC approval.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today announced new proposed pricing for the exchange’s real-time equities market data, pending filing with the Securities and Exchange Commission. After rapidly growing to over 4% market share in its first 16 months of operation, MEMX is now a meaningful source of price discovery for US equities and will be the first stock exchange to make real-time market data available to both professional and non-professional customers at the same low price of $.01.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today announced that it will deliver real-time equities pricing data from its exchange to the Pyth network, a decentralized financial market data distribution platform designed to bring real-world data on-chain on a sub-second timescale. As the fastest-growing U.S. equities exchange with 4% market share, MEMX will help the Pyth network scale by providing robust, trusted, and verifiable equities market data on-chain.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today marked one year of live exchange operations. MEMX is the fastest growing US equity exchange. On September 16th, MEMX’s market share reached an all-time high of 4.24%.

MEMX, a market operator founded by a diverse group of participants to benefit all investors, today announced multiple performance records, including scaling the exchange market share ranks to close out April as the 6th largest of the 16 U.S. equity exchanges. MEMX is the fastest growing equities exchange in the country, with monthly double digit increases in average daily trading volume.