MEMX Slashes Rebates for Non-Penny Options Trades Effective Now
Published Date: 3/17/2025
Notice
Summary
MEMX is cutting the rebate it pays customers who add trades in Non-Penny options starting March 3, 2025. This change affects traders using MEMX’s options platform and means they’ll get a bit less money back for certain trades. The goal? Keep things fair and balanced in the trading game.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
MEMX cuts non‑penny options rebate
MEMX will reduce the transaction rebate it pays to customers who add liquidity in Non‑Penny options. This change applies to executions made in the Customer capacity on the MEMX options platform and takes effect on March 3, 2025. If you trade Non‑Penny options on MEMX as a customer who adds liquidity, you will receive a smaller rebate for those trades starting that date.
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