MEMX Tweaks Fees to Reward Stock Quoters
Published Date: 2/21/2025
Notice
Summary
MEMX is rolling out a new Tape A Quoting Tier that rewards members who add displayed liquidity on stocks priced $1 or more. This change updates their fee schedule right away, giving traders a fresh way to earn rebates. If you trade Tape A securities, watch for these new perks starting now!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New Tape A Quoting Rebate Tier
MEMX adopted a new Tape A Quoting Tier that gives an additional rebate for executions that add displayed liquidity in Tape A securities priced at or above $1.00 per share. The Exchange filed the change on February 10, 2025 and implemented the fee-schedule update immediately.
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