MEMX Drops Volume Tier 1 Options Trading Discount
Published Date: 6/10/2026
Notice
Summary
MEMX is shaking up its options trading fees by removing the Volume Tier 1 discount starting June 1, 2026. This change affects all MEMX members who trade options, potentially changing how much they pay per trade. The update kicks in immediately, so traders should check their costs and adjust fast!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
MEMX Removes $0.47 Options Rebate Tier
If you are a MEMX Member who trades options, MEMX will eliminate the Volume Tier 1 rebate effective June 1, 2026. That tier previously provided an enhanced rebate of $0.47 per contract for Added Professional Penny Volume for Members that achieved an ADAV equal to or greater than 0.125% of the equity and ETF option TCV; Members will no longer receive that enhanced rebate.
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Previous / Next Documents
Previous: 2026-11567 — Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to the Treasury Clearing Service Initial Margin Approach Model Description Document, Treasury Clearing Service Guaranty Fund and Stress Test Approach Model Description Document, and Treasury Clearing Service Risk Parameter Setting and Review Policy
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Next: 2026-11569 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Adopt Non-Conforming Ratios
Nasdaq ISE is shaking things up by letting Complex Orders trade in both usual and unusual ratios on their platform and auctions. This change affects traders using the Complex Order Book and could make trading more flexible and faster starting immediately. No extra fees or delays—just smoother, smarter trading moves!