MEMX

MEMX is a member-owned exchange operator based in New York, founded in 2019. It specializes in U.S. equities and options trading, operating two exchanges: MEMX for equities and options, and MX2, which includes MX2 Options for pro-rata allocation. The company focuses on providing simpler, more cost-effective, and transparent access to liquidity for both retail and institutional investors. MEMX was created by a diverse group of financial firms to enhance competition and improve trading experiences. The platform leverages advanced technology for execution, pricing, and market data, while maintaining a limited set of order types to ensure transparency. It offers a range of trading services, including order management features and connectivity options through the FIX 5.0 protocol. Additionally, MEMX provides comprehensive market data products, including depth and historical data, through its MEMOIR system.