MEMX gains regulatory approval to operate US exchange
US Securities and Exchange Commission gives new exchange MEMX the green light to operate its trading venue.
Tag: MEMX
MEMX launch hit with delays due to coronavirus disruption
Testing on the new MEMX exchange has been delayed due to disruption caused by the coronavirus pandemic, but venue plans to launch in the third quarter.
Equities
Goldman Sachs, JP Morgan and Jane Street join MEMX venture as launch date is set
Upcoming US equity exchange MEMX has gained the support of Wall Street players Goldman Sachs, JP Morgan and Jane Street Capital.
US buy-side traders pour cold water on new exchange market entrants
The latest research from Greenwich Associates reveals traders are not in favour of increased fragmentation, as three exchanges prepare to launch this year.
US watchdog moves to overhaul governance of equity consolidated tape
Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
MEMX targets mid-2020 launch after seeking green light from US regulator
New exchange established by major Wall Street players is targeting launch for the middle of next year.
MEMX taps former Instinet chief executive to lead member-owned equities exchange
Jonathan Kellner appointed as chief executive of newly-formed exchange effective immediately.
Trading Venues
MEMX: The road ahead
Following news of major US players looking to establish a member-owned equities exchange, industry experts agree the move could prove to be positive for markets, but warn the road ahead for MEMX may be a difficult one.
Major US institutions to rival NYSE and Nasdaq with launch of ‘low-cost’ exchange
Morgan Stanley, Virtu Financial, Citadel Securities, UBS and Fidelity Investments are among the firms looking to establish a low-cost, transparent equities exchange.