Long-Term Stock Exchange
Powering a fledgling exchange's rapid growth
MEMX’s advanced, high-performance technology played a pivotal role in enhancing the trading capabilities of the Long-Term Stock Exchange (LTSE) by increasing their average daily volume by nearly 600%. This partnership is just one of many successful collaborations MEMX Technology has accomplished, demonstrating its ability to provide innovative solutions that empower exchanges and market participants while helping them to fulfill their regulatory responsibilities.
LTSE, a registered national securities exchange and self-regulatory organization, launched its exchange in 2020. At that time, it reached a maximum daily volume of about 5,000,000 shares. After a seamless upgrade of its trading infrastructure to MEMX in 2024, LTSE hit a daily volume of over 30,000,000 shares in less than two weeks. MEMX's high-performance, low-latency system provided access to advanced order types, enhanced risk controls, and direct market data feeds.
LTSE’s performance has improved in part because MEMX offers a scalable and flexible platform and a more efficient, transparent, and reliable trading experience.
Our partnership with MEMX and adoption of its trading technology has been crucial to enabling LTSE’s growth. We are glad to partner with MEMX, a leader in the trading space.
– Bill Harts, CEO │ Long-Term Stock Exchange