A Year End Message

2023 in Review

As the New Year approaches, I want to thank our friends and members for your support. 2023 was a year of strategic growth and diversification for MEMX, with significant milestones that you made possible.

While I agree with Coach John Wooden that it’s the little things that make big things happen, I’m citing a few of the big things that came to pass this year, knowing full well the hard work from the MEMX team and the engagement from the member community required to make each of these achievements come to fruition.

• We successfully launched an options exchange on the heels of welcoming several new options-focused investors.
• Our first technology licensed exchange went live on our platform, and we expanded into 24/7 exchange operations support.
• We continued to advocate for the member community by commenting on the SEC’s proposed market structure reform and laying initial groundwork for ORF reform.
• Our equities exchange averaged 3% market share throughout the year while maintaining high standards of operational performance and support.

I am incredibly excited about what MEMX is positioned to accomplish in 2024, and I appreciate the opportunity to be part of both an organization with such highly talented and dedicated individuals and an industry focused on improving outcomes for end investors.

While 2023 was full of many positive milestones for our firm, I would be remiss if I didn’t call out the incredibly difficult year it’s been for the world outside of MEMX. Amidst the pain and loss so many are experiencing and the polarization in our communities, I hope the coming year can bring comfort, healing, and greater understanding among all people.

I wish you and your family a happy and healthy new year.

Jonathan