Introducing MX2

Introducing MX2

We are pleased to announce plans to grow the MEMX exchange family with the launch of MX2, our second equities exchange medallion.

MX2 will initially provide a different fee structure than MEMX Equities but possess the same advanced technology for our members. The decision to launch this offering is rooted in our mission to respond to the needs of the trading community, while simultaneously continuing to position ourselves to successfully compete with other exchange operators.

With a second exchange medallion, MEMX will have greater flexibility to effectively respond to ever-changing market structure dynamics as the only exchange operator focused on advocating for the needs of market participants and sensible market structure reforms.

We anticipate launching MX2 in 2025, pending SEC approval, and look forward to keeping you updated on how this new business endeavor evolves.