Federal Register #SR-MEMX-2026-30

SEC Notice of Proposed Rule Change by MEMX LLC to Amend Exchange Fee Schedule

This opportunity involves a notice from the Securities and Exchange Commission (SEC) regarding a proposed rule change by MEMX LLC, a self-regulatory organization and exchange. - Government buyer: - Securities and Exchange Commission (SEC) - MEMX LLC (self-regulatory organization submitting the proposal) - No OEMs or commercial vendors are mentioned, as this is a regulatory action rather than a procurement. - Products/services requested: - No products or services are being procured; the notice pertains to amendments in the fee schedule for MEMX's options trading platform. - Notable requirements: - Proposed changes include: - Adoption of a new Volume Tier 1 - Adjustments to transaction fees and rebates for various participant types and option categories - Increased rebates for customer executions in Non-Penny options - Reduced rebates for market maker executions - Enhanced rebates for Penny options based on volume criteria - The goal is to incentivize additional contract executions, increase trading volume, deepen liquidity, and promote price discovery on the MEMX Options platform. - No procurement or acquisition of goods/services is involved; this is a regulatory notice about fee schedule modifications.

Description

The Securities and Exchange Commission has published a notice regarding a proposed rule change by MEMX LLC to amend its fee schedule. The proposed changes include adopting a Volume Tier 1 and making adjustments to transaction fees and rebates for various capacities and option types. The changes aim to incentivize additional contract executions, enhance volume, deepen liquidity, and promote price discovery on the MEMX Options platform. The proposal was filed on August 31, 2026, and the Exchange proposes to implement the changes on September 1, 2026. The Commission has waived the 30-day operative delay, making the rule change effective immediately.

View original listing