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MercoPress, en Español

Montevideo, November 5th 2024 - 05:43 UTC

Tag: MEMX

  • Tuesday, January 8th 2019 - 10:11 UTC

    Financial sector leading firms plan to launch an equities exchange: “Members Exchange”

    The founding members of MEMX are many of the largest U.S. retail broker-dealers, global banks, financial services firms and global market makers

    A group of nine leading retail broker-dealers, banks, financial services firms, and global market makers, have agreed to launch an equities exchange, MEMX, or Members Exchange. The new exchange will be owned entirely by its founding members and will seek to deliver benefits to retail and institutional investors by introducing greater competition to the marketplace. MEMX will file an application with the Securities and Exchange Commission in early 2019 for approval to operate as a national securities exchange.