Members Exchange's (MEMX) mission is to increase competition, improve operational transparency, reduce fixed costs, and simplify the execution of equity trading in the U.S. The founding members of MEMX are many of the largest U.S. retail broker-dealers, global banks, financial services firms and global market makers: Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, E*TRADE, Fidelity Investments, Morgan Stanley, TD Ameritrade, UBS, and Virtu Financial.
Location: United States, New Jersey, Jersey City
Employees: 11-50
Founded date: 2019
Investors 2
Date | Name | Website |
- | CTC Ventur... | ctcventure... |
- | Optiver’s ... | optiver.co... |
Mentions in press and media 6
Date | Title | Description |
10.06.2024 | The ETF Fee War: Cathie Wood's Withdrawal and the Texas Stock Exchange's Uphill Battle | In the cutthroat world of ETFs, fees have become the battleground where firms fight for investors' attention. Cathie Wood's Ark recently made headlines by pulling out of the race to offer an ether ETF, citing the intense fee war as the prim... |
10.06.2024 | The Lone Star Exchange: A Texas-sized Challenge | The Lone Star State is aiming to shake up the financial world with the Texas Stock Exchange, but it's facing an uphill battle against the established giants of Wall Street. With $120 million in funding from heavy hitters like BlackRock and ... |
08.06.2024 | The Texas Stock Exchange has its work cut out for it | figcaption>span]:font-sans" data-chromatic="ignore"> The Texas Stock Exchange, unveiled this week with $120 million in funding from BlackRock, Citadel Securities and others, wants to challenge the NYSE and the Nasdaq by... |
20.10.2021 | Mission-driven ventures are growing fast during the pandemic | Noorjit Sidhu Contributor Share on Twitter Noorjit Sidhu is an early-stage investor at Plug & Play Ventures, focused on investments across data infrastructure and cloud, artificial intelligence, financial services, and the future of lea... |
28.06.2021 | Beeks Trading : wins MEMX contract following competitive review | MEMX selected Beeks as their new partner for latency monitoring of their new exchange. Beeks Group was selected for latency monitoring of the new Members Exchange (MEMX), the fastest growing U.S. equities exchange, following their review of... |
21.09.2020 | Some of the biggest names on Wall Street have launched MEMX, a new stock exchange | A new stock exchange backed by big name investors, such as JP Morgan and Goldman Sachs, launches on September 21. Members Exchange (MEMX) is one of several bourses that are launching this year and is attempting to challenge the incumbent ex... |