What are the general steps required to become a Member?
Establish network connectivity
Complete the MEMX Member Application & Submit
Initialize and Setup the MEMX Operations Portal
Platform/MDE Testing
Formal Certification
What is the on-boarding process for Extranet Providers?
MEMX partners with approved network providers that operate financial extranets that aggregate multiple customers. They typically provide low cost, value-added services including connectivity for the MEMX exchange, order entry facilitation, and receipt of multicast market data. Approved Extranet Providers will be listed on our User Portal, including provider contact information and a link to the firm’s website. In order to be approved as and maintain status as a MEMX Extranet Provider, the provider is required to meet and maintain certain requirements, including monthly reporting obligations.
Can one become a market data subscriber without becoming a Member?
Yes, market data can be consumed by entities other than exchange members, or prior to exchange membership.