MEMX Receives Regulatory Approval for Second Exchange

MEMX, a technology-driven exchange operator founded by members to benefit all investors, announced it has received regulatory approval for its second exchange medallion, MX2. This milestone marks a significant step in the company’s continued commitment to providing innovative trading solutions to all market participants. As a result of this approval, MEMX now has rules in place to govern trading on a second equities exchange. MEMX is actively working with market participants to determine the optimal launch date for MX2 Equities and will announce exact timing at a future date. Additionally, MEMX intends to submit a rule filing to govern trading options utilizing a pro-rata model. This filing will support the expansion of MEMX exchange operations and the build out of the MX2 Options platform, which is targeted to launch in the first half of 2026.