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MEMX Raises Funds to Support Launch of Options Exchange

MEMX announced the successful completion of a strategic equity round of funding led by Optiver to support the launch of MEMX Options in August according to a story in MarketsMedia news. Optiver assumes a MEMX board seat as part of the transaction. Additional firms participating in the round include new investors Belvedere Strategic Capital, LP, Chicago Trading Company, and IMC, as well as existing investors Citadel Securities and Virtu Financial. The creation of MEMX Options was driven by marketplace interest to extend MEMX’s market model to the options community. MEMX will create an Options Market Structure Committee to help drive member focused improvements and advise on the ongoing evolution of the US Options market. 

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