MEMX Employee Directory
Capital MarketsUnited States51-200 Employees
MEMX is a United States–based exchange initiative aimed at increasing competition and improving transparency in equity trading. It seeks to reduce fixed costs and simplify the execution of U.S. stock trades for market participants. The venture was founded by a consortium of large retail broker-dealers, global banks, and market makers, including Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, E*TRADE, Fidelity Investments, Morgan Stanley, TD Ameritrade, UBS, and Virtu Financial. Its target customers are institutions and brokers active in the U.S. equity markets seeking more efficient trading infrastructure. Within the capital markets industry, MEMX positions itself as an alternative to traditional venues by emphasizing lower costs and more transparent operations, backed by a broad coalition of industry participants.
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