This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME
A summary of some of the past week’s financial technology news.
Members Exchange Goes Live With US Equity Venue
Members Exchange (MEMX), a market operator founded by a group of financial firms, has launched its US equity trading venue.
MEMX began trading with nearly 50 exchange members on September 21. For the first iteration of the exchange platform, MEMX is offering live trading in seven symbols and in phases two of its roll out it will trade all National Market System listings.
The initial seven symbols are Acasti Pharma Inc. (ACST), Alphabet Inc.
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