Exchange #17

[ETJ]

MEMX

OPRA code U

Live trading slotted for September roughly -
OPRA approved today.

 

[maxinger]

Exchange #18 please.

 

[maxinger]

Where is Exchange # 18 ?!?!?!?

 

[arbs-r-us]

Where is Exchange # 18 ?!?!?!?

Right around the corner... MIAX Sapphire. OPRA code "S"!!!

 

[kalapur73]

Sorry for my ignorance, but what's the importance of this new exchange?

 

[ETJ]

At a bear minimum hold fees down, competition for the NBBO and possibly adding liquidity especially for IOs and over linkage. There can also be a disadvantage if they fracture liquidity.

 

[kalapur73]

At a bear minimum hold fees down, competition for the NBBO and possibly adding liquidity especially for IOs and over linkage. There can also be a disadvantage if they fracture liquidity.

Thanks for the explanation, makes sense now!