At MEMX, we believe that competition, transparency, and innovation are the keys to better markets. Founded in 2019 by a consortium of leading financial institutions including Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, Fidelity Investments, Morgan Stanley, and Virtu Financial, MEMX was built to serve the interests of all market participants. We operate as a technology-driven exchange operator, running both a U.S. Equities Exchange and a U.S. Options Exchange that challenge the status quo by offering simpler trading models, the latest technology, and transparent, low-cost fee structures. Our mission is to increase competition, improve operational transparency, reduce fixed costs, and simplify the execution of equity trading in the United States.
We've built a remote-first team of exchange experts and next-generation technology leaders who thrive on solving complex problems at the intersection of finance and technology. Beyond operating our own exchanges, we offer MEMX Market Technology - a customizable, multi-asset-class exchange platform that enables other market centers to launch and operate efficiently. Our engineering culture emphasizes low-latency, high-throughput systems built with Java, Linux, and modern infrastructure tools. At MEMX, we value entrepreneurial spirit, continuous innovation, and the relentless pursuit of better market outcomes for retail and institutional investors alike.