Lime Trading Corp. (“Lime”) is now a member of the Members Exchange (“MEMX”).
Since launching in the fall of 2020, MEMX has quickly grown to become the largest independent exchange. The exchange operator is focused on creating and promoting a fair, transparent, and efficient experience for all investors. Recently, it unveiled market data pricing significantly lower than its competitors.
Those interests include lower pricing on market data and transaction fees in addition to investments in technology, with the hope of increasing transparency in the industry with “simple and fair” pricing.
“MEMX has seen impressive market share growth over the last 12 months,” said Lugene Forte, CEO of Lime Trading. “We want to be part of that by offering direct market access to MEMX for our client base.”
In Q1 2022, Lime Trading became a member of MEMX to help its clients access liquidity in the marketplace.
“We are pleased to welcome Lime to MEMX and look forward to working with Lime to advance the needs of all investors,” said Morgan Melchiorre, head of MEMX’s Member Experience team.
As a member of this exchange, Lime hopes to expand competitive access to sophisticated, independent traders, filling a vacuum between the bulge bracket firms and retail.
The Lime Financial brand is comprised of Lime Trading Corp., an SEC-registered broker-dealer, Lime Advisory Corp., an SEC-registered investment adviser, and Lime Crypto LLC. Securities are offered through these regulated entities. Member of FINRA/SIPC/NFA.
For more information, visit https://www.intlimecoprod.wpengine.com/.
