Members Exchange Trades in Seven Symbols A securities exchange start-up, the Members Exchange (MEMX) launched live trading via the U.S. equity market on Sept. 21, the first phase of MEMX’s rollout schedule. “A quick update on our first day of trading,” wrote Jonathan Kellner, CEO of MEMX, in a blog posting. “We executed our first… Read More >>
MEMX Picks Instinet Veteran to Be Its CEO
The Members Exchange’s (MEMX), a proposed challenger to incumbent exchange companies, has chosen industry veteran Jonathan Kellner to be its new CEO. Kellner’s resume includes his four years as CEO of agency-only broker Instinet. In 2014, Kellner was promoted to the post of CEO of Instinet, the equity trading arm of parent company Nomura Group,… Read More >>