MEMX (Members Exchange) is a U.S.-based startup founded in 2000 with a mission to revolutionize equity trading in the country. The company aims to bring about increased competition, enhanced operational transparency, reduced fixed costs, and simplified equity trading execution. MEMX boasts an impressive lineup of founding members, including major U.S. retail broker-dealers, global banks, financial services firms, and market makers such as Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, E*TRADE, Fidelity Investments, Morgan Stanley, TD Ameritrade, UBS, and Virtu Financial.
In March 01, 2023, MEMX secured a Series D investment round with CTC Venture Capital. The startup operates in a diverse range of industries, including Developer Tools, Education, Information Technology, and Internet, signifying its potential for widespread impact and scalability. With its impressive roster of founding members and a recent infusion of capital from CTC Venture Capital, MEMX is well-positioned to continue disrupting the equity trading landscape in the U.S. and beyond.