This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME

A summary of some of the past week’s financial technology news.

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Members Exchange Goes Live With US Equity Venue

Members Exchange (MEMX), a market operator founded by a group of financial firms, has launched its US equity trading venue.

MEMX began trading with nearly 50 exchange members on September 21. For the first iteration of the exchange platform, MEMX is offering live trading in seven symbols and in phases two of its roll out it will trade all National Market System listings.

The initial seven symbols are Acasti Pharma Inc. (ACST), Alphabet Inc.

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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