MEMX Goes with Nasdaq for Market Surveillance

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While the Members Exchange (MEMX) and Nasdaq will look to potentially start competing this summer, that doesn’t mean that they can’t also partner.

MEMX is in the process of integrating the Nasdaq Market Surveillance platform—which was formerly known as Nasdaq Smarts. Tom Fay, the chief operating officer of MEMX, who joined the startup from Nasdaq last June, tells WatersTechnology that the two companies are currently working on establishing connectivity and that they’re waiting for the delivery

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