Why Citi is the latest Wall Street giant to back the new MEMX stock exchange, launching this fall

The Members Exchange has a new member in its ranks. The upstart stock exchange, founded and backed by many of Wall Street’s biggest financial firms, has added Citigroup to its group of investors, it announced Thursday. The Members Exchange, also known as MEMX, is slated to launch Sept. 4 and aims to shake up the …

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