New Wall Street-backed stock exchange MEMX to launch on September 4

NEW YORK (Reuters) - The Members Exchange (MEMX), a new bourse that aims to take on the New York Stock Exchange and Nasdaq Inc , and is backed by financial heavyweights including Bank of America Corp and BlackRock Inc , said on Thursday it will launch on Sept. 4.MEMX, which was founded by many of the biggest customers of Intercontinental Exchange Inc's NYSE and Nasdaq, has raised $135 million since it was founded in January 2019 to challenge what those firms saw as excessive exchange fees for..