Product Change-Priority Mail Negotiated Service Agreement, 42175 [2018-17814]
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Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices
the interests of the general public in this
proceeding (Public Representative).
3. Comments are due no later than
August 21, 2018.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2018–17810 Filed 8–17–18; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL SERVICE
Product Change—Priority Mail
Negotiated Service Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Date of required notice: August
20, 2018.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on August 14,
2018, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Contract 462 to
Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2018–206, CP2018–288.
SUMMARY:
Elizabeth Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2018–17814 Filed 8–17–18; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
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Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change Related to Fees
for Use on the Exchange’s Equity
Options Platform
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
19:04 Aug 17, 2018
Jkt 244001
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange filed a proposal to
amend the fee schedule applicable to
Members 5 and non-Members of the
Exchange pursuant to EDGX Rules
15.1(a) and (c).
The text of the proposed rule change
is available at the Exchange’s website at
www.markets.cboe.com, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in Sections A, B, and C below, of
the most significant parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
[Release No. 34–83846; File No. SR–
CboeEDGX–2018–032]
August 14, 2018.
notice is hereby given that on August 8,
2018, Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the Exchange. The Exchange has
designated the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
1. Purpose
The Exchange proposes to amend its
fee schedule for its equity options
platform (‘‘EDGX Options’’) to (i) reduce
the standard rebates for Complex
Orders, Customer (contra NonCustomer) in Penny Pilot (‘‘Penny’’) and
3 15
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
5 The term ‘‘Member’’ is defined as ‘‘any
registered broker or dealer that has been admitted
to membership in the Exchange.’’ See Exchange
Rule 1.5(n).
4 17
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
42175
Non-Penny Pilot (‘‘Non-Penny’’)
Securities; (ii) increase the standard
rates for Market-Maker orders that
remove liquidity in Penny and NonPenny Securities; (iii) increase the
standard rate for BAM Contra orders;
(iv) amend the Customer Volume Tiers;
(v) amend the Complex Customer Penny
Tiers; (vi) amend the Complex Customer
Non-Penny Tiers; and (vii) and
eliminate the Complex Market-Maker
Penny and Non-Penny Tiers.6
Complex Order, Customer (Contra NonCustomer) Penny and Non-Penny
Rebates
Currently, the Exchange applies fee
code ZA to Customer complex orders
that are executed on the complex order
book (‘‘COB’’) with a non-Customer 7 as
the contra-party in Penny Securities and
provides such orders a rebate of $0.47
per contract. The Exchange also
currently applies fee code ZB to
Customer complex orders that are
executed on the COB with a nonCustomer as the contra-party in NonPenny Securities and provides such
orders a rebate of $0.97 per contract.
The Exchange proposes to reduce the
rebates for these orders. Particularly, the
Exchange proposes to reduce the rebate
for Customer complex orders with a
non-Customer as the contra party in
Penny Securities from $0.47 per
contract to $0.45 per contract. The
Exchange proposes to reduce the rebate
for Customer complex orders with a
non-Customer as the contra party in
Non-Penny Securities from $0.97 per
contract to $0.80 per contract.
Market Maker Remove Rate, Penny and
Non-Penny
By way of background, fee codes PT
and NT are currently appended to all
Market Maker orders in Penny
Securities and Non-Penny Securities,
respectively, that remove liquidity, and
result in a standard fee of $0.19 per
contract. The Exchange proposes to
increase the standard fee of $0.19 per
contract for Market Maker orders in
Penny and Non-Penny Securities that
remove liquidity to $0.23 per contract.
The Exchange notes that this increase is
in line with the amounts assessed by
other exchanges for similar
transactions.8
6 The Exchange initially filed the proposed fee
changes on August 1, 2018 (SR–CboeEDGX–2018–
026) for August 1, 2018 effectiveness. On business
date August 8, 2018, the Exchange withdrew that
filing and submitted this filing.
7 ‘‘Non-Customer’’ applies to any transaction that
is not a Customer order. See EDGX Options
Exchange Fee Schedule.
8 See e.g., Nasdaq PHLX LLC Pricing Schedule,
Section II, Multiply Listed Options Fees. See also
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Continued
20AUN1
Agencies
[Federal Register Volume 83, Number 161 (Monday, August 20, 2018)]
[Notices]
[Page 42175]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-17814]
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POSTAL SERVICE
Product Change--Priority Mail Negotiated Service Agreement
AGENCY: Postal ServiceTM.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Postal Service gives notice of filing a request with the
Postal Regulatory Commission to add a domestic shipping services
contract to the list of Negotiated Service Agreements in the Mail
Classification Schedule's Competitive Products List.
DATES: Date of required notice: August 20, 2018.
FOR FURTHER INFORMATION CONTACT: Elizabeth Reed, 202-268-3179.
SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg]
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on
August 14, 2018, it filed with the Postal Regulatory Commission a USPS
Request to Add Priority Mail Contract 462 to Competitive Product List.
Documents are available at www.prc.gov, Docket Nos. MC2018-206, CP2018-
288.
Elizabeth Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2018-17814 Filed 8-17-18; 8:45 am]
BILLING CODE 7710-12-P