Product Change-Priority Mail Negotiated Service Agreement, 15510 [2020-05548]
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15510
Federal Register / Vol. 85, No. 53 / Wednesday, March 18, 2020 / Notices
Date of required notice: March
18, 2020.
FOR FURTHER INFORMATION CONTACT:
Sean Robinson, 202–268–8405.
SUPPLEMENTARY INFORMATION: The
United States Postal Service ® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on March 12, 2020,
it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail & First-Class Package
Service Contract 142 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2020–100,
CP2020–105.
DATES:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
BILLING CODE 7710–12–P
POSTAL SERVICE
Product Change—Priority Mail
Negotiated Service Agreement
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: March
18, 2020.
FOR FURTHER INFORMATION CONTACT:
Sean Robinson, 202–268–8405.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on March 12, 2020,
it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Contract 596 to
Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2020–99, CP2020–104.
SUMMARY:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2020–05548 Filed 3–17–20; 8:45 am]
BILLING CODE 7710–12–P
Stephanie Hillyard, Secretary to the
Board, Phone No. 312–751–4920.
Dated: March 13, 2020.
Stephanie Hillyard,
Secretary to the Board.
[FR Doc. 2020–05702 Filed 3–16–20; 11:15 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–88368; File No. SR–
NYSENAT–2020–09]
Sunshine Act Meetings
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENT: FR Doc. 2020–04861
Filed 3–5–20; 4:15 p.m.
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETING: 10:00 a.m., March 18,
2020.
Jkt 250001
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on February
28, 2020, NYSE National, Inc. (‘‘NYSE
National’’ or the ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I, II, and III below, which Items
have been prepared by the Exchange.
The Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Rule 7.31 (Orders and Modifiers)
relating to how orders are repriced and
make related changes to Rules 7.36 and
7.38. The proposed rule change is
available on the Exchange’s website at
www.nyse.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
RAILROAD RETIREMENT BOARD
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CONTACT PERSON FOR MORE INFORMATION:
March 12, 2020.
Postal Service TM.
ACTION: Notice.
AGENCY:
18:54 Mar 17, 2020
This meeting
has been cancelled.
Self-Regulatory Organizations; NYSE
National, Inc.; Notice of Filing of
Proposed Rule Change Amending Rule
7.31 (Orders and Modifiers) Relating to
How Orders Are Repriced and Make
Related Changes to Rules 7.36 and
7.38
[FR Doc. 2020–05549 Filed 3–17–20; 8:45 am]
VerDate Sep<11>2014
CHANGES IN THE MEETING:
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of,
and basis for, the proposed rule change
and discussed any comments it received
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
PO 00000
Frm 00098
Fmt 4703
Sfmt 4703
on the proposed rule change. The text
of those 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
1. Purpose
The Exchange proposes to amend
Rule 7.31 (Orders and Modifiers)
relating to how orders are repriced and
make related changes to Rules 7.36 and
7.38.
Background
Currently, if an Away Market updates
its PBBO and crosses not only the
Exchange’s BBO, but also displayed
orders in the Exchange Book not
represented in the BBO, i.e., depth-ofbook orders, and then the Exchange’s
BBO cancels or trades, the Exchange
will not disseminate its next-best priced
displayed order as its new BBO to the
securities information processor
(‘‘SIP’’).4 Instead, the Exchange reprices
such order before it is disseminated to
the SIP.5
For example, if the Exchange’s BB is
$10.05 and on the Exchange Book, there
is an order to buy 100 shares ranked
Priority 2—Display Orders at $10.04
(‘‘Order A’’), Order A is displayed in the
Exchange’s proprietary depth-of-book
4 The term ‘‘Away Market’’ is defined in Rule
1.1(b) to mean ‘‘any exchange, alternative trading
system (‘‘ATS’’) or other broker-dealer (1) with
which the Exchange maintains an electronic linkage
and (2) that provides instantaneous responses to
orders routed from the Exchange.’’ The term ‘‘BBO’’
is defined in Rule 1.1(c) to mean the best bid or
offer on the Exchange, and the term ‘‘BB’’ means the
best bid on the Exchange, and the term ‘‘BO’’ means
the best offer on the Exchange. The term ‘‘PBB’’ is
defined in Rule 1.1(t) to mean the highest Protected
Bid, the term ‘‘PBO’’ means the lowest Protected
Offer, and ‘‘PBBO’’ means the Best Protected Bid
and Best Protected Offer. The terms ‘‘Protected Bid’’
and ‘‘Protected Offer’’ are defined in Rule 1.1(aa).
The term ‘‘Exchange Book’’ is defined in Rule 1.1(l)
to mean the Exchange’s electronic file of orders,
which contains all orders entered on the Exchange.
5 See Rule 7.31(a)(2)(C), which provides that ‘‘[i]f
a BB (BO) that is locked or crossed by an Away
Market PBO (PBB) is cancelled, executed or routed
and the next best-priced resting Limit Order(s) on
the Exchange Book that would become the new BB
(BO) would have a display price that would lock
or cross the PBO (PBB), such Limit Order(s) to buy
(sell) will be assigned a display price one MPV
below (above) the PBO (PBB) and a working price
equal to the PBO (PBB). When the PBO (PBB) is
updated, the Limit Order(s) to buy (sell) will be
repriced consistent with the original terms of the
order. If a Day ISO to buy (sell) arrives before the
PBO (PBB) is updated, such repriced Limit Order(s)
to buy (sell) will be repriced to the lower (higher)
of the display price of the Day ISO or the original
price of the Limit Order(s).’’
E:\FR\FM\18MRN1.SGM
18MRN1
Agencies
[Federal Register Volume 85, Number 53 (Wednesday, March 18, 2020)]
[Notices]
[Page 15510]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05548]
-----------------------------------------------------------------------
POSTAL SERVICE
Product Change--Priority Mail Negotiated Service Agreement
AGENCY: Postal Service TM.
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: March 18, 2020.
FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202-268-8405.
SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg]
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on
March 12, 2020, it filed with the Postal Regulatory Commission a USPS
Request to Add Priority Mail Contract 596 to Competitive Product List.
Documents are available at www.prc.gov, Docket Nos. MC2020-99, CP2020-
104.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2020-05548 Filed 3-17-20; 8:45 am]
BILLING CODE 7710-12-P