Advisory Committee for Engineering; Notice of Meeting, 18353 [2023-06362]
Download as PDF
Federal Register / Vol. 88, No. 59 / Tuesday, March 28, 2023 / Notices
Credit Union Administration, on March
20, 2023.
Perspective from the Director’s Office
Strategic Recommendations for ENG
Dated: March 23, 2023.
Nina DiPadova,
NCUA PRA Clearance Officer.
Dated: March 23, 2023.
Crystal Robinson,
Committee Management Officer.
[FR Doc. 2023–06383 Filed 3–27–23; 8:45 am]
[FR Doc. 2023–06362 Filed 3–27–23; 8:45 am]
BILLING CODE 7535–01–P
BILLING CODE 7555–01–P
NATIONAL SCIENCE FOUNDATION
Advisory Committee for Engineering;
Notice of Meeting
In accordance with the Federal
Advisory Committee Act (Pub. L. 92–
463, as amended), the National Science
Foundation (NSF) announces the
following meeting:
NAME AND COMMITTEE CODE: Advisory
Committee for Engineering (1170)
(Hybrid).
DATE AND TIME: April 25, 2023; 10:00
a.m.–5:00 p.m. (Eastern), April 26, 2023;
8:00 a.m.–12:00 p.m. (Eastern).
PLACE: NSF, 2415 Eisenhower Avenue,
Alexandria, VA 22314/Hybrid (Inperson and Virtual).
TYPE OF MEETING: Open.
CONTACT PERSONS: Don Millard,
National Science Foundation, 2415
Eisenhower Avenue, Alexandria, VA
22314; Telephone: (703) 292–8300.
Additional meeting information, an
updated agenda, and registration
information will be posted on the
advisory committee website at https://
www.nsf.gov/eng/advisory.jsp.
PURPOSE OF MEETING: To provide
advice, recommendations and counsel
on major goals and policies pertaining
to engineering programs and activities.
Agenda
lotter on DSK11XQN23PROD with NOTICES1
Tuesday, April 25, 2023; 10:00 a.m.–
5:00 p.m. (Eastern)
Directorate for Engineering Report
National Academies report on
Advancing Antiracism, Diversity,
Equity, and Inclusion in STEMM
Organizations: Beyond Broadening
Participation
CHIPS and Science Act: Semiconductor
Update
Teach Engineering Update
Strategic Recommendations for ENG
Preparation for Discussion with the
Director’s Office
Wednesday, April 26, 2023; 8:00 a.m.–
12:00 p.m. (Eastern)
NSF Budget Update
Reports from Advisory Committee
Liaisons
Engineering Research Visioning
Alliance Update
Preparation for Discussion with the
Director’s Office
VerDate Sep<11>2014
16:59 Mar 27, 2023
Jkt 259001
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–97186; File No. SR–
CboeEDGX–2023–019]
Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Its
Fee Schedule
March 22, 2023.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 9,
2023, Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(the ‘‘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
Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) proposes to
amend its fee schedule. The text of the
proposed rule change is provided in
Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (https://markets.cboe.com/us/
options/regulation/rule_filings/edgx/),
at the Exchange’s Office of the
Secretary, 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
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00062
Fmt 4703
Sfmt 4703
18353
forth in sections A, B, and C below, of
the most significant aspects 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 its
Fee Schedule.3 Specifically, the
Exchange proposes to eliminate the
rebate currently provided for the
liquidity adding side of Customer-toCustomer orders in Penny and NonPenny Securities (currently yielding fee
codes PC and NC, respectively) and to
amend the Fee Schedule so that such
orders will be free.
The Exchange first notes that it
operates in a highly competitive market
in which market participants can
readily direct order flow to competing
venues if they deem fee levels at a
particular venue to be excessive or
incentives to be insufficient. More
specifically, the Exchange is only one of
16 options venues to which market
participants may direct their order flow.
Based on publicly available information,
no single options exchange has more
than 17% of the market share and
currently the Exchange represents only
approximately 6% of the market share.4
Thus, in such a low-concentrated and
highly competitive market, no single
options exchange, including the
Exchange, possesses significant pricing
power in the execution of option order
flow. The Exchange believes that the
ever-shifting market share among the
exchanges from month to month
demonstrates that market participants
can shift order flow or discontinue to
reduce use of certain categories of
products, in response to fee changes.
Accordingly, competitive forces
constrain the Exchange’s transaction
fees, and market participants can readily
trade on competing venues if they deem
pricing levels at those other venues to
be more favorable.
The Exchange’s Fee Schedule sets
forth standard rebates and rates applied
per contract. For example, the Exchange
currently provides a standard rebate of
$0.01 per contract for Customer orders
that add or remove liquidity, in both
Penny and Non-Penny Securities. The
Fee Codes and Associated Fees section
of the Fee Schedule also provides for
3 The Exchange initially filed the proposed fee
changes on February 1, 2023 (SR–CboeEDGX–2023–
008). On March 9, 2023, the Exchange withdrew
that filing and submitting this proposal.
4 See Cboe Global Markets U.S. Options Market
Monthly Volume Summary (March 6, 2023),
available at https://markets.cboe.com/us/options/
market_statistics/.
E:\FR\FM\28MRN1.SGM
28MRN1
Agencies
[Federal Register Volume 88, Number 59 (Tuesday, March 28, 2023)]
[Notices]
[Page 18353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-06362]
=======================================================================
-----------------------------------------------------------------------
NATIONAL SCIENCE FOUNDATION
Advisory Committee for Engineering; Notice of Meeting
In accordance with the Federal Advisory Committee Act (Pub. L. 92-
463, as amended), the National Science Foundation (NSF) announces the
following meeting:
Name and Committee Code: Advisory Committee for Engineering (1170)
(Hybrid).
Date and Time: April 25, 2023; 10:00 a.m.-5:00 p.m. (Eastern), April
26, 2023; 8:00 a.m.-12:00 p.m. (Eastern).
Place: NSF, 2415 Eisenhower Avenue, Alexandria, VA 22314/Hybrid (In-
person and Virtual).
Type of Meeting: Open.
Contact Persons: Don Millard, National Science Foundation, 2415
Eisenhower Avenue, Alexandria, VA 22314; Telephone: (703) 292-8300.
Additional meeting information, an updated agenda, and registration
information will be posted on the advisory committee website at https://www.nsf.gov/eng/advisory.jsp.
Purpose of Meeting: To provide advice, recommendations and counsel on
major goals and policies pertaining to engineering programs and
activities.
Agenda
Tuesday, April 25, 2023; 10:00 a.m.-5:00 p.m. (Eastern)
Directorate for Engineering Report
National Academies report on Advancing Antiracism, Diversity, Equity,
and Inclusion in STEMM Organizations: Beyond Broadening Participation
CHIPS and Science Act: Semiconductor Update
Teach Engineering Update
Strategic Recommendations for ENG
Preparation for Discussion with the Director's Office
Wednesday, April 26, 2023; 8:00 a.m.-12:00 p.m. (Eastern)
NSF Budget Update
Reports from Advisory Committee Liaisons
Engineering Research Visioning Alliance Update
Preparation for Discussion with the Director's Office
Perspective from the Director's Office
Strategic Recommendations for ENG
Dated: March 23, 2023.
Crystal Robinson,
Committee Management Officer.
[FR Doc. 2023-06362 Filed 3-27-23; 8:45 am]
BILLING CODE 7555-01-P