Product Change-Priority Mail, First-Class Package Service & Parcel Select Negotiated Service Agreement, 34550 [2023-11410]
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34550
Federal Register / Vol. 88, No. 103 / Tuesday, May 30, 2023 / Notices
The 1,250 annual burden hours
requested are based on the number of
collections the NTSB expects to conduct
over the requested three-year period for
this generic clearance.
Estimated Total Annual Burden Cost:
$0.
Participation in this collection is
voluntary, and there are no costs to
respondents beyond the time spent
participating in the surveys.
Request for Comments: Prior to
submitting the ICR to the Office of
Information and Regulatory Affairs
(OIRA), 5 CFR 1320.8(d)(1) requires
agencies to provide a 60-day Notice in
the Federal Register and otherwise
consult with members of the public and
affected agencies. Thus, through this
Notice, the NTSB currently is soliciting
public comments that include: (1)
whether the proposed collection is
necessary for the NTSB to perform its
mission; (2) the accuracy of the
estimated burden; (3) ways for the NTSB
to enhance the quality, usefulness, and
clarity of the IC; and (4) ways to
minimize burden without reducing the
quality of the IC. The NTSB will
summarize and/or include comments
received in the agency’s request for
OMB approval.
Jennifer Homendy,
Chair.
[FR Doc. 2023–11364 Filed 5–26–23; 8:45 am]
BILLING CODE 7533–01–P
POSTAL SERVICE
Product Change—Priority Mail, FirstClass Package Service & Parcel Select
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: May 30,
2023.
FOR FURTHER INFORMATION CONTACT:
Sean C. 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 May 22, 2023,
it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail, First-Class Package Service &
Parcel Select Contract 24 to Competitive
Product List. Documents are available at
ddrumheller on DSK120RN23PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
17:16 May 26, 2023
Jkt 259001
www.prc.gov, Docket Nos. MC2023–164,
CP2023–168.
the most significant aspects of such
statements.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
[FR Doc. 2023–11410 Filed 5–26–23; 8:45 am]
BILLING CODE 7710–12–P
1. Purpose
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–97547; File No. SR–
CboeEDGX–2023–036]
Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Its
Fee Schedule
May 23, 2023.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on May 10,
2023, Cboe EDGX Exchange, Inc.
(‘‘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
forth in sections A, B, and C below, of
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00085
Fmt 4703
Sfmt 4703
The Exchange proposes to amend its
Fee Schedule applicable to its equities
trading platform (‘‘EDGX Equities’’) as
follows: (1) by modifying and
introducing certain Add/Remove
Volume Tiers; (2) by eliminating certain
Growth Tiers; (3) by modifying the
criteria of the Non-Displayed Add
Volume Tiers; (4) by eliminating certain
Non-Displayed Step-Up Tiers; (5) by
eliminating certain Retail Growth Tiers;
and (6) by introducing new fee code DX
and modifying the description and fee
associated with fee code DQ. The
Exchange proposes to implement these
changes effective May 1, 2023.3
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 registered equities exchanges, as well
as a number of alternative trading
systems and other off-exchange venues
that do not have similar self-regulatory
responsibilities under the Securities
Exchange Act of 1934 (the ‘‘Act’’), to
which market participants may direct
their order flow. Based on publicly
available information,4 no single
registered equities exchange has more
than 16% of the market share. Thus, in
such a low-concentrated and highly
competitive market, no single equities
exchange possesses significant pricing
power in the execution of order flow.
The Exchange in particular operates a
‘‘Maker-Taker’’ model whereby it pays
rebates to members that add liquidity
and assesses fees to those that remove
liquidity. The Exchange’s Fee Schedule
sets forth the standard rebates and rates
applied per share for orders that provide
and remove liquidity, respectively.
Currently, for orders in securities priced
at or above $1.00, the Exchange
provides a standard rebate of $0.00160
per share for orders that add liquidity
and assesses a fee of $0.0030 per share
3 The Exchange initially filed the proposed fee
changes on May 1, 2023 (SR–CboeEDGX–2023–
034). On May 10, 2023, the Exchange withdrew that
filing and submitted this proposal.
4 See Cboe Global Markets, U.S. Equities Market
Volume Summary, Month-to-Date (April 21, 2023),
available at https://www.cboe.com/us/equities/
market_statistics/.
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]]>Agencies
[Federal Register Volume 88, Number 103 (Tuesday, May 30, 2023)]
[Notices]
[Page 34550]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-11410]
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POSTAL SERVICE
Product Change--Priority Mail, First-Class Package Service &
Parcel Select 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: May 30, 2023.
FOR FURTHER INFORMATION CONTACT: Sean C. 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
May 22, 2023, it filed with the Postal Regulatory Commission a Request
of the United States Postal Service to Add Priority Mail, First-Class
Package Service & Parcel Select Contract 24 to Competitive Product
List. Documents are available at www.prc.gov, Docket Nos. MC2023-164,
CP2023-168.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023-11410 Filed 5-26-23; 8:45 am]
BILLING CODE 7710-12-P
