Product Change-Priority Mail, First-Class Package Service & Parcel Select Negotiated Service Agreement, 48497-48498 [2023-15867]
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Federal Register / Vol. 88, No. 143 / Thursday, July 27, 2023 / Notices
Competitive Product List and Notice of
Filing Materials Under Seal; Filing
Acceptance Date: July 21, 2023; Filing
Authority: 39 U.S.C. 3642, 39 CFR
3040.130 through 3040.135, and 39 CFR
3035.105; Public Representative:
Jennaca D. Upperman; Comments Due:
July 31, 2023.
4. Docket No(s).: MC2023–193 and
CP2023–197; Filing Title: USPS Request
to Add First-Class Package Service &
Parcel Select Contract 6 to Competitive
Product List and Notice of Filing
Materials Under Seal; Filing Acceptance
Date: July 21, 2023; Filing Authority: 39
U.S.C. 3642, 39 CFR 3040.130 through
3040.135, and 39 CFR 3035.105; Public
Representative: Christopher C. Mohr;
Comments Due: July 31, 2023.
This Notice will be published in the
Federal Register.
Erica A. Barker,
Secretary.
[FR Doc. 2023–15946 Filed 7–26–23; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL SERVICE
Product Change—Priority Mail, FirstClass Package Service & Parcel Select
Negotiated Service Agreement
www.prc.gov, Docket Nos. MC2023–189,
CP2023–193.
POSTAL SERVICE
Product Change—First-Class Package
Service & Parcel Select Service
Negotiated Service Agreement
ACTION:
Postal ServiceTM.
BILLING CODE 7710–12–P
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: July 27,
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 July 21, 2023,
it filed with the Postal Regulatory
Commission a USPS Request to Add
First-Class Package Service & Parcel
Select Service Contract 6 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2023–193,
CP2022–197.
SUMMARY:
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
BILLING CODE 7710–12–P
Notice.
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.
SUMMARY:
DATES:
Date of required notice: July 27,
2023.
FOR FURTHER INFORMATION CONTACT:
Sean C. Robinson, 202–268–8405.
The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on July 21, 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 36 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2023–191,
CP2023–195.
ddrumheller on DSK120RN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–15871 Filed 7–26–23; 8:45 am]
BILLING CODE 7710–12–P
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17:21 Jul 26, 2023
Jkt 259001
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–15869 Filed 7–26–23; 8:45 am]
Postal ServiceTM.
ACTION: Notice.
AGENCY:
[FR Doc. 2023–15870 Filed 7–26–23; 8:45 am]
AGENCY:
48497
POSTAL SERVICE
Product Change—Priority Mail, FirstClass Package Service & Parcel Select
Negotiated Service Agreement
Postal
ACTION: Notice.
AGENCY:
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: July 27,
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 July 19, 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 35 to Competitive
Product List. Documents are available at
PO 00000
Frm 00073
Fmt 4703
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Product Change—Priority Mail and
USPS Ground Advantage® 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: July 27,
2023.
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 July 21, 2023,
it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail & USPS Ground
Advantage® Contract 5 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2023–190,
CP2023–194.
SUMMARY:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–15872 Filed 7–26–23; 8:45 am]
BILLING CODE 7710–12–P
ServiceTM.
SUMMARY:
POSTAL SERVICE
POSTAL SERVICE
Product Change—Priority Mail, FirstClass Package Service & Parcel Select
Negotiated Service Agreement
Postal ServiceTM.
ACTION: Notice.
AGENCY:
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: July 27,
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.
SUMMARY:
E:\FR\FM\27JYN1.SGM
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48498
Federal Register / Vol. 88, No. 143 / Thursday, July 27, 2023 / Notices
3642 and 3632(b)(3), on July 21, 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 37 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2023–192,
CP2023–196.
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–15867 Filed 7–26–23; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–97959; File No. SR–BOX–
2023–19]
Self-Regulatory Organizations; BOX
Exchange LLC; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend the Fee
Schedule for Trading on the BOX
Options Market LLC Facility To Change
How Certain Complex Orders Are
Assessed Within the Fee Structure
July 21, 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 July 18,
2023, BOX Exchange LLC (‘‘Exchange’’)
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 filed the proposed rule
change pursuant to section
19(b)(3)(A)(ii) of the Act,3 and Rule
19b–4(f)(2) thereunder,4 which renders
the proposal effective upon filing with
the Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
ddrumheller on DSK120RN23PROD with NOTICES1
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The Exchange is filing with the
Securities and Exchange Commission
(‘‘Commission’’) a proposed rule change
to amend the Fee Schedule for trading
on the BOX Options Market LLC
(‘‘BOX’’) options facility to change how
certain Complex Orders are assessed
within the fee structure, specifically
each leg of a Complex Orders that
1 15
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
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Jkt 259001
executes against the BOX Book 5 instead
of the Complex Order Book.6 The text of
the proposed rule change is available
from the principal office of the
Exchange, at the Commission’s Public
Reference Room, and also on the
Exchange’s internet website at https://
boxexchange.com.
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 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 the
Fee Schedule for trading on BOX to
change how certain Complex Orders are
assessed within the fee structure,
specifically each leg of a Complex
Orders that executes against the BOX
Book 7 instead of the Complex Order
Book.8
While a Participant may enter a
Complex Order with the intent of that
Order executing against another
Complex Order on the Complex Order
Book, the BOX Trading System allows
single legs within the Complex Order to
execute against orders on the BOX
Book.9 Currently, each leg of a Complex
Order executed against the BOX Book is
treated as a Complex Order for purposes
of the Fee Schedule and subject to the
fees detailed in Section VI (Complex
Order Transaction Fees). The Exchange
now proposes to amend Section VI.B
(Orders on BOX Book Executed Against
Complex Orders) of the BOX Fee
5 The term ‘‘Central Order Book’’ or ‘‘BOX Book’’
means the electronic book of orders on each single
option series maintained by the BOX Trading Host.
See BOX Rule 100(a)(10).
6 The term ‘‘Complex Order Book’’ means the
electronic book of Complex Orders maintained by
the BOX Trading Host. See BOX Rule 7240(a)(8).
7 The term ‘‘Central Order Book’’ or ‘‘BOX Book’’
means the electronic book of orders on each single
option series maintained by the BOX Trading Host.
See BOX Rule 100(a)(10).
8 The term ‘‘Complex Order Book’’ means the
electronic book of Complex Orders maintained by
the BOX Trading Host. See BOX Rule 7240(a)(8).
9 See BOX Rule 7240.
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Schedule to include language stating
that each leg of a Complex Order
executed against the BOX Book will be
treated as a standard order for purposes
of the Fee Schedule and now be subject
to Section IV (Electronic Transaction
Fees). Specifically, the Exchange
proposes to amend Section VI.B as
follows:
Each order on the BOX Book executed
against a Complex Order and each leg of a
Complex Order executed against the BOX
Book will be treated as a standard order for
purposes of the Fee Schedule and subject to
Section IV.A (Electronic Transaction Fees for
Non-Auction Transactions).
The Exchange believes the proposed
change is reasonable because the
Exchange’s fee structures for electronic
non-auction transactions and Complex
Orders are designed to independently
attract liquidity and to reward
Participants for their order flow.
Specifically, when a Complex Order
interacts with the BOX Book, the orders
in the BOX Book are assessed electronic
transaction fees for non-auction
transactions.10 In contrast, the legs of
the Complex Order involved in the same
transaction are assessed fees from a
different section of the BOX Fee
Schedule, which may be confusing to
Participants.11 As such, the Exchange
proposes to assess each leg of a Complex
Order that trades against the BOX Book
the electronic transaction fees for nonauction transactions detailed in Section
IV.A of the BOX Fee Schedule. The
Exchange believes that assessing each
leg of a Complex Order according to the
fee structure applicable to electronic
non-auction transactions (which may
increase or decrease fees or result in
BOX providing no rebate or a smaller
rebate), is reasonable because such
orders may benefit from the liquidity on
the BOX Book in addition to the
liquidity on the Complex Order Book.
The Exchange believes further that the
proposed changes are reasonable
because they add clarity to the Fee
Schedule by expressly providing which
fees will be assessed to the legs of a
Complex Order when the legs of a
Complex Order interact with the BOX
Book.
The Exchange notes that Complex
Orders from Public Customers are
assessed no fee or provided a rebate of
$0.50 depending on the contra party and
whether the order is making or taking
liquidity in Penny Interval Classes and
are assessed no fee or provided a rebate
10 See
BOX Fee Schedule Section VI.B.
this is not specified expressly in the
Fee Schedule, the legs of Complex Orders trading
against the BOX Book are currently assessed
Complex Order transaction fees in BOX Fee
Schedule Section VI.A.
11 Although
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]]>Agencies
[Federal Register Volume 88, Number 143 (Thursday, July 27, 2023)]
[Notices]
[Pages 48497-48498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-15867]
-----------------------------------------------------------------------
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: July 27, 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.
[[Page 48498]]
3642 and 3632(b)(3), on July 21, 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
37 to Competitive Product List. Documents are available at www.prc.gov,
Docket Nos. MC2023-192, CP2023-196.
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023-15867 Filed 7-26-23; 8:45 am]
BILLING CODE 7710-12-P
