Federal Register / Vol. 83, No. 247 / Thursday, December 27, 2018 / Notices 66775 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 ‘‘Market Makers’’ refers to ‘‘Competitive Market 

Makers’’ and ‘‘Primary Market Makers’’ collectively. 

See Rule 100(a)(33). 

4BX Options Market Makers (including Lead 

Market Makers) can execute no more than 25% of 

their total volume outside of their registered options 

classes. See BX Options Rules, Chapter VII, Section 

6(e). In addition, CBOE Rule 8.7, Interpretations 

and Policies .03 provides that 75% of a MarketMaker’s total contract volume must be in classes to 

which the Market-Maker is appointed. Accordingly, 

only 25% of a CBOE Market-Maker’s contract 

volume can be in non-appointed classes. CBOE 

Rule 8.7 applies equally to Lead Market-Makers and 

Designated Primary Market-Makers in the same 

Continued 

subject to contract controls and 

unannounced on-site audits and 

inspections. 

Computers are protected by 

mechanical locks, card key systems, or 

other physical access control methods. 

The use of computer systems is 

regulated with installed security 

software, computer logon 

identifications, and operating system 

controls including access controls, 

terminal and transaction logging, and 

file management software. Online data 

transmissions are protected by 

encryption. Access is controlled by 

logon ID and password. Online data 

transmissions are protected by 

encryption. 

RECORD ACCESS PROCEDURES: 

Requests for access must be made in 

accordance with the Notification 

Procedure above and USPS Privacy Act 

regulations regarding access to records 

and verification of identity under 39 

CFR 266.6. 

CONTESTING RECORD PROCEDURES: 

See NOTIFICATION PROCEDURES 

and RECORD ACCESS PROCEDURES. 

NOTIFICATION PROCEDURES: 

Customers who want to know if 

information about them is maintained in 

this system of records must address 

inquiries in writing to the system 

manager. Inquiries must contain name, 

address, email, and other identifying 

information. 

EXEMPTIONS PROMULGATED FOR THE SYSTEM: 

None. 

HISTORY: 

August 25, 2016, 81 FR 58542. 

Ruth Stevenson, 

Attorney, Federal Compliance. 

[FR Doc. 2018–27965 Filed 12–26–18; 8:45 am] 

BILLING CODE P 

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: 

December 27, 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 December 19, 

2018, it filed with the Postal Regulatory 

Commission a USPS Request to Add 

Priority Mail Contract 499 to 

Competitive Product List. Documents 

are available at www.prc.gov, Docket 

Nos. MC2019–56, CP2019–60. 

Elizabeth Reed, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2018–27937 Filed 12–26–18; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–84860; File No. SR–GEMX– 

2018–42] 

Self-Regulatory Organizations; Nasdaq 

GEMX, LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Relating to Market 

Makers Trading in Non-Appointed 

Options Classes 

December 19, 2018. 

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 December 

12, 2018, Nasdaq GEMX, LLC (‘‘GEMX’’ 

or ‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I and II 

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 805(b) relating to Market Makers 3

trading in non-appointed options 

classes. 

The text of the proposed rule change 

is available on the Exchange’s website at 

http://nasdaqgemx.cchwallstreet.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 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 purpose of this rule change is to 

amend Rule 805(b) relating to Market 

Makers trading in non-appointed 

options classes. 

Rule 805(b) presently governs the 

submission of orders by Market Makers 

in non-appointed options classes. 

Subparagraphs (b)(2) and (b)(3) place 

limitations on the overall percentage of 

executions that can occur in the nonappointed options classes. Specifically, 

subparagraph (b)(2) limits a Competitive 

Market Maker’s (‘‘CMM’’) total number 

of contracts executed in non-appointed 

options classes to 25% of the CMM’s 

total number of contracts executed in its 

appointed options classes and with 

respect to which it was quoting 

pursuant to Rule 804(e)(1), and 

subparagraph (b)(3) limits a Primary 

Market Maker’s (‘‘PMM’’) total number 

of contracts executed in non-appointed 

options classes to 10% of the PMM’s 

total number of contracts executed in its 

appointed classes. 

The Exchange now proposes in 

subparagraph (b)(3) to increase the 

overall percentage of executions that 

can occur in a PMM’s non-appointed 

options classes from 10% to 25% to 

align with the CMM allowance as well 

as other options exchanges, including 

its affiliated options market, BX 

Options.4 The Exchange adopted the 


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