75338 Federal Register / Vol. 88, No. 211 / Thursday, November 2, 2023 / Notices 

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

2 17 CFR 240.19b–4. 

3The term ‘‘Equity Member’’ is a Member 

authorized by the Exchange to transact business on 

MIAX Pearl Equities. See Exchange Rule 1901. 

4The term ‘‘Regular Trading Hours’’ means the 

time between 9:30 a.m. and 4:00 p.m. Eastern Time. 

See Exchange Rule 1901. 

5Further, a Limit Order in a security that is 

subject to a trading halt becomes first eligible to 

trade when the halt is lifted and continuous trading 

has resumed. See Exchange Rule 2614(a)(1)(ix)(C). 

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: 

November 2, 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 October 26, 

2023, it filed with the Postal Regulatory 

Commission a USPS Request to Add 

Priority Mail Express, Priority Mail & 

USPS Ground Advantage® Contract 11 

to Competitive Product List. Documents 

are available at www.prc.gov, Docket 

Nos. MC2024–27, CP2024–27. 

Sean C. Robinson, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2023–24149 Filed 11–1–23; 8:45 am] 

BILLING CODE 7710–12–P 

POSTAL SERVICE 

Product Change—Priority Mail, USPS 

Ground Advantage® & 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: 

November 2, 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 October 25, 

2023, it filed with the Postal Regulatory 

Commission a USPS Request to Add 

Priority Mail, USPS Ground Advantage®

& Parcel Select Contract 1 to 

Competitive Product List. Documents 

are available at www.prc.gov, Docket 

Nos. MC2024–25, CP2024–25. 

Sean Robinson, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2023–24148 Filed 11–1–23; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98825; File No. SR– 

PEARL–2023–58] 

Self-Regulatory Organizations; MIAX 

PEARL, LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend Exchange 

Rules 2614(a)(1)(ix) and 2618(b)(1) To 

Amend Certain Risk Controls When 

Trading Equity Securities on MIAX 

Pearl Equities 

Pursuant to the provisions of 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 October 19, 2023, MIAX PEARL, LLC 

(‘‘MIAX Pearl’’ or ‘‘Exchange’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) a 

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 its 

existing risk controls for Equity 

Members 3 when trading equity 

securities on the Exchange’s equity 

trading platform (referred to herein as 

‘‘MIAX Pearl Equities’’). 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-equities/pearl-equities/rule-filings, at 

MIAX Pearl’s principal office, 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 the proposed rule 

change is to amend certain existing risk 

controls when trading equity securities 

on MIAX Pearl Equities. To help Equity 

Members manage their risk, the 

Exchange currently offers Limit Order 

Price Protection and other risk controls 

that authorize the Exchange to take 

automated action if a designated limit 

for an Equity Member is breached. Such 

risk controls provide Equity Members 

with enhanced abilities to manage their 

risk when trading on the Exchange. The 

Exchange now proposes to amend Limit 

Order Price Protection under Exchange 

Rule 2614(a)(1)(ix) and Trading Collar 

under Exchange Rule 2618(b)(1) to 

enhance certain existing risk controls 

available to Equity Members. Each of 

these changes are described below. 

Limit Order Price Protection Reference 

Price 

Limit Order Price Protection is set 

forth under Exchange Rule 

2614(a)(1)(ix) and provides for the 

cancellation of Limit Orders priced too 

far away from a specified reference price 

at the time the order first becomes 

eligible to trade. A Limit Order entered 

before Regular Trading Hours 4 that 

becomes eligible to trade during Regular 

Trading Hours will be subject to Limit 

Order Price Protection at the time 

Regular Trading Hours begins.5

Exchange Rule 2614(a)(1)(ix)(A) 

provides that a Limit Order to buy (sell) 

will be rejected if it is priced at or above 

(below) the greater of a specified dollar 

value and percentage away from the 

following: (1) the PBO for Limit Orders 

to buy, the PBB for Limit Orders to sell; 

(2) if the PBO or PBB is unavailable, the 

consolidated last sale price 

disseminated during the Regular 

Trading Hours on trade date; (3) if the 

PBO, PBB, and a consolidated last sale 

price are unavailable, the prior day’s 

Official Closing Price identified as such 

by the primary listing exchange, 

adjusted to account for events such as 

corporate actions and news events. 

Exchange Rule 2614(a)(1)(ix)(C) 

provides that Limit Order Price 

Protection will not be applied if the 

prices listed above are unavailable or if 


khammond on DSKJM1Z7X2PROD with NOTICES