Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices 42175 

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). 

5The term ‘‘Member’’ is defined as ‘‘any 

registered broker or dealer that has been admitted 

to membership in the Exchange.’’ See Exchange 

Rule 1.5(n). 

6The Exchange initially filed the proposed fee 

changes on August 1, 2018 (SR–CboeEDGX–2018– 

026) for August 1, 2018 effectiveness. On business 

date August 8, 2018, the Exchange withdrew that 

filing and submitted this filing. 

7 ‘‘Non-Customer’’ applies to any transaction that 

is not a Customer order. See EDGX Options 

Exchange Fee Schedule. 

8See e.g., Nasdaq PHLX LLC Pricing Schedule, 

Section II, Multiply Listed Options Fees. See also 

Continued 

the interests of the general public in this 

proceeding (Public Representative). 

3. Comments are due no later than 

August 21, 2018. 

4. The Secretary shall arrange for 

publication of this order in the Federal 

Register. 

By the Commission. 

Stacy L. Ruble, 

Secretary. 

[FR Doc. 2018–17810 Filed 8–17–18; 8:45 am] 

BILLING CODE 7710–FW–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: August 

20, 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 August 14, 

2018, it filed with the Postal Regulatory 

Commission a USPS Request to Add 

Priority Mail Contract 462 to 

Competitive Product List. Documents 

are available at www.prc.gov, Docket 

Nos. MC2018–206, CP2018–288. 

Elizabeth Reed, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2018–17814 Filed 8–17–18; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83846; File No. SR– 

CboeEDGX–2018–032] 

Self-Regulatory Organizations; Cboe 

EDGX Exchange, Inc.; Notice of Filing 

and Immediate Effectiveness of a 

Proposed Rule Change Related to Fees 

for Use on the Exchange’s Equity 

Options Platform 

August 14, 2018. 

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 August 8, 

2018, Cboe EDGX Exchange, Inc. (the 

‘‘Exchange’’ or ‘‘EDGX’’) 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 has 

designated the proposed rule change as 

one establishing or changing a member 

due, fee, or other charge imposed by the 

Exchange under Section 19(b)(3)(A)(ii) 

of the Act 3 and Rule 19b–4(f)(2) 

thereunder,4 which renders the 

proposed rule change effective upon 

filing with the Commission. 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 filed a proposal to 

amend the fee schedule applicable to 

Members 5 and non-Members of the 

Exchange pursuant to EDGX Rules 

15.1(a) and (c). 

The text of the proposed rule change 

is available at the Exchange’s website at 

www.markets.cboe.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 parts 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 for its equity options 

platform (‘‘EDGX Options’’) to (i) reduce 

the standard rebates for Complex 

Orders, Customer (contra NonCustomer) in Penny Pilot (‘‘Penny’’) and 

Non-Penny Pilot (‘‘Non-Penny’’) 

Securities; (ii) increase the standard 

rates for Market-Maker orders that 

remove liquidity in Penny and NonPenny Securities; (iii) increase the 

standard rate for BAM Contra orders; 

(iv) amend the Customer Volume Tiers; 

(v) amend the Complex Customer Penny 

Tiers; (vi) amend the Complex Customer 

Non-Penny Tiers; and (vii) and 

eliminate the Complex Market-Maker 

Penny and Non-Penny Tiers.6

Complex Order, Customer (Contra NonCustomer) Penny and Non-Penny 

Rebates 

Currently, the Exchange applies fee 

code ZA to Customer complex orders 

that are executed on the complex order 

book (‘‘COB’’) with a non-Customer 7 as 

the contra-party in Penny Securities and 

provides such orders a rebate of $0.47 

per contract. The Exchange also 

currently applies fee code ZB to 

Customer complex orders that are 

executed on the COB with a nonCustomer as the contra-party in NonPenny Securities and provides such 

orders a rebate of $0.97 per contract. 

The Exchange proposes to reduce the 

rebates for these orders. Particularly, the 

Exchange proposes to reduce the rebate 

for Customer complex orders with a 

non-Customer as the contra party in 

Penny Securities from $0.47 per 

contract to $0.45 per contract. The 

Exchange proposes to reduce the rebate 

for Customer complex orders with a 

non-Customer as the contra party in 

Non-Penny Securities from $0.97 per 

contract to $0.80 per contract. 

Market Maker Remove Rate, Penny and 

Non-Penny 

By way of background, fee codes PT 

and NT are currently appended to all 

Market Maker orders in Penny 

Securities and Non-Penny Securities, 

respectively, that remove liquidity, and 

result in a standard fee of $0.19 per 

contract. The Exchange proposes to 

increase the standard fee of $0.19 per 

contract for Market Maker orders in 

Penny and Non-Penny Securities that 

remove liquidity to $0.23 per contract. 

The Exchange notes that this increase is 

in line with the amounts assessed by 

other exchanges for similar 

transactions.8


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