53540 Federal Register / Vol. 82, No. 220 / Thursday, November 16, 2017 / Notices 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 81681 

(September 22, 2017), 82 FR 45342. 

4 15 U.S.C. 78s(b)(2). 

5 Id. 

6 17 CFR 200.30–3(a)(31). 

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 term ‘‘System’’ is defined as ‘‘the electronic 

communications and trading facility designated by 

the Board through which securities orders of Users 

are consolidated for ranking, execution and, when 

applicable, routing away.’’ See Exchange Rule 

1.5(aa). 

7The Exchange also proposes two minor 

technical amendments to this section of its fee 

schedule. First is to change the word ‘‘Connection’’ 

to ‘‘Connectivity’’ in the section’s title. The second 

is to change references to ‘‘G’’ for gigabyte to ‘‘Gb’’. 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–82044; File No. SR– 

NYSEArca–2017–107] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Designation of a 

Longer Period for Commission Action 

on a Proposed Rule Change To List 

and Trade Shares of the Breakwave 

Dry Bulk Shipping ETF Under NYSE 

Arca Rule 8.200–E, Commentary .02 

November 9, 2017. 

On September 8, 2017, NYSE Arca, 

Inc. (‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 a proposed rule change to 

list and trade shares of the Breakwave 

Dry Bulk Shipping ETF under NYSE 

Arca Rule 8.200–E, Commentary .02. 

The proposed rule change was 

published for comment in the Federal 

Register on September 28, 2017.3 The 

Commission has received no comments 

on the proposal. 

Section 19(b)(2) of the Act 4 provides 

that, within 45 days of the publication 

of notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding, or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is November 12, 

2017. The Commission is extending this 

45-day time period. 

The Commission finds that it is 

appropriate to designate a longer period 

within which to take action on the 

proposed rule change so that it has 

sufficient time to consider the proposed 

rule change. Accordingly, the 

Commission, pursuant to Section 

19(b)(2) of the Act,5 designates 

December 27, 2017, as the date by 

which the Commission shall either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–NYSEArca–2017–107). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–24778 Filed 11–15–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–82051; File No. SR– 

BatsBYX–2017–28] 

Self-Regulatory Organizations; Cboe 

BYX Exchange, Inc.; Notice of Filing 

and Immediate Effectiveness of 

Proposed Rule Change To Modify Its 

Fees for Physical Ports 

November 9, 2017. 

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 November 

2, 2017, Cboe BYX Exchange, Inc. 

(‘‘BYX’’ or the ‘‘Exchange’’) (formerly 

known as Bats BYX Exchange, Inc.) 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 BYX Rules 15.1(a) 

and (c). 

The text of the proposed rule change 

is available at the Exchange’s Web site 

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 the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

A physical port is utilized by a 

Member or non-Member to connect to 

the Exchange at the data centers where 

the Exchange’s servers are located. The 

Exchange currently maintains a 

presence in two third-party data centers: 

(i) The primary data center where the 

Exchange’s business is primarily 

conducted on a daily basis, and (ii) a 

secondary data center, which is 

predominantly maintained for business 

continuity purposes. The Exchange 

currently assesses the following 

physical connectivity fees for Members 

and non-Members on a monthly basis: 

$2,000 per physical port that connects 

to the System 6 via 1 gigabyte circuit; 

and $6,000 per physical port that 

connects to the System via 10 gigabyte 

circuit. The Exchange proposes to 

increase the fee per physical port that 

connects to the System via a 10 gigabyte 

circuit from $6,000 per month to $7,000 

per month in order to cover its 

increased infrastructure costs associated 

with establishing physical ports to 

connect to the Exchange’s Systems and 

enable it to continue to maintain and 

improve its market technology and 

services.7 The Exchange does not 

propose to amend the fee for a 1 

gigabyte circuit, which will remain 

$2,000 per month. The Exchange 


asabaliauskas on DSKBBXCHB2PROD with NOTICES