82 FR 51885 - Product Change-Priority Mail Express, Priority Mail, & First-Class Package Service Negotiated Service Agreement

POSTAL SERVICE

Federal Register Volume 82, Issue 215 (November 8, 2017)

Page Range		51885-51885
FR Document		2017-24342

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.

Federal Register, Volume 82 Issue 215 (Wednesday, November 8, 2017)

[Federal Register Volume 82, Number 215 (Wednesday, November 8, 2017)]
[Notices]
[Page 51885]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-24342]



[[Page 51885]]

-----------------------------------------------------------------------

POSTAL SERVICE


Product Change--Priority Mail Express, Priority Mail, & First-
Class Package Service Negotiated Service Agreement

AGENCY: Postal Service^TM.

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 notice required under 39 U.S.C. 3642(d)(1): November 8, 
2017.

FOR FURTHER INFORMATION CONTACT: Elizabeth A. Reed, 202-268-3179.

SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on 
November 3, 2017, it filed with the Postal Regulatory Commission a USPS 
Request to Add Priority Mail Express, Priority Mail, & First-Class 
Package Service Contract 25 to Competitive Product List. Documents are 
available at www.prc.gov, Docket Nos. MC2018-20, CP2018-42.

Elizabeth A. Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2017-24342 Filed 11-7-17; 8:45 am]
 BILLING CODE 7710-12-P

Federal Register / Vol. 82, No. 215 / Wednesday, November 8, 2017 / Notices 51885

POSTAL SERVICE solicit comments on the proposed rule other NOM Participants and/or use such
change from interested persons. functionalities themselves.3
Product Change—Priority Mail
Express, Priority Mail, & First-Class I. Self-Regulatory Organization’s Background on MARS
Package Service Negotiated Service Statement of the Terms of Substance of Today, to qualify for MARS, a NOM
Agreement the Proposed Rule Change Participant’s routing system (hereinafter
‘‘System’’) is required to meet certain
AGENCY: Postal ServiceTM. The Exchange proposes to amend the criteria.4
ACTION: Notice. Exchange’s pricing at Chapter XV, MARS Payments are made to NOM
Section 2 entitled ‘‘Nasdaq Options Participants that have System Eligibility
SUMMARY: The Postal Service gives Market—Fees and Rebates,’’ which and have routed the requisite number of
notice of filing a request with the Postal governs pricing for Nasdaq Participants Eligible Contracts daily in a month
Regulatory Commission to add a using The Nasdaq Options Market LLC (‘‘Average Daily Volume’’), which were
domestic shipping services contract to (‘‘NOM’’), Nasdaq’s facility for executed on NOM.5 Today, NOM
the list of Negotiated Service executing and routing standardized Participants that have System Eligibility
Agreements in the Mail Classification equity and index options. The Exchange and have executed the requisite number
Schedule’s Competitive Products List. proposes to amend an incentive offered of Eligible Contracts in a month will be
DATES: Date of notice required under 39 today related to its subsidy program, the paid the following rebates: 6
U.S.C. 3642(d)(1): November 8, 2017. Market Access and Routing Subsidy or
FOR FURTHER INFORMATION CONTACT: ‘‘MARS.’’ 3 Generally, under MARS, the Exchange pays

participating NOM Participants to subsidize their
Elizabeth A. Reed, 202–268–3179. While changes to the Pricing costs of providing routing services to route orders
SUPPLEMENTARY INFORMATION: The Schedule pursuant to this proposal are to NOM. The Exchange believes that the proposed
United States Postal Service® hereby effective upon filing, the Exchange has amendment to MARS will continue to attract higher
volumes of electronic equity and ETF options
gives notice that, pursuant to 39 U.S.C. designated these changes to be operative volume to the Exchange from non-NOM
3642 and 3632(b)(3), on November 3, on November 1, 2017. Participants as well as NOM Participants. The order
2017, it filed with the Postal Regulatory routing functionalities permit NOM Participants to
The text of the proposed rule change provide access and connectivity to other
Commission a USPS Request to Add is available on the Exchange’s Web site Participants as well as utilize such access for
Priority Mail Express, Priority Mail, & at http://nasdaq.cchwallstreet.com/, at themselves. The Exchange notes that one NOM
First-Class Package Service Contract 25 the principal office of the Exchange, and Participant is eligible for payments under MARS,
to Competitive Product List. Documents while another NOM Participant might potentially
at the Commission’s Public Reference be liable for transaction charges associated with the
are available at www.prc.gov, Docket Room. execution of the order, because those orders were
Nos. MC2018–20, CP2018–42. delivered to the Exchange through a NOM
II. Self-Regulatory Organization’s Participant’s connection to the Exchange and that
Elizabeth A. Reed, Participant qualified for the MARS Payment.
Statement of the Purpose of, and
Attorney, Corporate and Postal Business Law. 4 Specifically the Participant’s System is required
Statutory Basis for, the Proposed Rule to: (1) Enable the electronic routing of orders to all
[FR Doc. 2017–24342 Filed 11–7–17; 8:45 am] Change of the U.S. options exchanges, including NOM; (2)
BILLING CODE 7710–12–P provide current consolidated market data from the
In its filing with the Commission, the U.S. options exchanges; and (3) be capable of
Exchange included statements interfacing with NOM’s API to access current NOM
match engine functionality. The NOM Participant’s
concerning the purpose of and basis for System would also need to cause NOM to be one
SECURITIES AND EXCHANGE the proposed rule change and discussed of the top three default destination exchanges for
COMMISSION any comments it received on the (a) individually executed marketable orders if NOM
proposed rule change. The text of these is at the national best bid or offer (‘‘NBBO’’),
regardless of size or time, (b) orders that establish
[Release No. 34–81997; File No. SR– statements may be examined at the a new NBBO on NOM’s Order Book, but allow any
NASDAQ–2017–116] places specified in Item IV below. The user to manually override NOM as the default
Exchange has prepared summaries, set destination on an order-by-order basis. Any NOM
Self-Regulatory Organizations; The forth in sections A, B, and C below, of
Participant is permitted to avail itself of this
Nasdaq Stock Market LLC; Notice of arrangement, provided that its order routing
the most significant aspects of such functionality incorporates the features described
Filing and Immediate Effectiveness of
statements. herein and the Participant satisfies NOM that it
Proposed Rule Change Relating to an appears to be robust and reliable. Participants
Incentive to the Market Access and A. Self-Regulatory Organization’s remain solely responsible for implementing and
Routing Subsidy Program Statement of the Purpose of, and operating its System.
5 For the purpose of qualifying for the MARS
Statutory Basis for, the Proposed Rule Payment, Eligible Contracts may include Firm, Non-
November 2, 2017.
Change NOM Market Maker, Broker-Dealer, or Joint Back
Pursuant to Section 19(b)(1) of the Office or ‘‘JBO’’ equity option orders that add
Securities Exchange Act of 1934 1. Purpose liquidity and are electronically delivered and
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 executed. Eligible Contracts do not include Mini
notice is hereby given that on October NOM proposes to amend the Option orders.
31, 2017, The Nasdaq Stock Market LLC Exchange’s pricing at Chapter XV, 6 The specified MARS Payments are paid on all

Section 2 entitled ‘‘Nasdaq Options executed Eligible Contracts that add liquidity,
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the which are routed to NOM through a participating
Securities and Exchange Commission Market—Fees and Rebates.’’ NOM Participant’s System and meet the requisite
(‘‘Commission’’) the proposed rule Specifically, the Exchange proposes to Eligible Contracts ADV. No payments are made
ethrower on DSK3G9T082PROD with NOTICES

change as described in Items I, II, and amend an incentive in note ‘‘d’’ offered with respect to orders that are routed to NOM, but
to NOM Participants that qualify for any not executed. Also, a Participant is not entitled to
III, below, which Items have been receive any other revenue from the Exchange for the
prepared by the Exchange. The MARS Payment Tier in Chapter XV, use of its System specifically with respect to orders
Commission is publishing this notice to Section 2(6) related to the MARS routed to NOM. Specifically, the specified MARS
subsidy program. MARS pays a subsidy Payments are paid on all executed Eligible
Contracts that add liquidity, which are routed to
1 15 U.S.C. 78s(b)(1). to NOM Participants that provide NOM through a participating NOM Participant’s
2 17 CFR 240.19b–4. certain order routing functionalities to Continued

VerDate Sep<11>2014 17:26 Nov 07, 2017 Jkt 244001 PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 E:\FR\FM\08NON1.SGM 08NON1

Document Created: 2017-11-08 01:20:14
Document Modified: 2017-11-08 01:20:14

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Date of notice required under 39 U.S.C. 3642(d)(1): November 8, 2017.
Contact		Elizabeth A. Reed, 202-268-3179.
FR Citation		82 FR 51885