83 FR 50422 - Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule on the BOX Options Market LLC Facility To Revise Certain Qualification Thresholds and Fees in Sections I.B.1, Primary Improvement Order, and I.B.2, BOX Volume Rebate
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 83, Issue 194 (October 5, 2018)
Federal Register Volume 83, Issue 194 (October 5, 2018)
| Page Range | 50422-50425 | |
| FR Document | 2018-21683 |
[Federal Register Volume 83, Number 194 (Friday, October 5, 2018)] [Notices] [Pages 50422-50425] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-21683] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-84323; File No. SR-BOX-2018-33] Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule on the BOX Options Market LLC Facility To Revise Certain Qualification Thresholds and Fees in Sections I.B.1, Primary Improvement Order, and I.B.2, BOX Volume Rebate October 1, 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 September 20, 2018, BOX Exchange LLC (the ``Exchange'') 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 filed the proposed rule change pursuant to Section 19(b)(3)(A)(ii) of the Act,\3\ and Rule 19b-4(f)(2) thereunder,\4\ which renders the proposal effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \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). --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of the Substance of the Proposed Rule Change The Exchange is filing with the Securities and Exchange Commission (``Commission'') a proposed rule change to amend the Fee Schedule on the BOX Market LLC (``BOX'') options facility. Changes to the fee schedule pursuant to this proposal will be effective upon filing. The text of the proposed rule change is available from the principal office of the Exchange, at the Commission's Public Reference Room and also on the Exchange's internet website at http://boxexchange.com. 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 [[Page 50423]] 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 Exchange proposes to amend the Fee Schedule on BOX. Specifically, the Exchange proposes to revise certain qualification thresholds and fees in Sections I.B.1 of the BOX Fee Schedule, Primary Improvement Order and I.B.2 of the BOX Fee Schedule, the BOX Volume Rebate (``BVR''). Primary Improvement Order Under the tiered fee schedule for Primary Improvement Orders, the Exchange assesses a per contract execution fee to all Primary Improvement Order executions where the corresponding PIP or COPIP Order is from the account of a Public Customer. Percentage thresholds are calculated on a monthly basis by totaling the Initiating Participant's Primary Improvement Order volume submitted to BOX, relative to the total national Customer volume in multiply-listed options classes. The current tiered fee schedule for Primary Improvement Orders is as follows: ------------------------------------------------------------------------ Percentage thresholds of national customer Per contract Tier volume in multiply- fee (all listed options classes account (monthly) types) ------------------------------------------------------------------------ 1.............................. 0.000%-0.079%.......... $0.25 2.............................. 0.080%-0.159%.......... 0.20 3.............................. 0.160%-0.499%.......... 0.12 4.............................. 0.500% and Above....... 0.02 ------------------------------------------------------------------------ The Exchange proposes to adjust the percentage thresholds in Tiers 1 through 4. Additionally, the Exchange proposes to decrease the fees associated with Tiers 2 and 3 from $0.20 to $0.12 and $0.12 to $0.07, respectively. The new tiered fee schedule for Primary Improvement Orders will be as follows: ------------------------------------------------------------------------ Percentage thresholds of national customer Per contract Tier volume in multiply- fee (all listed options classes account (monthly) types) ------------------------------------------------------------------------ 1.............................. 0.000%-0.049%.......... $0.25 2.............................. 0.050%-0.129%.......... 0.12 3.............................. 0.130%-0.449%.......... 0.07 4.............................. 0.450% and Above....... 0.02 ------------------------------------------------------------------------ BVR Next, the Exchange proposes to adjust certain percentage thresholds and fees within the BVR. Under the BVR, the Exchange offers a tiered per contract rebate for all Public Customer PIP Orders and COPIP Orders of 250 and under contracts that do not trade solely with their contra order. Percentage thresholds are calculated on a monthly basis by totaling the Participant's PIP and COPIP volume submitted to BOX, relative to the total national Customer volume in multiply-listed options classes. The current fee schedule for all Public Customer PIP and COPIP Order of 250 and under contracts that do not trade solely with their contra order is as follows: ---------------------------------------------------------------------------------------------------------------- Per contract rebate (all Percentage thresholds of national account types) Tier customer volume in multiply-listed ------------------------------- options classes (monthly) PIP COPIP ---------------------------------------------------------------------------------------------------------------- 1.......................................... 0.000% to 0.159%................... ($0.00) ($0.00) 2.......................................... 0.160% to 0.339%................... (0.02) (0.02) 3.......................................... 0.340% to 0.499%................... (0.04) (0.04) 4.......................................... 0.500% and Above................... (0.11) (0.08) ---------------------------------------------------------------------------------------------------------------- The Exchange proposes to adjust the percentage thresholds in Tiers 1 through 4. Additionally, the Exchange proposes to increase the per contract rebates in Tier 2, Tier 3 and Tier 4. Specifically, the Exchange proposes to increase the per contract rebate for Tier 2 to $0.05 from $0.02 for PIP and COPIP Orders. Further, the Exchange proposes to increase the rebates in Tier 3 to $0.08 from $0.04 for PIP and COPIP Orders. Lastly, the Exchange is proposing to increase the per contract rebate for COPIP Orders in Tier 4 to $0.11 from $0.08. The new fee schedule for all Public Customer PIP and COPIP Orders of 250 and under contracts that do not trade solely with their contra order will be as follows: [[Page 50424]] ---------------------------------------------------------------------------------------------------------------- Per contract rebate (all Percentage thresholds of national account types) Tier customer volume in multiply-listed ------------------------------- options classes (monthly) PIP COPIP ---------------------------------------------------------------------------------------------------------------- 1.......................................... 0.000% to 0.049%................... ($0.00) ($0.00) 2.......................................... 0.050% to 0.299%................... (0.05) (0.05) 3.......................................... 0.300% to 0.449%................... (0.08) (0.08) 4.......................................... 0.450% and Above................... (0.11) (0.11) ---------------------------------------------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes that the proposal is consistent with the requirements of Section 6(b) of the Act, in general, and Section 6(b)(4) and 6(b)(5) of the Act,\5\ in particular, in that it provides for the equitable allocation of reasonable dues, fees, and other charges among BOX Participants and other persons using its facilities and does not unfairly discriminate between customers, issuers, brokers or dealers. --------------------------------------------------------------------------- \5\ 15 U.S.C. 78f(b)(4) and (5). --------------------------------------------------------------------------- BOX believes it is reasonable, equitable and not unfairly discriminatory to adjust the volume based thresholds and fees within the BOX Fee Schedule. The volume thresholds with their tiered fees and rebates are meant to incentivize Participants to direct order flow to the Exchange to obtain the benefit of the lower fee or higher rebate, which in turn benefits all market participants by increasing liquidity on the Exchange. The Exchange believes the proposed amendments to the Primary Improvement Order volume based thresholds are reasonable, equitable and not unfairly discriminatory. The proposed changes to the thresholds in Tiers 1 through 4 are equitable and not unfairly discriminatory as they are available to all BOX Participants that initiate Auction Transactions on the behalf of Public Customers, and Participants may choose whether or not to take advantage of the percentage thresholds and their applicable discounted fees. Further, the Exchange believes that the proposed changes to the thresholds in Tiers 1 through 4 are reasonable and competitive as they are intended to allow more Participants to qualify for the higher tiers, which the Exchange believes will incentivize Participants to direct order flow to the Exchange, in turn benefiting all market participants on the Exchange. The Exchange believes that the proposed amendments to the fees associated with Tiers 2 and 3 \6\ are reasonable and appropriate, as this Tiered Fee Schedule is in place to provide incentives to BOX Participants to submit their Public Customer Orders into the PIP for potential price improvement. These reduced fees combined with the lower threshold levels are meant to incentivize more Participants to submit Price Improvement Orders to the Exchange, which the Exchange believes will further incentivize Participants to direct order flow to the Exchange, in turn benefiting all market participants on the Exchange. The Exchange believes that the proposed thresholds and fees remain competitive when compared to the auction transaction fees on other exchanges.\7\ --------------------------------------------------------------------------- \6\ The Exchange notes that the fees in Tiers 1 and 4 are not being changed. \7\ Comparative fees at other exchanges range from $0.02 to $0.20. See Section IV of the Phlx Pricing Schedule entitled ``PIXL Pricing''; Nasdaq ISE LLC (``ISE'') Schedule of Fees, Section I. Regular Order Fees and Rebates ``Select Symbols.'' --------------------------------------------------------------------------- The Exchange also believes the proposed amendments to the BVR in Section I.B.2 of the BOX Fee Schedule are reasonable, equitable and not unfairly discriminatory. The BVR was adopted to attract Public Customer order flow to the Exchange by offering these Participants incentives to submit their Public Customer PIP and COPIP Orders to the Exchange and the Exchange believes it is appropriate to now amend the BVR. The Exchange believes it is equitable and not unfairly discriminatory to amend the BVR, as all Participants have the ability to qualify for a rebate, and rebates are provided equally to qualifying Participants. Other exchanges employ similar incentive programs; \8\ and the Exchange believes that the proposed changes to the volume thresholds and fees are reasonable and competitive when compared to incentive structures at other exchanges. Finally, the Exchange believes it is reasonable and appropriate to continue to provide incentives for Public Customers, which will result in greater liquidity and ultimately benefit all Participants trading on the Exchange. --------------------------------------------------------------------------- \8\ See Section B of the Nasdaq Phlx LLC Pricing Schedule entitled ``Customer Rebate Program'' and Cboe Exchange Inc. (``Cboe'') Volume Incentive Program (VIP). --------------------------------------------------------------------------- B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act. The Exchange is simply proposing to amend certain percentage thresholds and fees for Auction Transaction fees and rebates in the BOX Fee Schedule. The Exchange believes that the volume based rebates and fees increase intermarket and intramarket competition by incenting Participants to direct their order flow to the exchange, which benefits all participants by providing more trading opportunities and improves competition on the Exchange. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were either solicited or received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)(ii) of the Exchange Act \9\ and Rule 19b-4(f)(2) thereunder,\10\ because it establishes or changes a due, or fee. --------------------------------------------------------------------------- \9\ 15 U.S.C. 78s(b)(3)(A)(ii). \10\ 17 CFR 240.19b-4(f)(2). --------------------------------------------------------------------------- At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend the rule change if it appears to the Commission that the action is necessary or appropriate in the public interest, for the protection of investors, or would otherwise further the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. [[Page 50425]] Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-BOX-2018-33 on the subject line. Paper Comments Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090. All submissions should refer to File Number SR-BOX-2018-33. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's internet website (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission's Public Reference Room, 100 F Street NE, Washington, DC 20549 on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of such filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-BOX-2018-33, and should be submitted on or before October 26, 2018. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\11\ --------------------------------------------------------------------------- \11\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018-21683 Filed 10-4-18; 8:45 am] BILLING CODE 8011-01-P
![50422 Federal Register / Vol. 83, No. 194 / Friday, October 5, 2018 / Notices
A proposed rule change filed Paper Comments SECURITIES AND EXCHANGE
pursuant to Rule 19b–4(f)(6) under the COMMISSION
Act 59 normally does not become • Send paper comments in triplicate
to Secretary, Securities and Exchange [Release No. 34–84323; File No. SR–BOX–
operative for 30 days after the date of its 2018–33]
filing. However, Rule 19b–4(f)(6)(iii) 60 Commission, 100 F Street NE,
permits the Commission to designate a Washington, DC 20549–1090. Self-Regulatory Organizations; BOX
shorter time if such action is consistent All submissions should refer to File Exchange LLC; Notice of Filing and
with the protection of investors and the Number SR–CboeEDGX–2018–041. This Immediate Effectiveness of a Proposed
public interest. The Exchange has file number should be included on the Rule Change To Amend the Fee
requested that the Commission waive Schedule on the BOX Options Market
subject line if email is used. To help the
the 30-day operative delay so that the LLC Facility To Revise Certain
Commission process and review your
proposed rule change may become Qualification Thresholds and Fees in
operative upon filing, noting that use of comments more efficiently, please use
only one method. The Commission will Sections I.B.1, Primary Improvement
MDOs on the Exchange is optional, Order, and I.B.2, BOX Volume Rebate
similar functionality is already offered post all comments on the Commission’s
by other market centers, and operative internet website (http://www.sec.gov/ October 1, 2018.
delay waiver would allow the Exchange rules/sro.shtml). Copies of the Pursuant to Section 19(b)(1) of the
to make the proposed functionality submission, all subsequent Securities Exchange Act of 1934
available to Exchange Users more amendments, all written statements (‘‘Act’’),1 and Rule 19b–4 thereunder,2
promptly. The Commission believes that with respect to the proposed rule notice is hereby given that on
waiver of the 30-day operative delay is change that are filed with the September 20, 2018, BOX Exchange LLC
consistent with the protection of Commission, and all written (the ‘‘Exchange’’) filed with the
investors and the public interest. communications relating to the Securities and Exchange Commission
Accordingly, the Commission hereby proposed rule change between the (‘‘Commission’’) the proposed rule
waives the operative delay and Commission and any person, other than change as described in Items I, II, and
designates the proposed rule change those that may be withheld from the III below, which Items have been
operative upon filing.61 public in accordance with the prepared by the Exchange. The
At any time within 60 days of the provisions of 5 U.S.C. 552, will be Exchange filed the proposed rule change
filing of the proposed rule change, the available for website viewing and pursuant to Section 19(b)(3)(A)(ii) of the
Commission summarily may printing in the Commission’s Public Act,3 and Rule 19b–4(f)(2) thereunder,4
temporarily suspend such rule change if Reference Room, 100 F Street NE, which renders the proposal effective
it appears to the Commission that such upon filing with the Commission. The
Washington, DC 20549 on official
action is necessary or appropriate in the Commission is publishing this notice to
business days between the hours of
public interest, for the protection of solicit comments on the proposed rule
10:00 a.m. and 3:00 p.m. Copies of the
investors, or otherwise in furtherance of change from interested persons.
filing also will be available for
the purposes of the Act. If the I. Self-Regulatory Organization’s
inspection and copying at the principal
Commission takes such action, the Statement of the Terms of the Substance
office of the Exchange. All comments
Commission shall institute proceedings of the Proposed Rule Change
to determine whether the proposed rule received will be posted without change.
change should be approved or Persons submitting comments are The Exchange is filing with the
disapproved. cautioned that we do not redact or edit Securities and Exchange Commission
personal identifying information from (‘‘Commission’’) a proposed rule change
IV. Solicitation of Comments comment submissions. You should to amend the Fee Schedule on the BOX
Interested persons are invited to submit only information that you wish Market LLC (‘‘BOX’’) options facility.
submit written data, views, and to make available publicly. All Changes to the fee schedule pursuant to
arguments concerning the foregoing, submissions should refer to File this proposal will be effective upon
including whether the proposed rule Number SR–CboeEDGX–2018–041, and filing. The text of the proposed rule
change is consistent with the Act. should be submitted on or before change is available from the principal
Comments may be submitted by any of October 26, 2018. office of the Exchange, at the
the following methods: Commission’s Public Reference Room
For the Commission, by the Division of and also on the Exchange’s internet
Electronic Comments Trading and Markets, pursuant to delegated website at http://boxexchange.com.
authority.62
• Use the Commission’s internet II. Self-Regulatory Organization’s
comment form (http://www.sec.gov/ Eduardo A. Aleman,
Statement of the Purpose of, and
rules/sro.shtml); or Assistant Secretary.
Statutory Basis for, the Proposed Rule
• Send an email to rule-comments@ [FR Doc. 2018–21680 Filed 10–4–18; 8:45 am]
Change
sec.gov. Please include File Number SR– BILLING CODE 8011–01–P
CboeEDGX–2018–041 on the subject In its filing with the Commission, the
line. Exchange included statements
concerning the purpose of and basis for
change, at least five business days prior to the date the proposed rule change and discussed
of filing of the proposed rule change, or such any comments it received on the
daltland on DSKBBV9HB2PROD with NOTICES
shorter time as designated by the Commission. proposed rule change. The text of these
59 17 CFR 240.19b–4(f)(6).
60 17 CFR 240.19b–4(f)(6)(iii).
statements may be examined at the
61 For purposes only of waiving the 30-day
1 15 U.S.C. 78s(b)(1).
operative delay, the Commission also has
2 17 CFR 240.19b–4.
considered the proposed rule’s impact on
3 15 U.S.C. 78s(b)(3)(A)(ii).
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f). 62 17 CFR 200.30–3(a)(12). 4 17 CFR 240.19b–4(f)(2).
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![Federal Register / Vol. 83, No. 194 / Friday, October 5, 2018 / Notices 50425
Comments may be submitted by any of SECURITIES AND EXCHANGE A. Self-Regulatory Organization’s
the following methods: COMMISSION Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Electronic Comments Change
[Release No. 34–84328; File No. SR–
• Use the Commission’s internet NASDAQ–2018–077] 1. Purpose
comment form (http://www.sec.gov/
The Exchange is proposing to specify
rules/sro.shtml); or Self-Regulatory Organizations; The
that an Order 3 with a Minimum
• Send an email to rule-comments@ Nasdaq Stock Market LLC; Notice of
Quantity Order Attribute 4 is ineligible
sec.gov. Please include File Number SR– Filing and Immediate Effectiveness of to participate in the Nasdaq Opening,5
BOX–2018–33 on the subject line. Proposed Rule Change to the Minimum Halt 6 or Closing 7 Crosses (collectively,
Quantity Order Attribute the ‘‘Nasdaq Crosses’’) and is not
Paper Comments
October 1, 2018. included in the calculation of the Cross
• Send paper comments in triplicate price. Minimum Quantity is an Order
to Secretary, Securities and Exchange Pursuant to Section 19(b)(1) of the Attribute that allows a Participant to
Commission, 100 F Street NE, Securities Exchange Act of 1934 provide that an Order will not execute
Washington, DC 20549–1090. (‘‘Act’’),1 and Rule 19b–4 thereunder,2 unless a specified minimum quantity of
notice is hereby given that on shares can be obtained. In 2011, the
All submissions should refer to File September 19, 2018, The Nasdaq Stock Exchange amended its rules concerning
Number SR–BOX–2018–33. This file Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) the Minimum Quantity Order Attribute
number should be included on the filed with the Securities and Exchange to remove a restriction from the rule,
subject line if email is used. To help the Commission (‘‘Commission’’) the which only allowed Orders with a
Commission process and review your Minimum Quantity Order Attribute to
proposed rule change as described in
comments more efficiently, please use immediately execute.8 Thus, the
Items I and II below, which Items have
only one method. The Commission will proposed change allowed an Order with
been prepared by the Exchange. The
post all comments on the Commission’s a Minimum Quantity Order Attribute to
internet website (http://www.sec.gov/ Commission is publishing this notice to
solicit comments on the proposed rule post to the Nasdaq Book 9 if it is not able
rules/sro.shtml). Copies of the to execute immediately and, once
submission, all subsequent change from interested persons.
posted to the Nasdaq Book, the Order
amendments, all written statements I. Self-Regulatory Organization’s would execute if an incoming Order that
with respect to the proposed rule Statement of the Terms of Substance of is marketable against it would satisfy its
change that are filed with the the Proposed Rule Change minimum quantity requirement.10 In
Commission, and all written proposing the new Order Attribute, the
communications relating to the The Exchange proposes to specify that Exchange did not address participation
proposed rule change between the an Order with a Minimum Quantity of the Order Attribute in the Nasdaq
Commission and any person, other than Order Attribute is ineligible to Crosses; however, it never intended for
those that may be withheld from the participate in the Nasdaq Opening, Halt Orders with a Minimum Quantity Order
public in accordance with the or Closing Crosses and is not included Attribute to participate in any of the
provisions of 5 U.S.C. 552, will be in the calculation of the Cross price. Nasdaq Crosses. The Minimum Quantity
available for website viewing and Order Attribute allows market
printing in the Commission’s Public The text of the proposed rule change
is available on the Exchange’s website at participants avoid transacting with
Reference Room, 100 F Street NE, smaller Orders that they believe
Washington, DC 20549 on official http://nasdaq.cchwallstreet.com, at the
business days between the hours of principal office of the Exchange, and at 3 The term ‘‘Order’’ means an instruction to trade
10:00 a.m. and 3:00 p.m. Copies of such the Commission’s Public Reference a specified number of shares in a specified System
filing also will be available for Room. Security submitted to the Nasdaq Market Center by
a Participant. An ‘‘Order Type’’ is a standardized
inspection and copying at the principal II. Self-Regulatory Organization’s set of instructions associated with an Order that
office of the Exchange. All comments Statement of the Purpose of, and define how it will behave with respect to pricing,
received will be posted without change. Statutory Basis for, the Proposed Rule
execution, and/or posting to the Nasdaq Book when
Persons submitting comments are submitted to Nasdaq. An ‘‘Order Attribute’’ is a
Change further set of variable instructions that may be
cautioned that we do not redact or edit associated with an Order to further define how it
personal identifying information from In its filing with the Commission, the will behave with respect to pricing, execution, and/
comment submissions. You should Exchange included statements or posting to the Nasdaq Book when submitted to
submit only information that you wish Nasdaq. The available Order Types and Order
concerning the purpose of and basis for Attributes, and the Order Attributes that may be
to make available publicly. All the proposed rule change and discussed associated with particular Order Types, are
submissions should refer to File any comments it received on the described in Rules 4702 and 4703. One or more
Number SR–BOX–2018–33, and should proposed rule change. The text of these
Order Attributes may be assigned to a single Order;
be submitted on or before October 26, provided, however, that if the use of multiple Order
statements may be examined at the Attributes would provide contradictory instructions
2018.
places specified in Item IV below. The to an Order, the System will reject the Order or
For the Commission, by the Division of remove non-conforming Order Attributes. See Rule
Exchange has prepared summaries, set 4701(e).
Trading and Markets, pursuant to delegated forth in sections A, B, and C below, of 4 Id.
authority.11
daltland on DSKBBV9HB2PROD with NOTICES
the most significant aspects of such 5 See Rule 4752.
Eduardo A. Aleman, statements. 6 See Rule 4753.
Assistant Secretary. 7 See Rule 4754.
8 See Securities Exchange Act Release No. 65536
[FR Doc. 2018–21683 Filed 10–4–18; 8:45 am]
(October 12, 2011), 76 FR 64411 (October 18, 2011)
BILLING CODE 8011–01–P (SR–NASDAQ–2011–140).
1 15 U.S.C. 78s(b)(1). 9 See Rule 4701(a)(1).
11 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4. 10 See note 8, supra.
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Document Created: 2018-10-05 01:53:19
Document Modified: 2018-10-05 01:53:19
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 83 FR 50422 |
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