The NYSE will launch NYSE Texas in Dallas, marking the exchange's reincorporation from Chicago. This move emphasizes Texas’s pro-business environment, boasting over $3.7 trillion in NYSE listings, according to NYSE Group President Lynn Martin. The announcement coincides with the TXSE Group's intent to establish the Texas Stock Exchange. Following concerns over anti-business policies in other states, various companies, including Tesla and Meta, show increasing interest in relocating to Texas, further solidifying the state as a financial hub.
Texas is a market leader in fostering a pro-business atmosphere, representing over $3.7 trillion in market value for our community, NYSE Group President Lynn Martin said.
We need to ensure that Texas companies, and companies similarly situated, are not going to be cut off from capital markets in New York because of policy decisions made from the left.
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