Why wouldn't the NYSE relocate to a state like Florida or Texas?

They will ... eventually.

Most of the major banks already have major footprints and operations centers in Charlotte, the longtime babking capital of the South, and they're always expanding.

There's also another Wall Street type center opening, or already up and running, in Texas. I forget the details but I've had a couple of family members in Texas mention it to me during casual conversations.

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Charlotte, the longtime babking capital of the South

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when did Atlanta lose it's title of "New York's Southern Branch Office"?







(As old money types in NO would snort haughtily, whenever the subject of Atlanta getting so many national companies was brought up)

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when did Atlanta lose it's title of "New York's Southern Branch Office"?

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Charlotte has always been the banking capital of The South .... since gold was first discovered in the Carolinas.

Move to NJ and keep the name...

Hows my cock taste

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The Texas Stock Exchange (commonly known as TXSE) is a new national securities exchange headquartered in Downtown Dallas, Texas. It represents a major effort to bring competition to the U.S. stock market, long dominated by the New York Stock Exchange (NYSE) and Nasdaq.

Here are the key details as of early January 2026:
Status: The U.S. Securities and Exchange Commission (SEC) formally approved TXSE's registration as a national securities exchange on September 30, 2025 — the first fully integrated new exchange of its kind in decades.

Launch Timeline: Trading is planned to begin in 2026, with most sources pointing to early 2026 (potentially the first quarter) for initial operations, followed by corporate listings and exchange-traded products (ETPs like ETFs) later in the year.

Key Features:

Fully electronic trading platform (no traditional trading floor).

Focus on higher listing standards, lower costs for issuers, greater transparency, and alignment with companies and investors.

Aims to attract high-growth sectors like energy, technology, and manufacturing, leveraging Texas's booming economy.

Physical headquarters in Dallas (temporary setup now, with plans for a larger presence at the Texas Market Center, employing over 100 people).

Backing and Funding: It's one of the best-capitalized new exchanges ever, with over $270 million raised from major investors including BlackRock, Citadel Securities, Charles Schwab, JPMorgan, Goldman Sachs, Bank of America, and prominent Texas figures like Energy Transfer CEO Kelcy Warren (majority owner).

Leadership: Founded and led by CEO James Lee, with board members including former Texas Governor Rick Perry and other finance heavyweights.

This move is part of Texas positioning itself as a financial hub ("Y'all Street"), supported by the state's pro-business policies, population growth, and corporate relocations. Interestingly, both NYSE and Nasdaq have responded by launching their own Texas-branded dual-listing venues (NYSE Texas launched in 2025, Nasdaq Texas planned for 2026)

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We'll have to wait and see how much influence the Texas Muslims and Hindus have in this endeavor. Apparently, they've played a major role in a lot of recent banking and investment initiatives in Texas ... that Rick Perry has led.

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There is a large lucrative gold mining operation ten miles from where I am sitting here in SC right now. It was a sugar sand quarry (for concrete and golf courses) for nearly 100 years ... until they hit gold there a few years ago. That changed everything.

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That is cool and neat. The real gold is a black bubbling crude Jed clamped found.

They could....NY will continue to lose clout and moving is always an option....
I would think most of the big banks would be in favor of leaving....

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There's also another Wall Street type center opening, or already up and running, in Texas. I forget the details but I've had a couple of family members in Texas mention it to me during casual conversations.

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Y'all Street, starting up in Dallas this year.