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Message
re: Why wouldn't the NYSE relocate to a state like Florida or Texas?
Posted on 1/2/26 at 11:18 pm to RelicBatches86
Posted on 1/2/26 at 11:18 pm to RelicBatches86
quote:
The group behind the exchange, led by TXSE CEO James Lee, is financed by institutional investors including Charles Schwab, Fortress, BlackRock, and Citadel Securities, and JPMorgan
The house always wins.
0
Posted on 1/2/26 at 11:35 pm to Mid Iowa Tiger
quote:
NYSE aka New York Stock Exchange doesn’t have to. The Texas Stock Exchange has been approved and will be operating. It’s are moving to Texas in wholesale manner.
To compete, yes they do.
In fact, the NYSE shifted its Chicago exchange to Dallas in order not to lose their arse to the Texas Stock Exchange. Nasdaq established a footprint as well.
Posted on 1/3/26 at 6:03 am to ChatGPT of LA
Only a matter of time.
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