New York Stock Exchange announces NYSE Texas coming to Dallas

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New York Stock Exchange (NYSE) Texas, “a fully electronic equities exchange,” is coming to Dallas.

The announcement came Wednesday, and stated the NYSE Chicago “will reincorporate in Texas and be renamed NYSE Texas,” providing companies with a new venue to list their securities.

Several high-profile firms, including Elon Musk’s Tesla, and SpaceX, have relocated their headquarters to Texas, attracted by the state’s perceived favorable legal and regulatory environment. 

“As the state with the largest number of NYSE listings, representing over $3.7 trillion in market value for our community, Texas is a market leader in fostering a pro-business atmosphere,” Lynn Martin, president of NYSE Group, said in a statement.

CANDIDATE FOR CANADIAN PRIME MINISTER PLEDGES TO TARGET TESLA VEHICLES WITH 100% TARIFFS

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