Hmm. If the commie wins NYC a lot of things will change. Once he starts changing policies in NYC a lot of businesses will finally move out. This could also include the NYSE and maybe NASDAQ, which could easily move to Dallas, making Y'all Street a reality finally.
This was being looked at back in 2021 because of the possibility of bad tax policy directed at the financial world.
This article talks about the exchanges already here including NYSE Texas. Neat tidbit - the first company listed was TMTG... Trump Media and Technology Group.
The announcement that the U.S. Securities and Exchange Commission had approved the Dallas-based startup to operate as a national exchange was met with celebration by Texas lawmakers, including Gov. Greg Abbott, who declared “Texas is swiftly becoming America’s financial hub.”
Hmm. If the commie wins NYC a lot of things will change. Once he starts changing policies in NYC a lot of businesses will finally move out. This could also include the NYSE and maybe NASDAQ, which could easily move to Dallas, making Y'all Street a reality finally.
This was being looked at back in 2021 because of the possibility of bad tax policy directed at the financial world.
Here's an old article talking about this: https://www.dallasnews.com/business/technology/2021/02/10/nyse-head-says-exchange-isnt-moving-yet-as-texas-gov-abbott-woos-with-favorable-tax-proposal/
This article talks about the exchanges already here including NYSE Texas. Neat tidbit - the first company listed was TMTG... Trump Media and Technology Group.
https://www.texasstandard.org/stories/nyse-texas-stock-exchange-nasdaq-dallas/
And then there's this: https://www.texastribune.org/2025/10/06/texas-stock-exchange-dallas-txse-sec-approval/
The SEC approved TXSE on Sept 30, 2025.
https://www.txse.com/press-releases/txse-group-inc-announces-sec-approval-of-texas-stock-exchange
If Mamdani is elected mayor things will really change for the worse in NYC. Texas will very likely benefit.