Financial giants BlackRock and Citadel Securities are backing the Texas Stock Exchange (TXSE) in Dallas, aiming to challenge the dominance of New York-based exchanges. With $120 million raised, TXSE plans to file with the SEC and attract global companies. The new exchange seeks to capitalize on shifts in equities trading, listing standards, and compliance costs, while addressing ESG-related tensions and leveraging the economic growth of southeastern states.
pull down to refresh
13 sats \ 0 replies \ @SatsMate 9 Jun 2024
Interesting. Not a big fan of BlackRock or citadel at all, but would like an exchange that isn't East Coast - and competition isn't necessarily a bad thing.
But cmon, why did it have to be these two companies?
reply