Good news! Say say everything is bigger in Texas!
"The decision paves the way for TXSE to start listing shares next year. The idea for the exchange, pronounced “tex-ee,” came after some executives complained about the New York Stock Exchange’s and Nasdaq’s regulations. Setting up a competitive new exchange won’t be easy; TXSE will need to attract a substantial trading volume. It raised around $160 million and is going after more, a person familiar with the matter said. Investors include BlackRock, Citadel Securities and Charles Schwab. Separately, investors are fretting that the Wall Street rally is on borrowed time."
TXSE Group Inc announces SEC approval of Texas Stock Exchange (original news release) "TXSE brings real competition to the U.S. markets as the first and only fully integrated, national securities exchange built and headquartered in Texas."
No comments:
Post a Comment