The Briefing Room

State Chapters => Texas => Topic started by: Elderberry on November 13, 2020, 02:43:09 am

Title: Nasdaq, other trading exchanges to meet with Texas Gov. Abbott about potential move
Post by: Elderberry on November 13, 2020, 02:43:09 am

Dallas Morning News by Dom DiFurio 11/9/2020

Texas Gov. Greg Abbott will welcome representatives from major stock exchanges, including Nasdaq, to Austin on Nov. 20 as the state makes a bid to be the top choice if the exchanges make good on threats to move their trading platforms out of New Jersey.

The Dallas Morning News reported last month that the governor’s office was in talks with Nasdaq and other exchanges about moving data centers to Dallas that power billions of dollars in trades each day on Wall Street.

The governor’s office confirmed the meeting, touting the state’s business-friendly environment.

“Texas continues to be the premier economic destination in the country, attracting more leading businesses than any other state," spokeswoman Renae Eze said in a statement to The News. “The governor looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.”

More: https://www.dallasnews.com/business/technology/2020/11/09/nasdaq-and-other-trading-exchanges-to-meet-with-texas-gov-abbott-about-potential-move/ (https://www.dallasnews.com/business/technology/2020/11/09/nasdaq-and-other-trading-exchanges-to-meet-with-texas-gov-abbott-about-potential-move/)