SEC approves Texas Stock Exchange, first new US integrated exchange in decades
1–10 of 493 posts
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#2Can only imagine how washtrading will become like American pie.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#3> world-class exchange rooted in alignment
Does this actually mean something specific?
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#4Is there anything interesting or novel about this exchange, other than its headquarters are located in Texas?
From what I can tell, the primary data centers will be in New Jersey like all the others.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#5This reads like a press release.
Here's an article that appears to provide a bit more perspective: https://www.reuters.com/legal/government/txse-says-sec-appro...
Also, this is a fun nugget from the Reuters article about this new exchange providing competition to NYSE and NASDAQ:
> But those rivals are not sitting idly by. On March 31, the NYSE opened its own Texas outpost, disclosing that Trump Media & Technology would be the first company to list there.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#6Can only imagine how washtrading will become like American pie.
There were already two exchanges. I don't think this changes much.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#7Is there anything interesting or novel about this exchange, other than its headquarters are located in Texas? From what I can tell, the primary data centers will be in New Jersey like all the others.
Hopefully they will provide cheap market data like IEX did in its beginning.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#8Is there anything interesting or novel about this exchange, other than its headquarters are located in Texas? From what I can tell, the primary data centers will be in New Jersey like all the others.
I imagine as businesses move away from NY and SF, they want their stock exchange to move with them, and for similar reasons.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#9Is there anything interesting or novel about this exchange, other than its headquarters are located in Texas? From what I can tell, the primary data centers will be in New Jersey like all the others.
Hopefully they will provide cheap market data like IEX did in its beginning.
Yeah, this is more competition on the scene. We should welcome competition.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#10Hope they have ample backup power