Chicago – February 15, 2025
The New York Stock Exchange announcedWednesday morning it would move its Chicago branch to Dallas and call it NYSE Texas.
“Pending the effectiveness of regulatory filings, NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas, offering companies the opportunity to list their securities on NYSE Texas,” said the NYSE in a statement.
“As the state with the largest number of NYSE listings, representing over $3.7 trillion in market value for our community, Texas is a market leader in fostering a pro-business atmosphere,” said Lynn Martin, president of NYSE Group, in a statement. “We are delighted to expand our presence in the Lone Star State, which plays a key role in driving our U.S. economy forward.”
More and more businesses continue to relocate their headquarters to Texas, given the business-friendly environment regarding policies and taxes.