Texas Capital Bank CEO Rob Holmes focuses on Gov. Greg Abbott's plan to cut the deficit for small businesses on “Morning with Maria.”
NASDAQ has established a regional headquarters in Dallas, saying the planned location is part of “continuous investments” in Lone Star State and the Southeast.
The office “provides a hub for NASDAQ clients and the wider community and serves as a premium calling space to celebrate leaders, entrepreneurs and innovators who call Lone Star State home,” Nasdaq said. The stock exchange operator is known for its main location in Times Square in New York City.
NASDAQ has established a regional headquarters in Dallas, saying the planned location is part of “continuous investments” in Lone Star State and the Southeast. (Michael M. Santiago / Getty Images / Getty Images)
Texas has been a major destination for businesses to set up stores in recent years. A report released last year by the Federal Reserve Bank of Dallas discovered a web of over 7,300 companies that moved to the state between 2010 and 2019.
KFC moves its US headquarters from Kentucky to Texas, citing better prospects for growth
About 200 companies traded on Nasdaq's Exchange call Texas home. Stock Exchange operators count around 800 Texas-based companies among their clients.
“At Dallas Regional HQ, we look forward to further deepening our relationships with our clients and supporting Texas' miracles' continued success,” Nasdaq CEO Adena Friedman said in a statement.
A report released last year by the Federal Reserve Bank of Dallas discovered a web of over 7,300 companies that moved to the state between 2010 and 2019. (Hum Images/Universal Images group via Getty Images/Getty Images)
“Under Gov. Abbott's leadership, the Texas miracles have made Texas synonymous with innovation-led growth and smart regulations,” said Ed Knight, Deputy Vice Chairman of the Nasdaq. “We will share his commitment to these principles and continue to advocate passionately on our clients' behalf, and as a result, we will take the necessary steps to ensure that our clients enjoy the same benefits as all other companies in the state.”
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The company also said Tuesday that it would reveal “additional investments” it intends to make in Texas, designed to increase liquidity, transparency and integrity in its financial ecosystem.
About 200 companies traded on Nasdaq's Exchange call Texas home. (Kirby Lee / Getty Images / Getty Images)
Dallas will also host the “full electronic stock exchange” NYSE Texas after NYSE reincorporating NYSE Chicago. The TXSE Group is also working to establish a Texas Stock Exchange in the state.
NYSE comes to Texas as Lone Star State continues to attract business
In early February of Texas Governor Greg Abbott's national speech, he touted Texas as having “the most powerful economy in America.”
According to the governor's office, Texas' economy is worth $2.6 trillion.
