Governor Abbott announces launch of NYSE Texas headquartered in Dallas

Governor Greg Abbott has announced the upcoming launch of NYSE Texas, a fully electronic equities exchange to be based in Dallas. This new venture is part of the New York Stock Exchange, under Intercontinental Exchange, Inc. (NYSE: ICE).

"Texas is the most powerful economy in the nation, and now we will become the financial capital of America," Governor Abbott stated. He emphasized that with NYSE Texas, "we will expand our financial might in the United States and cement our great state as an economic powerhouse on the global stage." He expressed gratitude towards the New York Stock Exchange for selecting Texas and highlighted their shared commitment to advancing pro-growth economic policies.

The announcement includes plans to reincorporate NYSE Chicago in Texas and rename it as NYSE Texas, subject to regulatory approval. Governor Abbott recently met with Jeffrey Sprecher, Founder, Chairman, and CEO of NYSE: ICE, along with Lynn Martin, President of NYSE Group. They discussed how this move would bring new economic opportunities to both Texas and global businesses.

Further information about Intercontinental Exchange, Inc. (NYSE: ICE) can be found online.