Next NYSE to the next Texas with Lone Star State continues to attract companies

In recent years, Texas has become an important homeland for companies looking to move, including the latest “fully changing electronic stocks” on the New York Stock Exchange in Dallas.

The New York Stock Exchange revealed on Wednesday that it is planning Add operations In Dallas, by reintegration of Nyse Chicago on the New York Stock Exchange in Lone Star State, he said that “fully exchange of electronic stocks” will provide public companies with a centered place and a trading focused on the vibrant economy in the southwest of the United States “once they are going to the future.

Lin Martin, head of the NYSE group, said the exchange “is pleased to expand our presence in the state of Lun Star,” promotes Texas as a country “with the largest number of New York Stock Exchange lists” and “a leader in the market in strengthening a pro -business atmosphere.”

The New York Stock Exchange plans for the Stock Exchange in Texas, “Business Support”

A report was found in the last year of the Federal Reserve last year to Dallas A network of more than 7300 companies He moved to Texas between 2010 and 2019, putting him among the best states for business transfer.

The report said that the state has grown more companies that have been transferred to more than outside it since 2000.

Texas University in Dallas, Assistant Professor Kerte Sinha Fox’s work He said “several factors” attracting companies to the state of Lun Star.

She said: “The first, of course, taxes. There is no personal income tax and tax taxes in Texas in general.” “Then, secondly, I think our organizational environment is, I would like to say, more relaxed compared to some other states.”

“We have a decrease in disclosure or organizational supervision compared to other countries, and I also think that the method, for example, was the ruler indicated here, and made this your home, and I am here for you,” this type of giving and Sinha added that referring to companies is that whatever the situation is In terms of regulations at the present time, it will remain like this in the future. “” This type gives them confidence. “

outer space That Texas Also, manufacturing facilities, warehouses and wage rates have appealed to companies, according to their Sunnah.

“Texas works for decades to establish itself as the best place in America to do business. With one of the fastest growing population in the country, the highest number of first -class research universities in any state in the country, commercial action, Nate Sharp, Dean of the College of Business Administration in Texas A &M, Texas as a place to do commercial businesses and the organizational environment that makes it easy for companies to succeed, unparalleled as a place to do business. “

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Among some companies with large names Their headquarters To Texas in recent years, Tesla, Fisher Investments and Hewlett Packard Enterprise.

Fisher Investments announced its transfer to Lone Star State in 2023. The Washington Supreme Court paid a capital profit tax in the state.

Hewlett Packard Enterprises in 2020 referred to “opportunities to save costs and team members’ preferences about the future to work” in order to move to Texas.

In a more modern example, the energy giant Chevron said in the fall of 2024 that it will transport its headquarters to the California. Andy Walz, head of America’s products in Chevron, said that California was a “difficult place” to do business and “recruit people” played a role in the transfer decision, as well as the company that is looking to “pay the results of better business.”

Sharp said the launch of Nyse Texas “will speed up business growth” in the state and make it “more attractive.”

NASDAC, the other main stock exchange, also has a presence in Texas, and the TXSE group creates the Texas Stock Exchange in the state as well, as it presented the registration of model 1 with the Securities and Stock Exchange Committee late last month.

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“The entire listing process has become very complicated over the years, and to create a material office that helps them speak to these companies directly and gives them direct access,” Sinha told Fox Business:

She also said that the disputes in Texas “give signals to investors that they can trust the system here, and so I think it is a very self -sessions, such as” Oh, companies were coming, the New York Stock Exchange came “and then will bring more investors and more companies. “