Nyse coming to Texas coming as Lone Star State still attracts companies

The envoy of Jodey Arrington, R-Texas, explains that the Republican leadership in the Government can release the prosperity, that the federal budget may reduce and discuss the tax proposal of former President Trump.
Texas has become a significant home in recent years for companies that want to move, including the latest – New York Stock Exchange “Totally Electronic Change of Shares” Nyse Texas in Dallas.
Nyse revealed on Wednesday that he was planning Add surgery In Dallas, she again included her Nyse Chicago as the Nyse Texas in Lone Star, saying that “a completely electronic exchange of shares” will provide public companies to a place of inclusion and trading in the center of the colorful economy of the southwestern US “Future.
NYSE President Lynn Martin said the exchange “delighted to expand our presence in Lone Star”, advertising Texas as a state “with the largest number of NYSE census” and “Leader on the market in stimulating an atmosphere for business”.
Traders work on the Katu New York Stock Exchange on November 28. (Reuters / Brendan McDermid / Reuters Photos)
New York Stock Exchange Plans in ‘Pro-Business’ Texas
Report published last year by the Federal Spare Bank for Dallas Net from over 7,300 companies He moved to Texas between 2010 and 2019, placing him among the best countries for moving on business jobs.
The state recorded several companies moving into it than from it since 2000, it is said in the report.
The University of Texas, Dallas Accounting Assistant Professor, Professor Kirti Sinha, said Fox job He said “several factors” attracted companies to the state of Lone Star.
“The first are, of course, taxes. There are no income taxes and income taxes in Texas in Texas,” she said. “Then, secondly, I think our regulatory environment, I would say, much more relaxed compared to some other countries.”
“We have lower detection or regulatory surveillance compared to other countries, and I think the way, for example, the governor signals” Come here, do this to your home, and I am here for you “signal to companies that, regardless of the situation In terms of regulations, staying like that in the future, “Sinha added. “This kind gives them confidence.”
The Texas Flag and the American Flags flew together on a building in Austin in Texas, March 11, 2023 (Photo Smith Collection/Gado/Getty Images) (Smith Collection/Gado/Getty Images/Getty Images)
Room That Texas He has production facilities and warehouses and his salary rates also complained of companies, Sinha said.
“Texas has been working for decades to establish itself as the best place in America. And a regulatory environment that makes it easier for companies to succeed, Texas is incomparable as a business place,” said Nate Sharp, Dean of Mays Business School in Texas A&M, Fox Business told Fox Business. .
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Among some of the big companies that are moved their headquarters Texas has been Tesla, Fisher Investments and Hewlett Packard Enterprise in recent years.
Fisher Investments announced his transition to the state of Lone Star 2023. The relocation was encouraged by the Supreme Court of the Washington State, supporting the tax on the capital gain.
Hewlett Packard Enterprises in 2020 pointed to “the possibility of saving the costs and preferences of the team members about the future to work” for his own transition to Texas.
In a recent example, the energy giant Chevron said in the fall of 2024 that he would move his headquarters to Texas from California. Andy Walz, Chevron’s president of American Products, said that California was a “difficult place” for business, and “employment of people” played a role in his decision to move, as well as a company that wants to “achieve better business results”.
Sharp said the launch of NYSE Texas “will speed up the growth of business” in the country and make it “even more attractive”.
Skyline from the downtown of Dallas, TX, partly a cloudy day. (Photo: Hum Images/Universal Images Group via Getty Images) (HUM Pictures / Universal Images Group via Getty Images / Getty Images)
Nasdaq, another big stock market, also has a presence in Texas, and TXSE Group is working to set up a Texas stock market in the country, submitting a form of Form 1 in the Securities Commission late last month.
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“The whole listing procedure has become very complicated over the years, and have a physical office helps them talk directly to these companies and give them direct access,” Sinha told Fox Business.
She also said that exchanges in Texas “give signals to investors that I can trust the system here, so I think it’s a very self -fulfilling type of cycle, such as” Oh, so the companies came, the New York stock market arrived “and then it will bring more investors and more companies. “