This week, news broke that an organisation by the name of TXSE Group was planning to challenge the NYSE and Nasdaq by launching a Texas Stock Exchange, based in Dallas. Big backers with deep pockets are involved: TXSE has already raised $120 million from investors including BlackRock and Citadel Securities, “as well as prominent business [...]Read More...
There’s no more room in the NYSE datacenter. They can’t frontrun properly without a new exchange!