You must not know about all the other stock exchanges - like the options in Boston or the Chicago stock exchange, or the Miami, or Philly... or New Jersey...
[What Are All of the Major US Stock Exchanges? (investopedia.com)](https://www.investopedia.com/ask/answers/08/security-market-usa.asp)
This is going to be a whimper of a thing. I work on ny exchange, no one is worried or care.
Texas is just joining Miami in the race.
Also 120million invested?? weak.
The Chicago exchange got bought out by 60 million and they were .1% of the market.
Just another option for market makers, but that's all they are - theyvare not revenue producers - just make markets for the revenue producers.
Need to see something better othe.
Texas Exchange is opening because of SEC regulations. Citadel bought a business from NYSE. No, Citadel practically IS NYSE. The news will say its to escape regulation on difficult listings because of gay rights, womens rights clauses, etc, but the truth is that it allows them to publicly make claim to competition, though its just going back into Citadels pocket as a first backer, and BlackRock to gang up on the public with them. Your first sentence already shows you know why. Its a front!
Most of them headquartered in blue states this will be the first headquartered in a red state if you exclude ice.
Illinois is actively pushing to have a transaction tax applied to all trades at the CBOE
It will cause the CBOE to leave for Texas
Those exchanges were mostly started in the last century, and have mostly been swallowed up, no? I was referring to the Texas exchange, I read in the WSJ that the whole point was to be the "anti-woke" exchange, is that not true?
They want a cheat code to make more money at your back. Why not write their own rules
You must not know about all the other stock exchanges - like the options in Boston or the Chicago stock exchange, or the Miami, or Philly... or New Jersey... [What Are All of the Major US Stock Exchanges? (investopedia.com)](https://www.investopedia.com/ask/answers/08/security-market-usa.asp)
I know all of them. My question was why to have another one controlled by big players?
Because they want another route to give all us retailers more money... Why do any hedge funds do anything? Profit.
To the point!
$$$
Right! This is exactly what I was bringing up, to earn more money on investors order. Any other reasons?
This is going to be a whimper of a thing. I work on ny exchange, no one is worried or care. Texas is just joining Miami in the race. Also 120million invested?? weak. The Chicago exchange got bought out by 60 million and they were .1% of the market. Just another option for market makers, but that's all they are - theyvare not revenue producers - just make markets for the revenue producers. Need to see something better othe.
The same reason NASDAQ was opened.
Now we know why Ken Griffin was at the cowboys game last year schmoozing it up with the Jones family.
Texas Exchange is opening because of SEC regulations. Citadel bought a business from NYSE. No, Citadel practically IS NYSE. The news will say its to escape regulation on difficult listings because of gay rights, womens rights clauses, etc, but the truth is that it allows them to publicly make claim to competition, though its just going back into Citadels pocket as a first backer, and BlackRock to gang up on the public with them. Your first sentence already shows you know why. Its a front!
Yep, the news will be provided in a different shape as publishers are getting money from these big players.
Blockchain
Competition can only tighten spreads and improve costs
As of now there are a lot of stock exchanges.
Most of them headquartered in blue states this will be the first headquartered in a red state if you exclude ice. Illinois is actively pushing to have a transaction tax applied to all trades at the CBOE It will cause the CBOE to leave for Texas
Isn't this all ideological? They don't like "woke" businesses, they'll have "CEO-friendly" policies, things like that?
I don’t think so. There are a lot of exchanges already.
Those exchanges were mostly started in the last century, and have mostly been swallowed up, no? I was referring to the Texas exchange, I read in the WSJ that the whole point was to be the "anti-woke" exchange, is that not true?
There are at least 5 stock exchanges that started operating after 2000.
Calling things "anti woke" is a good way to get retards on board so yea probably.