Nasdaq to Meet With Gov. Abbott About Potential Move to Dallas

[Neil Narayan]

Gov. Greg Abbott will welcome representatives from major stock exchanges, including Nasdaq, to Austin on Nov. 20. Last month, the Dallas Morning News reported that Gov. Abbott's office was in talks with Nasdaq and other exchanges about moving data centers, which power billions of dollars in trades on Wall Street each day, to Dallas.

“Texas continues to be the premier economic destination in the country, attracting more leading businesses than any other state," spokeswoman Renae Eze told the Dallas Morning News. “The governor looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.”

According to the Dallas Morning News, the coalition's desire to move out of New Jersey is being driven by a potential tax on financial transactions in the state.

https://www.nbcdfw.com/news/lo...

[Lucia Rushton]

@Neil Narayan. Thanks for posting. In my opinion whether it happens or not, this just shows the strength of the continued economic drive in Dallas and the business friendly climate of Texas as a whole.