Blackrock and Citadel are now leaving New York

JUST IN – BlackRock and Citadel Securities fund plans to start a new national stock exchange in Texas to "take on" the New York Stock Exchange — WSJ

— Disclose.tv (@disclosetv) June 5, 2024

BlackRock and Citadel are indeed backing a new Texas-based national stock exchange, which could be seen as a departure from the traditional financial centers of New York. The Texas Stock Exchange (TXSE) aims to provide an alternative for companies seeking relief from compliance costs at the NYSE and Nasdaq. While it’s not a physical relocation, it represents a shift in the financial landscape.

cointelegraph.com/news/blackrock-citadel-back-texas-stock-exchange

finance.yahoo.com/video/blackrock-citadel-back-texas-stock-143120659.html

www.fa-mag.com/news/blackrock–citadel-back-texas-stock-exchange-in-challenge-to-nyse-78348.html

www.msn.com/en-us/money/markets/citadel-securities-and-blackrock-back-new-texas-based-national-stock-exchange/ar-BB1nFLHM

h/t roadrunner