Gov. Greg Abbott said officials from the Nasdaq and other major stock exchanges he met on Friday afternoon at the Governors Mansion were impressed with what Texas could offer as a base for data center operations powering the daily Wall Streets transactions.
They want to move at a fairly fast speed, Abbott said, describing the conversation as engaging and substantive.
The group meeting with Abbott is called the Coalition to prevent taxation of retirement savings. It includes the Nasdaq, CBOE Global Markets, Citadel Securities, data center operator Equinix, IEX, Membership Exchange, owner of New York Stock Exchange Intercontinental Exchange, TD Ameritrade Holding Corp., Virtu Financial and UBS.
Abbott said the group said a request for proposal process would begin before exchanges and companies make a decision on whether to move the electronic trading infrastructure now hosted in New Jersey. Officials from Virginia, North Carolina and Illinois have also reportedly held talks with the coalition.
There are additional steps to take, and we look forward to continuing to work every step of the way, Abbott said.
Abbott said the exchanges are looking at Dallas-Fort Worth for a potential transfer.
Our ability to expand and strengthen the capacity that would meet their needs [in D-FW] is very easy to accommodate, he says.
Coalition spokespersons were not immediately available for comment.
If the major stock exchanges move forward, the move will be prompted by looming concerns over a proposed financial transactions tax in New Jersey. But Abbott said meeting attendees, the Nasdaq in particular, were also interested in an environment that would allow for a more sustainable operating model, which he believes Texas is providing.
The states’ abundance of renewable energy, its independent power grid, and the cost of cheap electricity compared to New Jersey have been discussed with the group, Abbott said. Tech giants Facebook and Google have already taken advantage of Texas’ energy advantage, having recently invested in large data centers in North Texas.
The New York Stock Exchange was not present at the Friday meeting, Abbott said. He said he spoke separately with his leaders. During a recent Dallas Regional Chamber event, NYSE President Stacey Cunningham said there were more Texas-based publicly traded companies listed on its stock exchange than New York.
Texas would truly be the centerpiece of the financial industry for this century, Abbott said of the talks. And that would lead to high paying jobs in the Dallas-Fort Worth area.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]exbulletin.com