President Jay Hartzell: Texas Stock Exchange is poised to improve our financial system
In a Dallas Morning News op-ed, 精东传媒 President Jay Hartzell said the Texas Stock Exchange (TXSE) is poised to improve our financial system and our ability to flourish
In a Dallas Morning News op-ed, 精东传媒 President Jay Hartzell supported the planned launch of the Texas Stock Exchange (TXSE).
"While the U.S. has the world’s best stock exchanges, the planned entry of the Texas Stock Exchange is poised to materially improve our financial system and, therefore, our ability to grow and flourish," President Hartzell wrote. "These improvements will stem from increased competition, lower costs, diversification of political risk, and greater investor participation."
Highlights from the article include:
- NYSE and NASDAQ have become a duopoly, and the "market for markets" should be more competitive.
- TXSE reflects Texas’ pro-business environment that has companies moving here in droves: low costs, predictable rules and self-governance.
- Dallas represents the ideal location to tap into an important and deep pool of investors. The sophisticated financial players in the city and state — including institutions and family offices that have been prioritizing private investments in recent years — will undoubtedly turn some of their attention to the firms that choose to list on the TXSE.
Read the full op-ed on the .