Reported about 19 hours ago
Intercontinental Exchange (ICE), the parent company of the NYSE, will initiate a dual listing on NYSE Texas as it prepares to compete with the upcoming Texas Stock Exchange. This strategic move, announced on June 16, 2025, aims to strengthen ICE's presence in Texas, a state favored for its business-friendly environment and lower taxes. Notably, NYSE Texas, which began operations in March, has already attracted several companies to dual list, indicating its growing foothold in the market. ICE plans to maintain its main listing on the NYSE while expanding opportunities in Texas.
Source: YAHOO