News for hackers. Stuff that matters.

A comment on Texas poised to get own stock exchange – with less red tape than NYSE or Nasdaq. Parent comment

Re:Texas poised to get own stock exchange – with less red ta... by ryandrake on Wednesday June 05, 2024 @12:25PM (#40586904)
Yep. Let's say you're a reputable business with solid earnings and market cap, and a track record of following the rules and being able to meet listing standards. Which exchange(s) are you going to consider? The well-known, venerable NYSE or NASDAQ, or the Texas Freewheelin' Discount Bargain Barbecue Exchange?

Now, if you're a less than reputable business, with questionable earnings and a disregard for following the rules, and you are ineligible to be listed on the NYSE or NASDAQ, which exchange are you going to consider?

[ Parent | on HN ]
Re:Texas poised to get own stock exchange – with less red ta... by hermitdev on Wednesday June 05, 2024 @01:47PM (#40588035)
BSE, CHX, MS4X, NSX, PHLX and more? NYSE & NASDAQ aren't the only players in the US equities exchange market. NYSE & NASDAQ are merely the 2 largest players in a very large field. And that's _just_ equities. Get into commodities or options and other derivatives and there's even more.

Also, not being listed on NYSE or NASDAQ doesn't mean you're any less of a reputable company. There's some real shit listed on both.

[ Parent | on HN ]