Re:Texas poised to get own stock exchange – with less red ta...
by bunderbunder on Wednesday June 05, 2024 @01:38PM
(#40587918)
No.
But, for context, all I was trying to do when I accidentally started this whole side tangent was suggest that unbounded speculation that isn't tied to concrete, specific things is unlikely to be fruitful.
As far as I can tell, the only specific thing that's been mentioned is not having an equivalent to NASDAQ's board diversity rule. Which doesn't seem like a _huge_ differentiator given that NYSE doesn't have one either?
TBH though my first instinct is to say that I doubt their rules will be egregious, and in a market as large as the USA having a third national stock exchange probably wouldn't be a terrible thing. Markets generally benefit from healthy competition, even when some of the individual competitors aren't everybody's favorite.
But, for context, all I was trying to do when I accidentally started this whole side tangent was suggest that unbounded speculation that isn't tied to concrete, specific things is unlikely to be fruitful.
As far as I can tell, the only specific thing that's been mentioned is not having an equivalent to NASDAQ's board diversity rule. Which doesn't seem like a _huge_ differentiator given that NYSE doesn't have one either?
TBH though my first instinct is to say that I doubt their rules will be egregious, and in a market as large as the USA having a third national stock exchange probably wouldn't be a terrible thing. Markets generally benefit from healthy competition, even when some of the individual competitors aren't everybody's favorite.