Gov. Greg Abbott rings the closing bell at the launch of NYSE Texas in Arlington | Image by Governor Abbott Press Office/X
Governor Greg Abbott rang the closing bell for the New York Stock Exchange on Wednesday at AT&T Stadium in Arlington, celebrating the launch of NYSE Texas, a fully electronic equities exchange headquartered in Dallas. Abbott touted the state’s economic strength, pointing to Texas’ top rankings in job creation, economic development, and businesses listed on the NYSE.
“Texas ranks No. 1 in so many different ways,” Abbott said in a press release. “We are No. 1 for economic development, most new jobs added, and ranked No. 1 for the most business listed on the NYSE. It’s the hardworking men and women that work at these businesses every day that make Texas what it is. With Texas’ tremendous business success, we have NYSE coming here, growing here, and putting deeper roots in the state of Texas. This is the home of the economy, and it is going to be the home of financial exchanges going forward.”
Abbott was joined by U.S. Treasurer Brandon Beach, NYSE Group President Lynn Martin, NYSE Texas President Bryan Daniel, Intercontinental Exchange CEO Jeff Sprecher, Cowboys owner Jerry Jones, and other business leaders. The event also featured the Dallas Cowboys cheerleaders.
Abbott highlighted the state’s pro-business tax climate and reforms aimed at attracting more corporations. “It is going to be Y’all Street instead of Wall Street,” he said during the ceremony.
NYSE Texas officially launched on March 31, 2025, becoming the first securities exchange incorporated in the state. Trump Media & Technology Group was the first new company to list there. The company remains primarily listed on the NYSE but is also dually listed on NYSE Texas under the symbol DJT.
“This new offering … will allow companies to capitalize on the pro-business dynamics in Texas. We applaud Trump Media, Governor Abbott, and the state of Texas on their commitment to supporting the innovation of U.S. capital markets,” Martin said in a statement at the time.
Abbott also noted that Texas ranks first for the number of businesses listed on the NYSE overall. “We want to thank you for coming here and locating right here in Dallas, Texas, a trading exchange,” Abbott said at the event.
The ceremony marked collaboration between state leadership and Intercontinental Exchange, the NYSE’s parent company, and underscored Texas’ growing role as a challenger to Wall Street’s dominance.
