The American flag is displayed on the facade of the New York Stock Exchange in downtown Manhattan in late November. [Photo: Kirkam/Shutterstock]
In a move that serves to counter the planned launch of the Texas Stock Exchange, the NYSE said it will reincorporate NYSE Chicago in Texas and rename it NYSE Texas, with headquarters in Dallas. The news set both Wall Street and Y'all Street buzzing, with Gov. Greg Abbott saying the launch will "cement our great state as an economic powerhouse on the global stage."