For nearly 200 years after its inception in 1792, the New York Stock Exchange (“NYSE”) faced insignificant competition as the premier stock exchange within the United States. Then, alongside the technological surge of the late 20th Century, came an innovative alternative to the NYSE: the NASDAQ Stock Market (“NASDAQ”). Boasting itself as the world’s first electronic stock market, NASDAQ quickly gained popularity and market share in America’s financial sector by offering modernized processes for stock trading. Today, the NYSE and NASDAQ are positioned as the world’s two largest, most influential, and widely recognizable stock exchanges. And a new exchange in Texas is “bullish” on becoming the third.Continue Reading New Stock Exchange Set to Launch in Texas
