Texas Border Business
SAN ANTONIO — Governor Greg Abbott joined Nasdaq for a virtual closing bell ceremony to commemorate the 190th anniversary of the Battle of the Alamo and highlight Texas’ commitment to economic growth.
“Texas now ranks number one for having more employees working in the financial sector than any other state in the entire country, and Texas ranks number one for capital investment, number one for capitalism itself, and hence, it’s only right that Texas is ranked number one for the capital markets that drive capitalism and the entire economic system,” said Governor Abbott. “We are proud that Nasdaq does business and has a location here in the great state of Texas. Texas will lead the way in protecting capitalism and all that it can achieve in the United States of America.”
The Governor was joined at the virtual closing bell ceremony by Lieutenant Governor Dan Patrick, Nasdaq Chair and CEO Adena Friedman, Nasdaq Texas head Rachel Racz, and other Texas business leaders.
In November, Nasdaq announced they were launching their own Texas financial exchange, Nasdaq Texas. Nasdaq Texas is a new dual listing venue aimed to expand services across the state and grow investment opportunities to U.S investors.
At the event, Governor Abbott highlighted that Nasdaq is now fully operational in Texas and ready to serve companies across the state. This move showcases Nasdaq’s partnership with Texas, ensuring a free-market ecosystem that will strengthen Texas’ position as a national and global economic powerhouse.
During Governor Abbott’s tenure, Texas has attracted more than 325 corporate headquarters and is home to 54 Fortune 500 companies. As the eighth largest economy in the world, Texas also has the largest financial services workforce in the United States, surpassing New York.
Last March, Governor Abbott joined Nasdaq at a luncheon announcing their new regional headquarters in Dallas.
In 2023, Governor Abbott rang the Nasdaq closing bell to celebrate Texas’ economic achievements and milestones during a virtual bell ringing ceremony with Nasdaq, Inc.
