Nasdaq Texas to launch as Y'all-Street expansion continues

MIDLAND, Texas — Y'all Street's expansion continues.

Finance giant Nasdaq on Wednesday announced plans for Nasdaq Texas, a new dual-listing venue that continues Nasdaq's expansion in North Texas. The announcement was made during the eighth-annual Permian Basin Cook-Off event in Midland.

"We view it as the natural next phase of our growth. Nasdaq has a long history in Texas; we've been engaged in the state for the last two decades and work with over 2,000 clients in the Southeast region, including 800 clients in Texas. And we have over 200 listed companies that call Texas home, representing almost $2 trillion in market capitalization," said Rachel Racz, Nasdaq’s Head of Listings for Texas, Southern U.S., and Latin America. "When we see the growth of the U.S. economy, a lot of that growt