Nasdaq Inc. said it will open a new regional headquarters in Dallas to serve as a hub for clients in Texas, and is planning additional investments in the state.
The exchange operator generates more than $750 million in revenue in Texas and the US Southeast, and has about 800 clients in the state, the New York-based company said in a statement Tuesday. More than 200 Nasdaq-listed companies have headquarters in Texas, representing $1.98 trillion in market capitalization as of December.
“Nasdaq is deeply ingrained in the fabric of the Texas economy,” Chief Executive Officer Adena Friedman said in the statement. ...