Notes from https://www.wsj.com/articles/texas-stock-exchange-txse-new-york-blackrock-citadel-securities-james-lee-bb72c36c?mod=hp_opin_pos_1

• TXSE Group
• the Texas Stock Exchange (TXSE)
  • investors: BlackRock, Citadel
  • CEO James Lee
• A lit exchange is an open and public one, in contrast to a so-called dark pool of capital.
• Nasdaq has mandated boardroom diversity quotas for companies that list shares on its exchange. Starting this year, they must have a woman, “underrepresented minority” or “LGBTQ+” member—or publicly explain why they don’t. Boards of bigger companies must include at least two “diverse” directors by the end of next year.
• carte blanche authority
• stock transfer tax
• New York, the home of Alexander Hamilton and J.P. Morgan
• Sun Belt states
• Goldman Sachs, Wells Fargo and Bank of America have expanded in Dallas
• the Lone Star State
• The top state-and-city income tax rate in New York is 14.8%. Texas has no income tax.