Big news is shaking up the business world — Nasdaq is setting up a regional headquarters in Dallas! The financial giant, known for its iconic Times Square location, is making a bold move as part of its “continued investment” in Texas and the southeast.

Texas has become a magnet for businesses over the years, and the numbers prove it. Between 2010 and 2019, a net of over 7,300 firms relocated to Texas, according to the Federal Reserve Bank of Dallas. The trend has only accelerated, with major companies like Tesla, Apple, and Siemens making Texas their new home.

With Nasdaq setting up shop, Texas has solidified its status as a financial hub. Currently, around 200 companies that trade on Nasdaq’s exchange are based in Texas, with an estimated 800 Texas-based firms among its clients. The state’s business-friendly environment, lower taxes, and commitment to innovation have made it a top choice for companies looking to grow and thrive. 

On the other hand, Nasdaq Executive Vice Chairman Ed Knight reinforced this sentiment, emphasizing that the company shares Texas’ commitment to innovation-led growth and smart regulation. This partnership between Nasdaq and Texas signals a strengthening of the state’s financial ecosystem, benefiting businesses, investors, and the broader economy.

For local businesses, now is the time to position themselves to take advantage of this economic wave. Whether you’re a contractor, vendor, or entrepreneur, the influx of financial powerhouses means fresh opportunities, increased investment, and a brighter future for Texas business.

Nasdaq’s expansion into Dallas is more than just a financial milestone — it’s a game-changer for local industries. With new infrastructure, heightened demand for services, and a growing economy, Texas has steadily become one of the nation’s top business destinations.