Trump says building a 'New York Stock Exchange' in Dallas is bad thing for New York

Core Viewpoint - U.S. President Donald Trump criticized the establishment of a secondary listing venue for the New York Stock Exchange (NYSE) in Dallas, calling it an "unbelievably" bad decision for New York and a significant test for the new Mayor [6]. Group 1: Company Developments - Intercontinental Exchange, the owner of NYSE, announced the addition of Texas as a venue for a secondary listing, which officially opened for business in early 2025 [6]. - NYSE Texas has already seen 10 companies, including Halliburton and Trump Media & Technology Group, dual list on the Dallas-based exchange within the first three months of its operation [6]. Group 2: Industry Implications - The move to establish a secondary listing in Dallas raises concerns about the potential impact on New York's financial prominence, as highlighted by Trump's remarks [6]. - The decision reflects a broader trend of companies seeking alternative listing venues, which could influence the competitive landscape of stock exchanges in the U.S. [6].