Capital Formation
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Nasdaq Applauds Signing of Senate Bill 29, Strengthening Texas' Standing as a National Leader in Corporate Governance and Innovation
GlobeNewswire News Room· 2025-05-14 19:12
Group 1 - Nasdaq supports Texas Senate Bill 29, which codifies the Business Judgment Rule and enhances corporate governance predictability, thereby improving Texas' competitiveness for incorporation and business growth [1][2] - The passage of SB 29 is seen as a significant step for corporate governance in Texas, promoting innovation-focused regulation and reinforcing Texas as a global center for capital formation [2] - Nasdaq has a long-standing commitment to advocating for clients and minimizing complexities in public markets, addressing various regulatory issues including climate disclosure and AI regulation [2] Group 2 - Nasdaq has been part of the Texas community for nearly two decades and is expanding its presence with a new regional headquarters in Dallas, which will serve as a hub for Texas-based clients [3] - The company currently hosts over 200 listed companies in Texas and generates over $750 million in revenues in the region, partnering with approximately 2,000 clients, around 800 of which are based in Texas [3]
Canadian Securities Exchange Listings Now Eligible for Trading on Interactive Brokers Platform
Newsfile· 2025-04-08 13:00
Core Points - The Canadian Securities Exchange (CSE) has announced that all its listed securities are now eligible for trading on the Interactive Brokers (IBKR) global platform, enhancing accessibility for global investors [1][2] - This development is expected to increase liquidity, improve price discovery, and support capital formation activities for CSE issuer companies, reflecting strong customer demand [2][3] - Interactive Brokers provides access to over 160 markets worldwide, competitive pricing, and advanced trading technology, which will empower clients to diversify their portfolios [2][3] Company Overview - The CSE is a rapidly growing exchange focused on working with entrepreneurs, innovators, and disruptors to access public capital markets in Canada [3] - The exchange's efficient operating model, advanced technology, and competitive fee structure help listed issuers minimize their cost of capital and enhance global liquidity [3][4] - The CSE aims to provide global investors access to a diverse collection of growing and mature companies [4]