FMP
Jun 5, 2024 6:56 AM - Parth Sanghvi
Shake things up in the stock market? A group backed by financial giants BlackRock (NYSE:BLK) and Citadel Securities is aiming to do just that with plans for a new national stock exchange in Texas.
This new exchange, called the Texas Stock Exchange (TXSE), has already raised about $120 million and is gearing up for registration with the Securities and Exchange Commission (SEC) later this year, according to The Wall Street Journal.
Here's what we know so far:
It's important to note that this is a developing story. BlackRock has yet to comment publicly on the project. While details are still emerging, the TXSE's arrival could potentially shake up the landscape of US stock exchanges. We'll be keeping an eye on how this story unfolds.
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Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...