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Nasdaq to open regional headquarters in Dallas to serve Texas

Nasdaq hits Texas.

Photo by David Dee Delgado/Getty Images

On the heels of the New York Stock Exchange, another stock market player is joining Texas’ Wall Street soon: The financial institution Nasdaq is coming to Dallas, where it will set up a regional headquarters office.

The company, currently based in New York, is the third to join Texas’ so-called economic hub Y’all Street, which features both the New York Stock Exchange (NYSE) and Texas Stock Exchange.

According to a release, Nasdaq made the announcement during a luncheon on March 18 honoring Ross Perot Jr. for his contributions to the Texas economy with Governor Greg Abbott, Ross Perot Jr. in attendance.

Nasdaq is a stock market and global technology company that serves investment managers, banks, and brokers. They chose Dallas because out of their 2,000 clients, 800 are located in Texas, plus they have 200 listed companies that operate within the state contributing to $1.98 trillion in market capital.

Texas is especially ideal, boasting the eighth largest economy in the world valued at $2.6 trillion, according to the Texas Office of the Governor.

“Nasdaq is deeply ingrained in the fabric of the Texas economy, and we look forward to maintaining our leadership as the partner of choice for the state’s most innovative companies,” says Adena Friedman, Chair and CEO of Nasdaq, in a statement. “Beyond our listings franchise, we are proud to support a wide network of clients who trust us to help solve their most complex challenges.”

This announcement comes one month after the NYSE made its move known and six months after the Texas Stock Exchange was announced. The Texas Stock Exchange will begin trading in Dallas in 2026, pending approval from the U.S. Securities and Exchange Commission.

“Under the leadership of Governor Abbott, the Texas Miracle has made Texas synonymous with innovation-led growth and smart regulation,” says Executive Vice Chairman of Nasdaq Ed Knight in a statement. “We share his commitment to these principles and will continue to advocate passionately on our clients’ behalf. As a result, we will take any action needed to ensure our clients enjoy the same benefits as all other companies in the state.”

The Nasdaq, like the rest of the stock market, will operate electronically.

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Former Cowboy news

Ex-Dallas Cowboy Tony Romo placed on leave from CBS Sports after arrest

New York Upfront Partnership Event 2026 – Thursday, April 23rd

Photo by Noam Galai/Getty Images for Paramount

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Tony Romo has been placed on leave from his role as the lead analyst on CBS’ NFL coverage following his arrest last week on suspicion of operating a vehicle while under the influence.

CBS Sports announced Friday, July 31 that the former Dallas Cowboys quarterback was on leave “until further notice.” JJ Watt will join Jim Nantz and Tracy Wolfson as CBS Sports’ lead NFL team during Romo’s absence.

Romo, 46, was arrested July 23 after he was stopped while driving south on Interstate 43 in Wisconsin. According to the Milwaukee County Sheriff’s Office report, Romo performed poorly on field sobriety tests before getting taken into custody, booked and released.

He has a court date set for September 21.

CBS Sports’ announcement comes after citations released by the Milwaukee County Sheriff’s Office indicated an open bottle of an alcoholic beverage was found in the passenger’s side of Romo’s black Jeep during an inventory before it was towed.

According to the citations, police stopped Romo after he was seen passing cars in a gore area, which separates interstate traffic from cars entering from an on-ramp. Police said Romo questioned what a gore area was during the stop.

Body camera footage released earlier this week showed Romo telling deputies he had been coming from a golf course and was on his way “to visit grandma and grandpa” when he was stopped. A deputy told Romo he suspected him of being impaired because he had “red glassy eyes” and an “odor of an intoxicating alcoholic beverage.”

Romo went to high school about 35 miles from Milwaukee in Burlington, Wisconsin.

He has been the lead game analyst for CBS’ NFL coverage since 2017 after making four Pro Bowl appearances during an NFL career that ran from 2004-16 and was spent entirely with Dallas.

Romo remains the Cowboys’ franchise leader in career touchdown passes with 248. He held the franchise record for career passing yards (34,183) until Dak Prescott overtook him last season.

Super Bowl LVIII - San Francisco 49ers v Kansas City Chiefs Tony Romo has been placed on leave by CBS after arrest on suspicion of operating vehicle under the influence. Photo by Rob Carr/Getty Images

Watt joined CBS in 2023. He was an analyst on “The NFL Today” for two seasons before teaming with Ian Eagle on the network’s No. 2 crew beginning last season.

Romo wasn’t expected to have his first game until the opening Sunday of the regular season on September 13. CBS will air a preseason game between the Cincinnati Bengals and Philadelphia Eagles on August 28.

CBS likely will reveal its game assignments and announcer pairings for the first three weeks of the regular season in the next couple of weeks.

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