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Texas Stock Exchange: Aiming to Lower Fees and Increase Market Competition
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13,628 Views • Jul 8, 2024 • Click to toggle off description
Public companies and brokers have long criticized the high fees at NASDAQ and the New York Stock Exchange, which they paid for access to deep capital markets. These high fees have driven 40% of trading volume off these exchanges, resulting in reduced liquidity and worse pricing. The new Texas Stock Exchange, led by CEO James Lee, aims to create more competition focused on activity, liquidity, and transparency. While the exact fee structure remains unknown, the promise of reduced costs and increased competition could revolutionize the trading landscape.

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Views : 13,628
Genre: Entertainment
Date of upload: Jul 8, 2024 ^^


Rating : 4.933 (14/821 LTDR)

98.32% of the users lieked the video!!
1.68% of the users dislieked the video!!
User score: 97.48- Overwhelmingly Positive

RYD date created : 2024-07-11T02:38:36.104038Z
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YouTube Comments - 17 Comments

Top Comments of this video!! :3

@corrysmith

3 weeks ago

Let's go Texas!

8 |

@marvinpostadan3484

3 weeks ago

Good idea! Hopefully the idea does not get shut down by government red tape!

7 |

@sellsformoola

3 weeks ago

Texas needs their own stock exchange.

3 |

@carriethompson1879

3 weeks ago

Good for you Texas!

2 |

@palirvin1871

3 weeks ago

Even if I don't live in Texas I am very proud of the state and their 'can do' attitudes. I wish them luck on this.

2 |

@johnnym8717

3 weeks ago

That's the free market right there

1 |

@tomitheus

3 weeks ago

Let's do this

1 |

@bitobest8319

3 weeks ago

Have you explored who owns the stocks, from a legal perspective, in brokerage accounts? You may be surprised to learn who the legal owner is.

2 |

@MatthewRogerson-wk3bd

3 weeks ago

Three companies own almost 90% of the s&p 500. This is nothing but theater. This guy is completely bought and paid for

1 |

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