the staff of the Ridgewood blog
Mahwah NJ, The New York Stock Exchange is signaling that it will move its electronic trading systems out of New Jersey if the state implements a Governor Murphy proposed tax on financial transactions. The NYSE said Friday that it will run one of its exchanges from a backup site in Chicago for a week as a demonstration of its readiness to quit the state, according to a notice sent to clients.
Continue reading Financial Firms Including the NYSE Consider Moving Out of New Jersey