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JUST IN: S&P, MSCI AND FTSE RUSSELL HAVE CLEARED THE TEXAS STOCK EXCHANGE FOR INDEX ELIGIBILITY.
TXSE says all major global index providers have now updated their methodologies so companies transferring their primary listing to the Texas exchange can remain eligible for the major U.S. indexes and the investment products that track them.
That removes a major practical obstacle for boards considering moving a public company’s primary listing to Texas. TXSE says S&P DJI, MSCI, FTSE Russell, Nasdaq, Morningstar/CRSP and others now recognize TXSE-listed securities.