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NYSE, Nasdaq Say They’re Serious About Leaving New Jersey Over Financial Transaction Tax

Stock Exchanges Aren’t Appeased by Amendments to Levy Proposal That Could Impact Data Centers
The New York Stock Exchange has tested operating its electronic-trading systems outside of New Jersey. (Getty Images)
The New York Stock Exchange has tested operating its electronic-trading systems outside of New Jersey. (Getty Images)
CoStar News
October 19, 2020 | 11:23 P.M.

The New York Stock Exchange and Nasdaq Stock Exchange told New Jersey lawmakers that they’re not bluffing when they threaten to move their stock-trading systems out of the state over a proposed tax, and they’re not appeased by recent amendments to that controversial levy.

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