Finance

Nasdaq Unveils Plan to Open a Regional Headquarters in Dallas

In September, Nasdaq unveiled plans to reorganize its listing business into three regional divisions.Photographer: Jeenah Moon/Bloomberg

Nasdaq Inc. said it will open a new regional headquarters in Dallas to serve as a hub for clients in Texas, and is planning additional investments in the state.

The exchange operator generates more than $750 million in revenue in Texas and the US Southeast, and has about 800 clients in the state, the New York-based company said in a statementBloomberg Terminal Tuesday. More than 200 Nasdaq-listed companies have headquarters in Texas, representing $1.98 trillion in market capitalization as of December.