• Mar 13, 2025

Stock Turmoil Spreads as Fear Hits the World of Corporate Bonds

(Bloomberg) -- As stocks stumbled in recent weeks, a cohort of Wall Street pros took solace as credit markets held firm and economic data proved benign.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureOn Thursday, neither offered

  • Mar 13, 2025

Texas Stock Exchange hires top ETF executives from Cboe, Nasdaq

The Texas Stock Exchange (TSXE), still months away from winning regulatory approval to begin operations, said it hired senior exchange-traded funds executives from Cboe Global Markets and Nasdaq to win a share of trading in the $11 trillion U.S. ETF market. It announced on Thursday that Robert Marrocco, formerly global head of ETP, or exchange-traded products, listings at Cboe Global Markets, will take on the same role at TXSE and Alison Hennessy, the former head of ETP listings at Nasdaq, will become managing director of exchange traded products.