Empowering Texas Businesses to Thrive Through Capital Markets Innovation
As the global financial landscape continues to evolve, Nasdaq, the leading provider of trading, clearing, exchange technology, and public company services, has announced a strategic move to deepen its commitment to the Texas region. In a bold initiative, the exchange has appointed Rachel Racz, a Texas native and seasoned industry veteran, to spearhead its newly established Texas, Southern U.S., and Latin America regional franchise.
Strengthening the Texas Economy Through Capital Access
Nasdaq’s decision to create a dedicated regional structure underscores the company’s recognition of the immense economic potential and dynamism of the Lone Star State. Texas is home to over 200 Nasdaq-listed companies, representing a staggering $1.3 trillion in market capitalization. This vibrant business ecosystem has been a driving force behind the state’s remarkable growth, and Nasdaq is poised to be a catalyst for continued prosperity.
Fostering Deeper Connections with Texas Clients
At the heart of Nasdaq’s regional strategy is a commitment to enhancing client connectivity and elevating the client experience. By establishing a dedicated team focused on the Texas, Southern U.S., and Latin America region, the exchange aims to better understand the unique needs and challenges faced by local businesses, enabling it to provide tailored solutions and support.
“Nasdaq’s success has always gone hand in hand with our clients’ success,” said Nelson Griggs, Nasdaq President and Head of the Capital Access Platforms Division. “Our new regional structure will allow us to be even more closely connected to our clients, which will deepen our role as their trusted partner and fuel their growth as they leverage the power of markets.”
A Texas Native’s Homecoming and Advocacy
Spearheading this regional initiative is Rachel Racz, a Texas native with over 15 years of experience in the capital markets industry. Racz’s deep understanding of the local business landscape, coupled with her extensive expertise in client engagement and strategic investor relations, positions her as the ideal leader to drive Nasdaq’s vision for the region.
“I am thrilled to return to Nasdaq and lead the newly established Texas, Southern United States, and Latin America regional franchise,” Racz expressed. “As a Texas native, I have had a front-row seat to the extraordinary growth of the Texas economy, and I am honored to help our clients across the region build on this momentum as we drive the next phase of growth.”
Unlocking the Power of Capital Markets for Texas Businesses
Nasdaq’s commitment to the Texas market extends beyond simply offering its core services. The exchange has pledged to be a strategic partner, leveraging its skills, capabilities, and expertise to help the state’s economy grow and thrive through the power of capital, technology, and markets.
“Throughout my career, I have been passionate about the power of markets to drive economic growth, scale innovation, and help innovators, companies, and leaders achieve their greatest ambitions,” said Racz. “I am excited to be a powerful advocate for the interests and needs of our clients across the region.”
Strengthening Nasdaq’s Presence Across Texas and Beyond
The creation of the Texas, Southern U.S., and Latin America regional franchise represents a significant milestone for Nasdaq’s operations. By establishing a dedicated team and leadership focused on this strategic market, the exchange aims to deepen its engagement with local businesses, better understand their unique requirements, and provide tailored solutions to support their growth and success.
As Texas continues to solidify its position as a hub of innovation, entrepreneurship, and economic dynamism, Nasdaq’s enhanced regional presence and the appointment of Rachel Racz as its regional leader signify the exchange’s commitment to being a trusted partner in the state’s ongoing prosperity.
Nasdaq’s Commitment to the Texas Community
Nasdaq’s involvement in the Texas community extends beyond its core business operations. The exchange has a long-standing tradition of advocacy and community engagement, working closely with state and local governments to support initiatives that drive economic development and improve the quality of life for residents.
Investing in Texas Infrastructure and Innovation
One of Nasdaq’s key initiatives in Texas has been its support for infrastructure projects and technological advancements. The exchange has collaborated with state and local authorities to identify strategic investments that can enhance the region’s competitiveness, facilitate business growth, and improve the overall quality of life for Texans.
“Nasdaq is an integrated part of the Texas and regional economic fabric and a longstanding advocate for the communities that define it,” Griggs emphasized. “We are committed to being a partner to the states in which we operate, leveraging our skills, capabilities, and expertise to help every economy grow and thrive through the power of capital, technology, and markets.”
Fostering Sustainable Development and Environmental Stewardship
Nasdaq’s commitment to Texas extends beyond economic development. The exchange has also been a champion of sustainable practices, working closely with local organizations to promote environmental stewardship and address pressing challenges such as water scarcity and waste management.
Through partnerships with community-based groups and non-profit organizations, Nasdaq has supported initiatives aimed at improving access to clean water, enhancing sanitation services, and educating residents on sustainable living. By aligning its corporate social responsibility efforts with the unique needs of the Texas community, Nasdaq has demonstrated its holistic approach to supporting the state’s long-term prosperity.
Empowering the Next Generation of Texas Leaders
In addition to its infrastructure and sustainability initiatives, Nasdaq has also invested in the future of Texas by supporting educational programs and leadership development opportunities. The exchange has collaborated with local schools, universities, and non-profit organizations to provide scholarships, internships, and mentorship initiatives, helping to nurture the next generation of Texas innovators, business leaders, and community advocates.
“Nasdaq’s commitment to Texas extends far beyond our core business operations,” Racz affirmed. “We recognize the importance of investing in the state’s future by supporting the growth and development of its people, communities, and institutions. As a Texas native, I am deeply passionate about this work and the lasting impact it can have on the region.”
Conclusion: Nasdaq’s Texas Transformation
Nasdaq’s strategic move to establish a dedicated regional franchise for Texas, the Southern U.S., and Latin America represents a significant milestone in the exchange’s ongoing commitment to the Lone Star State. With the appointment of Rachel Racz, a respected industry veteran and Texas native, at the helm, the exchange is poised to deepen its engagement with local businesses, foster greater economic prosperity, and champion the values that define the Texas community.
Through its multifaceted approach, Nasdaq is not only empowering Texas companies to thrive in the global capital markets but also investing in the state’s long-term resilience, sustainability, and leadership. As the Texas economy continues to evolve and diversify, Nasdaq’s enhanced regional presence and partnership will undoubtedly play a crucial role in unlocking new avenues for growth, innovation, and community development.
