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More PR than anything. The way these things work is a press release is made off the back of regulatory filings. Market interest and chatter is gauged. Then the slow cogs of the SEC start grinding. Remember the "ARCA 24 hour trading" press release from a few months back? Yeah, we still dont have that...

Also note that there are 16+ exchanges in the US with protected quotes. And 30+ dark pools (ATSs). There are many venues to trade.

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The CEO of ICE (the holding company of NYSE) is married to Kelly Loeffler, who was the republican senator from Georgia from 2020-2021.

That's an interesting tidbit, but how is this related to the discussion? Maybe I'm missing something?

The political aspect of these is what made them successful, not hard work. So they are evil.

Trying to move business away from a blue state by setting it up in a red state purely for political reasons.

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