ACCESSWIRE
State Stox Enables New York State Residents to Invest Locally - Dealing Only in New York Companies - Helping NY Businesses Recover from the Pandemic
New Platform Trades Securities Exclusively in the Form of Digital Tokens Using Blockchain Technology
NEW YORK, NY / ACCESSWIRE / September 1, 2021 / As nearly one-third of small and mid-sized businesses in New York, about 260,000 companies, were adversely impacted by the pandemic and many closed their doors in recent months, today State Stox NY unveiled its new single dealer market providing liquidity to securities that are quoted on its electronic trading platform. The system enables New Yorkers to invest in local businesses supporting their communities. The new venue comes at a time when the Covid-19 pandemic has made clear the importance of 'Buy Local' campaigns as more residents recognize that healthy local business can strengthen the economies of local communities.
'State Stox taps into New York's large base of over 100,000 active investors - more investors than most states. This home-state investor base is an under-utilized resource,' said Chip Daniels, Chairman of State Stox. 'State Stox's mission is to help New Yorkers invest locally. We make it easy to buy stocks of New York State companies.'
This historic event will take place at State Stox's new trading center at Rockefeller Center, 3 West 51st Street, at 9:00 a.m. on October 12th, 2021. New York State Senator Martucci, ranking member of the New York...
Read Full Story: https://www.bignewsnetwork.com/news/270970370/job-recovery-and-growth-in-ny-accelerated-by-state-stox---a-newly-launched-trading-venue-to-focus-on-local-community-investing-in-new-york
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.