PANews reported on March 18 that Nasdaq, long associated with the prime location of Times Square, will open its first regional headquarters in Dallas, according to people familiar with the matter. This is its latest move into Texas, which is trying to replace the Northeastern United States as the commercial center of the United States. Nasdaq will establish its regional headquarters in Dallas, home to the so-called Y'all Street, later this year. According to people familiar with the matter, the office's focus will not only be on successful listings (often seen as a prestige business for stock exchanges). It will also house some of Nasdaq's technology and financial crime management businesses to help Nasdaq's clients detect fraud and money laundering.