Hexis Capital Management to Move NICO ETF Listing to Texas Stock Exchange
Hexis Capital Management has announced that its actively managed Hexis Active Nicotine Engagement ETF (NICO) will transfer its primary listing from NYSE Arca to the Texas Stock Exchange (TXSE). The transition is scheduled for November 25, 2026, and the fund will continue to trade under the ticker symbol NICO. The move aims to leverage TXSE's Lead Market Maker program, which provides incentives designed to ensure tight spreads and consistent liquidity. Hexis CEO Pieter Vorster noted that the decision was driven by TXSE's specialized infrastructure for exchange-traded product (ETP) sponsors. The transfer will not impact the fund's investment strategy, management fees, or service providers, and requires no action from current shareholders.
Topics: ETF listing transfer Hexis Capital Management Nicotine sector investing Texas Stock Exchange