Will the dual listing increase overall liquidity and trading volume for FLOC?

Yes – the dual‑listing is likely to boost both liquidity and volume for FLOC, at least in the short‑to‑medium term.

From a fundamental standpoint, the move adds a second, fully electronic venue (NYSE Texas) that is designed to attract a broader pool of market participants, especially regional and high‑frequency traders who favor the lower‑latency, cost‑effective Dallas‑based platform. Maintaining the primary NYSE listing preserves the existing institutional base, while the additional venue creates a “cross‑market” effect: any order flow that might have been routed elsewhere now has a direct, same‑ticker outlet, encouraging market‑maker participation and tighter spreads. The company’s decision to keep the ticker unchanged (FLOC) simplifies the transition, reducing friction for existing holders and making the new shares instantly visible to the broader investor community.

On the technical and market‑microstructure side, dual‑listing typically generates a modest but measurable uptick in daily average volume (ADV) as traders split execution between the two venues, especially during the initial rollout period. The electronic nature of NYSE Texas means higher order‑book depth and faster execution, which can attract algorithmic strategies that seek venues with superior latency. In the first weeks after the August 15 launch, you can expect a “volume bump” as market makers and liquidity providers calibrate their participation, reflected in higher on‑balance‑volume (OBV) and a possible short‑term price rally if the added demand outpaces supply. Over time, the incremental liquidity should help smooth price discovery, reduce bid‑ask spreads, and lower the market‑impact cost for larger trades.

Actionable take‑aways:

- Short‑term: Anticipate a modest upside in price and tighter spreads as the new venue draws order flow. A bullish bias with a stop a few points below the pre‑listing low can capture the initial liquidity‑driven rally.

- Mid‑term: Monitor volume metrics on both NYSE and NYSE Texas; a sustained increase in combined ADV and a narrowing spread signal lasting liquidity benefits, supporting a longer‑term neutral‑to‑bullish stance.

- Risk: If the dual‑listing fails to attract enough new participants, volume could revert to pre‑listing levels, so keep a flexible position size and watch for any decay in OBV or widening spreads as a warning sign.