US EditionTexas Stock Exchange Gets Federal Approval as State Tries to Compete with New York Heavyweights
Texas Stock Exchange secured $120 million in investment and aims to leverage Texas's strong economy and lower fees to challenge NYSE and Nasdaq dominance.
- The hype around the Texas Stock Exchange , one of the most well-funded attempts at a new national exchange in decades, has been building since its announcement in June 2024.
- The Dallas-based startup TXSE, with $120 million in backing from investment firms like BlackRock and Citadel Securities, received approval from the U.S. Securities and Exchange Commission to operate as a national exchange.
- Texas lawmakers, including Gov. Greg Abbott, celebrated TXSE's approval, with Abbott declaring 'Texas is swiftly becoming America's financial hub.
13 Articles
13 Articles
Associated Press News
Texas Stock Exchange closer to opening with approval from the US Securities and Exchange Commission
The Texas Stock Exchange has crossed its latest hurdle toward becoming a direct competitor to the dominance of the New York Stock Exchange and the Nasdaq.
Texas stock exchange gets SEC approval as state aims to compete with New York heavyweights
The Texas Stock Exchange is set to launch in Dallas next year, as economists wait to see if “Y’all Street” can challenge New York’s dominance in the financial sector.
Texas stock exchange gets federal approval as state tries to compete …
The Texas Stock Exchange is expected to launch in Dallas next year, as economists wait to see if “Y’all Street” is big enough to support the exchange and challenge New York’s dominance in the financial sector.
Texas stock exchange gets federal approval as state tries to compete with New York heavyweights
The Texas Stock Exchange is expected to launch in Dallas next year, as economists wait to see if “Y’all Street” is big enough to support the exchange and challenge New York’s dominance in the financial sector.
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