Why Texas Is Betting 'Y'all Street' Can Take on Wall Street
Backed by Goldman Sachs and BlackRock, the startup opened for trading in July as Texas financial firms expand their reach.
- The Texas Stock Exchange began operations in Dallas this July, aiming to challenge the dominance of the New York Stock Exchange and Nasdaq in U.S. equity markets.
- Texas boasts the most Fortune 500 companies in the nation, outpacing California and New York, while the North Texas region is projected to reach 9 million people by next year.
- Goldman Sachs is investing $700 million into an 800,000-square-foot Dallas campus scheduled to open in 2028, with space to eventually employ more than 5,000 local workers.
- Dallas Mayor Eric Johnson frames the influx of companies as partnership, saying "I really do believe that we represent the future of capitalism in this country, and we are a sanctuary city from socialism."
- Despite the excitement, the Texas Stock Exchange faces an uphill battle against established competitors, as financial giants expanding in Texas still maintain their primary headquarters in New York.
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Texas Stock Exchange Launches
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NEWS HEADLINES: ‘Y’all Street’ comes to life: Texas Stock Exchange fully launches operations – One America News Network
View of the Dallas skyline on July 21, 2020, in Dallas, Texas. (Photo by VALERIE MACON/AFP via Getty Images) OAN Staff Addie Davis11:09 AM – Sunday, August 2, 2026 The Texas Stock Exchange (TXSE), based in Dallas, officially went live as “Y’all Street” makes its bid to compete with the duopoly of Nasdaq and Wall Street giant, the New York Stock Exchange. Describing itself as the only national securities exchange built, headquartered and incorpor…
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