The Texas Stock Exchange (TXSE) officially commenced trading on July 8, 2026. The fully electronic exchange initiated a phased rollout from its Dallas headquarters. TXSE aims to capitalize on the growing economic power of Texas.
The exchange raised over $275 million from private investors. Major backers include financial giants BlackRock and Citadel Securities. TXSE aims to challenge the market dominance of the New York Stock Exchange and Nasdaq.
The platform currently trades existing securities. TXSE plans to list exchange-traded products (ETPs) by the third quarter of 2026. Corporate listings will follow in the fourth quarter of 2026.
The NYSE and Nasdaq already launched competing Texas-based exchanges in response.