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Texas Stock Exchange Set to Challenge Wall Street Titans

10/6/2025

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Story summary
  • The Texas Stock Exchange (TXSE) won federal approval to operate as a national exchange, challenging NYSE and Nasdaq.
  • TXSE plans a fall launch with $120 million in backing from BlackRock and Citadel Securities.
  • The exchange will be digital yet keep a physical Dallas presence and market ceremonies.
  • Experts say TXSE could reshape the financial landscape and boost Texas's economy.