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Texas Stock Exchange

From Wikipedia, the free encyclopedia
Texas Stock Exchange
TypeStock exchange
LocationDallas, Texas, United States
Founded2025 (planned)
Key peopleJames Lee (CEO)
CurrencyUS dollar (US$)
Websitetxse.com

The Texas Stock Exchange (TXSE) is a planned stock exchange that will be headquartered in Downtown Dallas, Texas. The group behind the exchange, led by TXSE CEO James Lee, is financed primarily by BlackRock and Citadel Securities, with investments totalling approximately $120 million as of June 2024. The exchange is planned to facilitate trades by 2025 and host its first listing in 2026.[1][2][3][4]

References[edit]

  1. ^ Driebusch, Corrie (4 June 2024). "New Texas Stock Exchange Takes Aim at New York's Dominance". The Wall Street Journal.
  2. ^ Gleeson, Cailey (5 June 2024). "A Billionaire-Backed Texas Stock Exchange Is In The Works—Here's What To Know". Forbes.
  3. ^ Fine, Julie; Hagan, Shelly; Doherty, Katherine (5 June 2024). "BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSE". Bloomberg.
  4. ^ Osipovich, Alexander (7 June 2024). "A Texas Stock Exchange Wants to Take on New York. The Odds Aren't Good". The Wall Street Journal.