NYSE launching in Texas: Texas Stock Exchange would become a new hub for capital markets

Texas’ own stock exchange, which is expected to execute its first trades at the end of the year, is continuing to attract new business.

Texas’ own stock exchange, which is expected to execute its first trades at the end of the year, is continuing to attract new business.

The TXSE, based in Dallas, will act as a national exchange to offer global access for companies to list and trade shares. It will also “provide access to exchange traded funds in a range of data services,” TXSE Group Inc. Founder and CEO James Lee said in October when he and Gov. Greg Abbott announced the leadership of the newly formed Texas Stock Exchange (TXSE).

The TXSE will also provide an alternative to the New York Stock Exchange and Nasdaq, Lee said, pointing to Texas providing an alternative to greater regulatory burdens in New York, including those related to Diversity, Equity and Inclusion (DEI), The Center Square reported.

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