Reported about 8 hours ago
The Texas Stock Exchange (TXSE) has submitted an application to become a national securities exchange, targeting a launch in early 2026. The move seeks to challenge the dominance of New York's exchanges and address the decline in publicly traded companies by reducing the costs associated with going public. TXSE has secured $161 million in funding from prominent investors and plans to establish its headquarters in Dallas, featuring modern facilities. Industry experts indicate that TXSE will need to offer competitive advantages to attract businesses amidst a challenging market.
Source: YAHOO