The Texas Stock Exchange (TXSE), backed by BlackRock and Citadel Securities, plans to challenge NYSE and Nasdaq, aiming for SEC registration this year and trading by 2025, with first listings in 2026.
The Texas Stock Exchange is a new competitor to the New York Stock Exchange and Nasdaq, and investors like BlackRock and Citadel Securities are supporting it because of the state's thriving economy.
The Wall Street Journal reports that the TXSE intends to file registration filings with t...