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The Texas Tribune
The Texas Tribune
National
Paul Cobler

Texas Stock Exchange launches trading in test of upstart’s challenge to Wall Street

TXSE Nasdaq Texas NYSE Ray Perryman Dallas the New York Stock Exchange Greg Abbott New York

The Texas Stock Exchange commenced trading on Monday, kickstarting the first real test of one of the most well-funded new exchanges to launch in decades.

The Texas Stock Exchange, a Dallas-based startup, is initiating a phased rollout to take place over the course of July. On Monday, the exchange opened to TXSE members, including approved broker-dealers, banks and trading firms, to trade test stocks initially, then the symbols for thousands of stocks and other equities will come online over the course of the month, allowing the public to start trading.

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