TXSE says SEC approves application for new Dallas-based stock exchange
https://www.reuters.com/legal/government/txse-says-sec-approves-application-new-dallas-based-stock-exchange-2025-09-30/Sept 30 (Reuters) - The TXSE said on Tuesday that the SEC has approved its application to launch a new stock exchange, clearing the way for the Dallas-based Texas Stock Exchange to begin trading stocks and exchange-traded products by early 2026.\
The venture, backed by investment industry heavyweights including BlackRock (BLK.N), opens new tab, Citadel Securities and Charles Schwab (SCHW.N), opens new tab, aims to chip away at the dominance of the two existing national stock exchanges which, in addition to trading, offer listing services to companies seeking to tap into public markets in the U.S.
NYSE is going to see competition from the TXSE.