NEW TEXAS STOCK EXCHANGE TAKES AIM AT NEW YORK'S DOMINANCE

Summary from the TLDR newsletter

The Texas Stock Exchange (TXSE) plans to file registration documents with the Securities and Exchange Commission later this year. It aims to begin facilitating trades in 2025 and host its first listing in 2026. The exchange will be entirely electronic, but it will have a physical presence in downtown Dallas. It plans to compete for primary and dual listings and attract listings of exchange-traded products.