Texas Stock Exchange

Organization

A proposed new stock exchange to be based in Dallas, Texas, backed by BlackRock and Citadel. It aims to be a 'CEO-friendly' and 'anti-woke' alternative to the NYSE and Nasdaq.


First Mentioned

10/12/2025, 5:34:25 AM

Last Updated

10/12/2025, 5:35:57 AM

Research Retrieved

10/12/2025, 5:35:57 AM

Summary

The Texas Stock Exchange (TXSE) is a planned national securities exchange set to be headquartered in Downtown Dallas, Texas, United States. Led by CEO James Lee, it has secured approximately $161 million in financing from institutional investors such as Charles Schwab, Fortress, BlackRock, and Citadel Securities as of January 2025, making it the most well-capitalized exchange to ever submit a registration to the U.S. Securities and Exchange Commission (SEC). The TXSE aims to provide a CEO-friendly alternative to established exchanges like the New York Stock Exchange and Nasdaq, offering a fully electronic platform for U.S. and global companies, including double listings and exchange-traded products. The SEC granted its approval for TXSE to operate as a national securities exchange on September 30, 2025, with plans to launch its platform in late 2025 and host its first listings in 2026.

Referenced in 1 Document
Research Data
Extracted Attributes
  • CEO

    James Lee

  • Type

    National stock exchange

  • Status

    Planned/Approved

  • Funding

    Approximately $161 million (as of January 2025)

  • Website

    txse.com

  • Headquarters

    Downtown Dallas, Texas, United States

  • Platform Type

    Fully electronic

  • Initial Market Potential

    Approximately 1,000 publicly traded companies and 14,000 private equity-backed companies in the 'southeast quadrant' of the U.S.

Timeline
  • Announcement of intent to launch with $120 million in backing. (Source: Web Search Results)

    2024-06

  • Investments totaled approximately $161 million. (Source: Wikipedia, Web Search Results)

    2025-01

  • U.S. Securities and Exchange Commission (SEC) granted approval for TXSE to operate as a national securities exchange. (Source: Summary, Wikipedia, Web Search Results)

    2025-09-30

  • Planned launch of its platform and facilitation of trades. (Source: Summary, Wikipedia)

    2025-Q4

  • Planned host of its first listings. (Source: Summary, Wikipedia)

    2026

Texas Stock Exchange

The Texas Stock Exchange (TXSE) is a planned national stock exchange to be headquartered in Downtown Dallas, Texas, United States. The group behind the exchange, led by TXSE CEO James Lee, is financed by institutional investors including Charles Schwab, Fortress, BlackRock, and Citadel Securities, with investments totaling approximately US$161 million as of January 2025. The exchange is planned to launch its platform and facilitate trades in late 2025, and host its first listings in 2026. It is expected to accept double listing of companies already present on NYSE or Nasdaq and will accept listings of ETFs and other exchange-traded products. According to U.S. Securities and Exchange Commission (SEC) filings, the committed investment makes TXSE the most well-capitalized exchange to ever submit a registration to the SEC. On September 30, 2025, the SEC granted its approval for TXSE to operate as a national securities exchange.

Web Search Results
  • Texas Stock Exchange - Wikipedia

    The Texas Stock Exchange (TXSE) is a planned national stock exchange to be headquartered in Downtown Dallas, Texas, United States. The group behind the exchange, led by TXSE CEO James Lee, is financed by institutional investors including Charles Schwab, Fortress, BlackRock, and Citadel Securities, with investments totaling approximately $161 million as of January 2025. The exchange is planned to launch its platform and facilitate trades in early 2026, and host its first listings by the end of [...] Jump to content # Texas Stock Exchange Add links From Wikipedia, the free encyclopedia Planned stock exchange Texas Stock Exchange | | | | Type | Stock exchange | | Location | Dallas, Texas, United States | | Founded | 2025 (2025) (planned) | | Key people | James H Lee (CEO) | | Website | txse.com | [...] The exchange estimates its initial potential market includes approximately 1,000 publicly traded companies and 14,000 private equity-backed companies based in the "southeast quadrant" of the United States (seQ), an area stretching from Texas to North Carolina. Dallas, which hosts a Federal Reserve Bank and 24 Fortune 500 companies, is considered the nation's second-biggest financial hub by number of industry employees. The proposal to establish TXSE comes at a time when several Fortune 500

  • The Texas Stock Exchange: A New Era for Public Markets in the ...

    Move over Wall Street, here comes Y’all Street. The Texas Stock Exchange (TXSE) is set to launch in Dallas, Texas with plans to begin trading in the second half of 2026, according to people familiar with the matter. The TXSE would be the first major U.S. stock exchange to launch in decades and has secured over $120 million in funding from investors. The exchange aims to provide an alternative to existing exchanges. [...] Enhanced Market Competition. The TXSE aims to introduce competition to the current U.S. capital markets, offering an option to the New York Stock Exchange (NYSE) and NASDAQ. This competition may drive down listing fees, improve service quality, and foster innovation in trading technology and market structure. [...] Regulatory Flexibility and Efficiency. Texas has a regulatory climate characterized by lower taxes and business-oriented policies. Companies wishing to be listed on the TXSE may benefit from Texas’s business environment, potentially reducing compliance costs and administrative burdens. Additionally, compared to other exchanges, the TXSE may provide more straightforward and less burdensome listing requirements beyond those the Securities and Exchange Commission mandates, including reduced

  • Texas Stock Exchange | Official Site

    TXSE has received SEC approval to operate as a national securities exchange. View our press release # The only national securities exchange‍built and headquartered in Texas. The Texas Stock Exchange aims to revitalize competition for issuers, establish the premier venue for listings, and create a world-class trading platform for all market participants. About TXSE Excellent, user-centric services Long-termcommitment Partnership with issuers and investors Excellent, user-centric services [...] TXSE is the most well-capitalized equities exchange to ever be approved by the SEC. #### Built by market veterans. Backed by world-class institutions. Ready to innovate. Leadership Our leadership team combines extensive market expertise and regulatory experience with long track records of leading high-performing businesses across industries. Meet the team Board [...] Long-termcommitment Partnership with issuers and investors Excellent, user-centric services Long-termcommitment Partnership with issuers and investors Excellent, user-centric services Long-termcommitment Partnership with issuers and investors #### Expanding competition and opportunity. TXSE's goal is to provide greater alignment for issuers and investors and bring innovation and competition to the U.S. equity markets. See our solutionsBecome a member #### Making history.

  • SEC approves newest national stock exchange, based in Texas

    The Texas Stock Exchange on Tuesday crossed its latest hurdle toward becoming a direct competitor to the dominance of the New York Stock Exchange and the Nasdaq. The announcement that the U.S. Securities and Exchange Commission had approved the Dallas-based startup to operate as a national exchange was met with celebration by Texas lawmakers, including Gov. Greg Abbott, who declared “Texas is swiftly becoming America’s financial hub.” [...] Image 4: Downtown Dallas photographed on October 1, 2025. Texas Stock Exchange (TEXSE) is anticipated to open in Q1 of 2026./ Downtown Dallas. The Texas Stock Exchange (TEXSE) will be based in the city, which has become a finance hub. Credit: Johnathan Johnson for The Texas Tribune Attempts to create a third, dominant national exchange have largely floundered, failing to attract a significant number of companies that want to list on their exchange. [...] The hype around the Texas Stock Exchange, or TXSE (pronounced Tex-ee), has been building since the June 2024 announcement that the exchange intended to launch with $120 million in backing from investment large firms like BlackRock and Citadel Securities, making it one of the most well-funded attempts at a new national exchange in decades.

  • About TXSE - Texas Stock Exchange

    The Texas Stock Exchange aims to be a fully electronic national securities exchange that will enable U.S. and global companies to access U.S. equity capital markets — providing the premier venue to list and trade public companies and the growing universe of exchange-traded products (ETPs). Learn More # About TXSE #### TXSE means business [...] The Texas Stock Exchange seeks to establish the premier venue for listings — with high standards centered on quality — along with a fully electronic, innovative platform for trading. TXSE will be headquartered in Dallas and plans to serve U.S.-based and international issuers, investors, and market participants. 50+ Texas is home to more than 50 Fortune 500 companies. 6 1 in 10 One in 10 public companies in the U.S. calls Texas home.7 #1 [...] A national securities exchange based in Texas has been a long time coming. More than 50 years ago, the Texas legislature commissioned a study on the feasibility of a Texas-based securities exchange. In the decades since, the state's diversified economy has only continued to flourish. Leading global companies in aerospace, agriculture, energy, finance, healthcare, manufacturing, technology, and more call Texas home — and they've spurred game-changing ideas and breakthrough discoveries.

Location Data

Stock Exchange Bank, Texas Avenue, Woodward, Woodward County, Oklahoma, 73801, United States

bank

Coordinates: 36.4351070, -99.3922733

Open Map