Texas Stock Exchange Launches Trading, Targets $8.9 Trillion Boom Belt for 2027 IPOs
Updated
Updated · Fox Business · Jul 31
Texas Stock Exchange Launches Trading, Targets $8.9 Trillion Boom Belt for 2027 IPOs
3 articles · Updated · Fox Business · Jul 31
Summary
Dallas-based TXSE went fully live Friday, opening trading in all listed tickers as the first new major U.S. stock exchange to launch in decades.
The exchange plans to start corporate listings later in 2026 and facilitate IPOs in 2027, pitching itself as the only primary listings venue built and headquartered in the South's "Boom Belt."
TXSE says that region generates $8.9 trillion in annualized GDP, handles 40% of U.S. exports and accounted for 57% of U.S. job growth over the past five years.
BlackRock, Goldman Sachs and Charles Schwab are among its backers, while NYSE and Nasdaq have already opened Texas venues to attract dual listings at no cost.
The launch aligns with Texas' broader push to lure headquarters and incorporations with business-friendly policies, as TXSE prepares a permanent Dallas base in Bank of America Tower.