Dallas, Texas, October 6, 2025
News Summary
The U.S. Securities and Exchange Commission has approved the Texas Stock Exchange to operate as a national securities exchange, marking a significant milestone as the first fully integrated exchange in decades. Headquartered in Dallas, TXSE will begin offering trading services and corporate listings in 2026. With backing from major financial institutions, TXSE aims to enhance listing accessibility while maintaining high standards and encouraging public company growth in the region.
Dallas — The U.S. Securities and Exchange Commission (SEC) has granted approval for the Texas Stock Exchange (TXSE) to operate as a national securities exchange, marking the first new, fully integrated national securities exchange in decades. The exchange is headquartered in Dallas, Texas and is scheduled to begin offering trading services, exchange-traded products, and corporate listings in 2026.
Key facts and immediate impact
The SEC approval establishes the Texas Stock Exchange (TXSE) as a national platform designed to compete with existing U.S. exchanges. This approval marks the first new, fully integrated national securities exchange in decades. TXSE’s leaders say the exchange will initially target dual listings for companies already listed on other exchanges while aiming to attract new listings by easing certain listing hurdles and improving listing standards.
The TXSE Group emphasized that the exchange has completed a proprietary order matching engine and exchange platform built for low-latency performance, flexibility, and scalability. TXSE plans to maintain high quantitative standards while reducing certain regulatory burdens that it views as obstacles to public listings.
Timing, services and market focus
The TXSE is set to launch trading services, exchange-traded products (ETPs), and corporate listings in 2026. Initial operations will focus on dual listings for companies already listed on other exchanges, with the stated objective of reversing the nationwide decline in publicly listed companies by making listing pathways more accessible.
Financing, backing and leadership
The exchange is backed by major financial institutions, including BlackRock and Citadel Securities, and raised a total of $120 million from over two dozen investors. The TXSE Group also reports a leadership team with over 800 years of combined experience in U.S. capital markets. TXSE’s headquarters in Dallas officially opened in spring 2025.
State-level context and policy alignment
TXSE has led efforts for legislative and legal reforms intended to bolster Texas’s pro-business environment and make the state a premier location for corporate headquarters and listings. The group says the exchange aims to align with Texas’s economic growth and policy reform efforts at both state and federal levels. Texas Governor Greg Abbott praised the approval as a step toward making Texas a national financial hub.
Market rationale and regional data
TXSE’s approach is tied to observed regional market trends: public company valuations in the Dallas-Fort Worth area have reportedly doubled in five years. In 2024, Texas was home to nearly 10% of all initial public offerings (IPOs) in the U.S. The exchange’s backers and organizers view that environment as fertile for encouraging more companies to consider relocation or listing activity in Texas.
Technology and operational claims
According to TXSE Group materials, the proprietary order matching engine and platform are built to support low-latency execution, with flexibility and scalability intended to accommodate growth in order flow and product listings. The exchange plans to offer a mix of standard exchange services and specialized support for exchange-traded products and corporate listings.
Regulatory stance and standards
TXSE intends to keep some of the highest quantitative standards in the industry while streamlining processes that the group views as unnecessary hurdles for issuers. The exchange’s stated goal is to balance robust investor protections and reporting standards with procedural changes aimed at increasing the number of publicly listed companies in the U.S.
Next steps
With regulatory approval secured, TXSE will move toward operational testing, member onboarding, and the phased rollout of trading services ahead of its 2026 launch date. The exchange plans to continue advocacy for state and federal policy changes that its organizers say will support growth in public listings and corporate relocations to Texas.
Frequently Asked Questions
What action did the SEC take?
The U.S. Securities and Exchange Commission (SEC) has granted approval for the Texas Stock Exchange (TXSE) to operate as a national securities exchange.
Is this a common occurrence?
This approval marks the first new, fully integrated national securities exchange in decades.
Where is the exchange based?
TXSE is headquartered in Dallas, Texas.
When will TXSE begin offering services?
The TXSE is set to launch trading services, exchange-traded products (ETPs), and corporate listings in 2026.
Who is backing the exchange?
The exchange is backed by major financial institutions, including BlackRock and Citadel Securities, and raised a total of $120 million from over two dozen investors.
Has the headquarters already opened?
TXSE’s headquarters in Dallas officially opened in spring 2025.
| Feature | Detail |
|---|---|
| Regulatory status | The U.S. Securities and Exchange Commission (SEC) has granted approval for the Texas Stock Exchange (TXSE) to operate as a national securities exchange. |
| Significance | This approval marks the first new, fully integrated national securities exchange in decades. |
| Headquarters | TXSE is headquartered in Dallas, Texas. TXSE’s headquarters in Dallas officially opened in spring 2025. |
| Planned launch | The TXSE is set to launch trading services, exchange-traded products (ETPs), and corporate listings in 2026. |
| Backers and funding | The exchange is backed by major financial institutions, including BlackRock and Citadel Securities, and raised a total of $120 million from over two dozen investors. |
Deeper Dive: News & Info About This Topic
HERE Resources
Texas: The New Economic Powerhouse of America
Toll Brothers Unveils Luxury Home Community in Flower Mound
Major Art Exhibitions and Events Scheduled Across Texas
Texas Stock Exchange Set to Transform Trading Landscape
Texas Stock Exchange Set to Transform Financial Landscape
Data Center Boom in Dallas-Fort Worth Driven by AI Demand
Arcosa Announces Dual Listing on NYSE Texas
Dallas LGBTQ+ Community Celebrates Pride with Two Parades
Dallas Welcomes NYSE Texas: A New Chapter in Stock Trading
Dallas Business Leaders Discuss Financial Landscape
Additional Resources
- CBS News
- Wikipedia: Texas Stock Exchange
- Vinson & Elkins LLP
- Google Search: Texas Stock Exchange
- Reuters
- Encyclopedia Britannica: Texas Stock Exchange
- Dallas Express
- Google News: Texas Stock Exchange approval
Author: STAFF HERE DALLAS WRITER
DALLAS STAFF WRITER The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
