Texas Stock Exchange opens with millions in investment from BlackRock, Charles Schwab. A phased rollout will take place over July. * hannah brewer * jul 9, 2026. The Texas Stock Exchange (TXSE) officially opened this week to begin trading a designated group of test securities. Thousands of companies will be continually introduced through a gradual rollout approach after the opening on Monday. On Friday, July 10, live trading begins with an initial set of symbols, and by July 31, all National Market System symbols will be live. Exchange-traded products, or ETPs, will be available later in the year. Touting itself as the only national securities exchange "built, headquartered, and incorporated in Texas," the TXSE also claims to be the "most well-capitalized securities exchange to ever be approved by the [Securities and Exchange Commission (SEC)]." Total investment in TXSE has come out to over $275 million, with some of the exchange's key institutional backers including BlackRock, Citadel, Charles Schwab, and JP Morgan Chase. The TXSE received approval from the SEC in September 2025, and was directed that it could open to begin trading in 2026. The nascent Dallas-headquartered exchange boasts the benefit of housing operations within the lucrative "boom belt" in the southeastern U.S., spanning Texas to the Carolinas. TXSE calls the boom belt the "center of gravity for American Capitalism" - quoting Gov. Greg Abbott from an April TXSE event - as the area is flush with economic opportunity and home to 125 Fortune 500 company headquarters; a higher annualized GDP than any other area of the U.S.; and the nation's bulk of population growth. The Texan spoke with Dr. James Kolari, Professor of Finance at Texas A&M University's Adam C. Sinn '00 Department of Finance, about the impact the presence of the stock exchange will likely have on the state and national economy. "When we put this financial engine up in Dallas, or in Texas, we're going to attract capital," stated Kolari. He added that the exchange would likely draw more companies to the state, as has been the case in recent years thanks to Texas' business-friendly legislation and lower regulatory requirements. Kolari stated that the TXSE will likely draw attention from data center and AI computing companies: "You have to attract the capital to build that AI infrastructure, and how you get that capital is through something like this." Kolari also stated that the TXSE is "a financial engine" that's going to power the growth of Texas and the United States. "If you want to have better schools, better roads, and a better country, you need a stock exchange." He sees the development as a "tremendous leap" in the financial sector of the state, and a step in the right direction of building the state's financial system. "We strengthen not only our state but our entire nation as well." Last year, the New York Stock Exchange (NYSE) announced plans to reincorporate its Chicago electronic equities exchange in Dallas, another addition to the North Texas financial hub. The Nasdaq made similar moves in 2025, choosing to open new regional headquarters in Dallas. Competition is growing in Dallas' maturing financial nexus; the metropolis already hosts the addresses of giants Goldman Sachs, JP Morgan Chase, and Charles Schwab. Kolari optimistically spoke to the competition presented by NYSE Texas and Nasdaq Texas: "By having competition, you're going to have better stock exchanges and lower prices. More funds will be attracted to them, and they'll become stronger." "Texas is just growing rapidly. We have a demand for capital, and it couldn't come at a better time in our history to build this financial engine. We have great banks, but we need a securities market," he continued. "This completes our financial system." Abbott, in a post on X, praised the opening of the TXSE: "Welcome to Y'all Street! Texas is bringing more competition, more opportunity, and more economic freedom to the national stage." Last May, Abbott signed into law Senate Bill (SB) 1058 and House Joint Resolution 4 that allowed for "a franchise tax exemption for stock exchanges operating in Texas for certain tax liabilities," and for "a constitutional ban on a stock exchange transaction tax and an occupations tax," respectively. Abbott also signed into law SB 29 the same day. Upon the announcement Abbott stated, "Business decisions are to be made by the elected officers and shareholders, not by unelected judges." "These three laws will solidify our status as the best state for doing business for many years to come." TXSE Group Inc. Founder, Chairman, and CEO James Lee stated about the governor's legislative advances, "Texas will now be the No. 1 choice for corporate registrations and relocations, as well as the premier destination for securities listings." "Our state is truly becoming the center of gravity for American capitalism." Disclosure: Unlike almost every other media outlet, The Texan is not beholden to any special interests, does not apply for any type of state or federal funding, and relies on its readers for financial support. Get "kb's hot take" A free bi-weekly commentary on current events by Konni Burton.

The Texas Stock Exchange (TXSE) in Dallas began test trading on Monday for members only, with public trading set to launch on Friday, 10 July. The exchange will initially trade only a few securities, including Pembina Pipeline Corporation, PDF Solutions, Invesco S&P 500 High Dividend Low Volatility ETF, Scholar Rock Holding Corporation, and Veracyte. No company is listed on the exchange yet. TXSE is backed by major financial institutions including Bank of America, BlackRock, Charles Schwab, Citadel, Goldman Sachs, and J.P. Morgan. The US Securities and Exchange Commission approved the exchange in September 2025. The exchange operates from Dallas' "Y'all Street" financial corridor, which houses 386,000 financial sector workers across Texas.

IPC Systems announced it will provide extranet connectivity to the Texas Stock Exchange (TXSE) ahead of the exchange's market launch in July 2026. The collaboration enables market participants to begin preparing operationally and strategically before trading commences. TXSE is the only national securities exchange built and headquartered in Texas. It is backed by major financial institutions and aims to offer a faster-moving, lower-cost, and business-friendly alternative for listing and trading. Early connectivity through IPC's global financial ecosystem allows firms to complete exchange onboarding and certification activities before the first trade. Rick Yoder, TXSE's chief technology officer, said reliable, high-speed connectivity is foundational to delivering a strong trading experience. IPC's ecosystem spans buy-side, sell-side, exchanges, and service providers across asset classes.