The event also commemorated the 190^th anniversary of the Battle of the Alamo, marking the first time a bell‑ringing ceremony has been held at the historic site. 

With the launch—which followed approval of Nasdaq Texas’ listing rules from the U.S. Securities and Exchange Commission—U.S. public companies now have a Texas-based exchange designed to allow issuers to leverage the state’s “business-friendly environment,” while maintaining access to Nasdaq’s suite of services and technology solutions, Nasdaq said.

But the new exchange faces competition in the Lone Star State. NYSE Texas launched last August from AT&T Stadium. And the Texas Stock Exchange, which debuted a longhorn vs. Wall Street bull media campaign just this week, plans to launch its own trading later this year.

Last March, Nasdaq announced that it would be opening a new regional headquarters in Dallas, as part of the growing list of companies claiming a stake on “Y’all Street.” The planned launch of Nasdaq Texas was first announced last November at Daniel Energy Partners’ 8th Annual Permian Basin Cook-Off in Midland.

Aligning with Texas’ ‘leadership, resilience, and growth’

Rachel Racz, SVP and head of listings for Texas, Central and Southern U.S., and Latin America at Nasdaq, said the full launch of Nasdaq Texas “represents a permanent, foundational commitment to the companies that want to build the future of the U.S. economy from this state.”

“By being part of this community, Nasdaq is aligning itself with the leadership, resilience, and growth that define Texas,” Racz added in a statement. “We’re proud to welcome our first cohort of dual-listed companies and look forward to supporting them with the full strength and capabilities of Nasdaq Texas.”

Abbott, Patrick joined dual listers at today’s launch

Governor Greg Abbott and Lt. Governor Dan Patrick were among the guests at today’s Nasdaq Texas launch event. They were joined by representatives of the first cohort of companies that will dual list on Nasdaq Texas: APA Corporation (Nasdaq: APA), Construction Partners Inc. (Nasdaq: ROAD), J.B. Hunt Transportation Services (Nasdaq: JBHT), Huntington Bancshares (Nasdaq: HBAN), and ProFrac Services (Nasdaq: ACDC). 

A sixth announced listing was Nasdaq, Inc. itself (Nasdaq: NDAQ), which will dual list on Nasdaq Texas.

“Texas is the financial services capital of America,” Governor Abbott said in a statement. “With another financial exchange coming to Texas, Nasdaq Texas cements our state as a global economic leader and will help further grow our leading financial industry. I thank Nasdaq for choosing Texas for their expansion and look forward to working together to keep Texas the financial hub of the nation.”

Ned N. Fleming, III, founder of Dallas-based SunTx Capital Partners and executive chairman of Construction Partners, was one of the dual-listed company representatives at today’s launch.

“As a lifelong Texan and long‑time builder of Sunbelt businesses, I’m proud to see a U.S. exchange designed to reflect Texas’ business‑friendly environment while leveraging Nasdaq’s world‑class technology and reach,” Fleming said. “At SunTx, we’re fortunate to partner with exceptional management teams like Construction Partners, a charter member of Nasdaq Texas. Under the leadership of Governor Greg Abbott and Lt. Governor Dan Patrick, Texas continues to set the pace for innovation, opportunity and enterprise, and we’re proud to help build on that momentum.”

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