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The Last Word: Governor Abbott on the Impact of the Dallas-Based Texas Stock Exchange
by David Seeley | Oct 1, 2024
In June, TXSE Group announced plans to launch the Texas Stock Exchange (TXSE), focused on enabling U.S. and global companies to access U.S. equity capital markets via a “fully electronic, national securities exchange." In the months since, that's led to endless discussion of the impact of North Texas' "Y'All Street." It was capped by yesterday's announcement that the TXSE had raised over $135 million to date as it named members of TXSE's board—including former Texas Governor and former U.S. Energy Secretary Rick Perry; former SEC Commissioner Rick Roberts; and Alex Bussandri, the global head of strategy at Citadel Securities.
by David Seeley |
Jun 5, 2024
As we noted in our top story today, Lee's TXSE Group plans to launch the Texas Stock Exchange (TXSE), focused on Texas and the Southeast U.S. The group says it will provide "a venue to trade and list public companies and the growing universe of exchange-traded products" as a "fully electronic, national securities exchange." That's caused buzz across the Lone Star State—and especially on Wall Street.
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by David Seeley |
Jun 5, 2024
Watch out, Wall Street—a Dallas-based stock exchange is bucking its way into U.S. equity capital markets. And it's already lined up around $120 million in funding from BlackRock, Citadel Securities, and other investors including "prominent business leaders from around the country."
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