Sunday , 19 January 2025
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BlackRock, Citadel Securities plan to start a new national stock exchange in Texas

The Wall Street Journal (gated) with the hot gossip:

  • A group backed by BlackRock and Citadel Securities is planning to start a new national stock exchange in Texas
  • Aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq
  • The Texas Stock Exchange has raised approximately $120 million, plans to file registration documents with the Securities and Exchange Commission later this year

  • goal is to begin facilitating trades in 2025 and host its first listing in 2026

This article was written by Eamonn Sheridan at www.forexlive.com.

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