The Texas Stock Exchange (Tex-E) officially opened for trading on July 1, 2024, with a phased rollout strategy beginning with test trades among 50+ member firms including banks, broker-dealers, and trading firms, before expanding to public trading with thousands of stocks and other equities; the exchange has raised $275 million from Wall Street titans like Citadel and JP Morgan and is positioned to compete with the NYSE and Nasdaq, potentially enabling companies that couldn't afford traditional listings to access public markets through IPOs expected in early 2027.
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The Texas Stock Exchange officially opens for trading
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