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Texas Launches New Stock Exchange | Texas News
Texas just launched its own stock exchange, the TXSE, with big ambitions to rival Wall Street. Backed by $275 million and major Wall Street players, it’s rolling out in phases this July, starting with banks and broker-dealers before opening to the public. By year’s end, it plans to list ETFs and corporate stocks — aiming to turn Dallas into a financial powerhouse and fuel Texas’s economy. While tech glitches are possible, the state’s booming economy and growing investor base give it a strong shot at success, already sparking competition and investment that’s driving growth across the Lone…
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