TXSE closing in on ‘world-class venue’ for Texas Market Center with offices, business museum, broadcast space, top executive says
DALLAS — This article was originally published in the Dallas Business Journal. Read the original article and more business content here.
A top executive at the Texas Stock Exchange said trading will begin this summer and he expects the first initial public offerings early next year.
Trading will launch in July, said Marc Cunningham, global managing director for the upstart exchange. From there, TXSE will then roll out listings of exchange-traded funds and other exchange-traded products throughout the third quarter. Corporate listings will begin in the fourth quarter and the exchange will begin launching IPOs in early 2027, he said.
A “Member Readiness and Launch Guide” for TXSE members shows the exchange intends to launch trading from July 2-17 with a “phased symbol rollout approach.” Exchange-traded products will launch in September and corporate listings will begin in October, according to the guide.
Anticipation continues to grow for the launch of TXSE, which originally announced its plans in 2024 to take on the existing duopoly consisting of the New York Stock Exchange and Nasdaq. The Texas exchange received regulatory approval in September 2025 and intends to offer a more “CEO-friendly” and “less costly” option for public companies. As a result, the exchange’s executives and backers hope to increase democratization of the IPO process, leading to more small and midsize companies going public with more access for everyday investors.
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