![\"FILE](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/07\/bcc38a1pw6g0vfbr.jpg\")
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DALLAS – Texas\u2019 challenge to Wall Street has taken another step toward reality.<\/p>\n
What we know:<\/p>\n
The Texas Stock Exchange (TXSE) began operating Monday with the trading of test securities as part of a staged launch. These trades are meant to make sure the technology works as expected before regular trading begins.\u00a0<\/p>\n
Live stock trading is expected to begin Friday with a small group of securities, according to TXSE. More securities will be added to the exchange through the end of July.<\/p>\n
According to TXSE, more than 50 firms have joined the exchange. These include banks, brokerages and trading companies.<\/p>\n
TXSE\u2019s ultimate goal is to become the Texas home of companies that want to list their shares outside traditional venues, such as the New York Stock Exchange (NYSE) or NASDAQ.<\/p>\n
What they’re saying:<\/p>\n
A TXSE official said Monday that the launch proves the exchange is no longer just an idea.<\/p>\n
“With the start of full production trading, any last notions that TXSE is theoretical are instantly swept away,” the official said.<\/p>\n
The backstory:<\/p>\n
TXSE announced its plans to open in June 2024. It\u2019s board of directors was announced a few months later, and it received approval to operate from the U.S. Securities and Exchange Commission in 2025.\u00a0<\/p>\n
This is just the latest in a series of moves by financial institutions that have put Texas on the path toward what some have dubbed “Y\u2019all Street.”<\/p>\n
In January, President Donald Trump expressed concern over NYSE\u2019s decision to open a branch in Texas.<\/p>\n
NASDAQ used the iconic backdrop of The Alam<\/a>o in San Antonio to open its dual-listing exchange in March.<\/p>\n The Source: Information in this story came from TXSE and previous FOX Local reporting. AI was used to synthesize some information in this story.<\/p>\n Money<\/a>Texas<\/a>Stock Market<\/a>Consumer<\/a>Dallas<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"DALLAS – Texas\u2019 challenge to Wall Street has taken another step toward reality. What we know: The Texas…\n","protected":false},"author":2,"featured_media":362857,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[910,2409,102,581,2349,223,11317,27,29,28,216,393],"class_list":["post-362856","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-business","tag-consumer","tag-dallas","tag-dallas-county","tag-money","tag-news","tag-stock-market","tag-texas","tag-texas-headlines","tag-texas-news","tag-tx","tag-us"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/362856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=362856"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/362856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/362857"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=362856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=362856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=362856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}