Texas Stock Exchange Secures 4 Listings as Dallas Pushes to Challenge Wall Street
Updated
Updated · Fox News · Oct 5
Texas Stock Exchange Secures 4 Listings as Dallas Pushes to Challenge Wall Street
2 articles · Updated · Fox News · Oct 5
Summary
Four companies — Energy Transfer, Dillard's, Sunoco and Texas Capital Bank — have signed on for primary listings, giving the Dallas-based Texas Stock Exchange an early roster as it prepares to compete with NYSE and Nasdaq.
Texas backers say pro-business laws, lower taxes and lighter regulation are drawing capital and incorporations south, positioning the exchange as the final piece in the state's push to become a full-service financial hub.
Goldman Sachs, JPMorgan Chase, Charles Schwab and Bank of America have already expanded in Texas, alongside a broader wave of corporate relocations that supporters say is turning Dallas into "Y'all Street."
New York still dominates U.S. finance with the largest exchange, major investment banks and deeper capital markets, leaving open whether Texas can turn its momentum into a durable Wall Street challenge.