The Texas Stock Exchange made waves when it debuted in June 2024 with $120 million in backing from financial giants like BlackRock and Citadel Securities. Apparently, the impact was so strong that the New York Stock Exchange and Nasdaq ― who have long held a duopoly over the U.

NYSE joins Nasdaq — the other largest exchange in the world — in planning Texas branches in the wake of the announced Texas Stock Exchange.

Governor Greg Abbott was excited to announce the launch of NYSE Texas in Dallas. During the announcement, Abbott also said that the New York Stock Exchange, a subsidiary of Intercontinental Exchange,