The Texas Stock Exchange (TXSE) in Dallas initiated test trading for members this week, marking the operational start of the venue before it opens to the general public on July 10. The launch represents a significant development in Dallas’s efforts to establish a financial corridor known as Y’all Street, positioning the city as a competitor to traditional Wall Street hubs.
Trading for the public will commence on Friday, July 10, with only a small number of securities available at that time. Additional securities are expected to be added over the following month. Currently, no companies are listed on the exchange. The TXSE is the only national securities exchange headquartered and incorporated in Texas.
The exchange received formal approval from the U.S. Securities and Exchange Commission in late September 2025. It is supported by major financial institutions including Bank of America, BlackRock, Charles Schwab, Citadel, Fortress, Goldman Sachs, and J.P. Morgan.
Y’all Street, a term used to describe the financial district encompassing Downtown, Victory Park, and Uptown, aims to solidify Dallas’s status as a national financial center. Texas Capital Bank identifies this area as the core of the corridor. Recent reports indicate that Texas has 386,000 workers in the financial sector, with Charles Schwab relocating its headquarters to the Dallas-Fort Worth Metroplex and J.P. Morgan and Goldman Sachs maintaining corporate hubs in the region.
The initial securities available for trading on the TXSE include:
- PBA: Pembina Pipeline Corporation
- PDFS: PDF Solutions, Inc.
- SPHD: Invesco S&P 500 High Dividend Low Volatility ETF
- SRRK: Scholar Rock Holding Corporation
- VCYT: Veracyte, Inc.
