The Texas Stock Exchange completed its phased trading rollout on Friday, July 31, the point at which all National Market System symbols became available to trade on the Dallas based venue.
TXSE marked the milestone with a bell ceremony at its headquarters on Travis Street. The rollout began July 6 and finished on schedule at the end of the month.
The exchange said it opened full production trading with more than 50 member firms, which it describes as the broadest first day participation of any exchange launch in the past 50 years.
"Today is a watershed moment for the state of Texas and America's capital markets," said James H. Lee, chairman and chief executive officer of TXSE Group.
Cameron Smith, the exchange's president and global head of trading, said in the same announcement that the platform can "process billions of messages, reliably, with ultra low latencies."
Gov. Greg Abbott said in a statement the same day that the exchange "now operates at full capacity and projects the economic strength of Texas across the nation and the world," and that "Texas asserts its place as the financial capital of America."
What the milestone does and does not mean
Trading a stock and listing a stock are separate businesses, and the distinction matters for reading Friday's announcement.
TXSE now trades. Shares listed on other exchanges can be bought and sold through it, and member brokerages can route orders there. For an individual investor, that happens out of sight. Ticker symbols do not change and neither does anyone's account.
TXSE does not yet list companies. The exchange has said it plans to begin listing exchange traded products late in the third quarter of 2026, to accept corporate listings transferring from other exchanges in the fourth quarter, and to handle initial public offerings in 2027. Those are the steps that would put company names on a Dallas exchange.
