Texas Bourse to Operate as National Securities Exchange
- Business Companies stock exchange US
Global Business Magazine- 4 minutes read
TXSE Group has announced that the US Securities and Exchange Commission has formally approved the Texas Stock Exchange’s (TXSE) Form 1 registration to operate as a national securities exchange, a milestone decision that restores competition in America’s public markets.
TXSE is the first fully integrated national securities exchange to receive SEC approval in decades, and has already completed its proprietary order matching engine and exchange platform, incorporating the latest hardware and software to deliver low-latency performance, flexibility, and scalability in an evolving trading and regulatory environment.
Importantly, TXSE will provide comprehensive listing solutions for corporate issuers and ETP sponsors that are aligned with their priorities and fully transparent. TXSE worked closely with the SEC staff throughout the approval and public comment process.
TXSE is the most well-capitalised equities exchange to ever be approved by the SEC. Its founding investors include the world’s largest financial institutions, including prominent retail and institutional investment organisations, most major liquidity providers, and leading corporate executives from across the country.
Pivotal Moment
James H Lee, founder and CEO of TXSE and its parent company, TXSE Group, said that the approval marks a pivotal moment in their effort to build a world-class exchange rooted in alignment, transparency, and partnership with issuers and investors.
TXSE will launch trading as well as ETP and corporate listings in 2026. Over the long run, TXSE’s mission is to reverse the decades-long decline in the number of US public companies by reducing the burden of going and staying public while maintaining some of the highest quantitative standards in the industry.
TXSE has already led the push for key legislative and legal reforms to strengthen Texas’ pro-business environment and establish the state as the premier jurisdiction for corporate headquarters, listings, and exchange operators.
It will continue working alongside Texas leadership to advocate on behalf of issuers and investors to reform policy at the state, federal, and regulatory levels.
According to Lee, Texas has a long-term vision for driving economic growth, streamlining regulations, and building financial infrastructure as liquidity clusters shift to North Texas.
“Real competition for corporate listings in the US has finally arrived. As the one and only national securities exchange built and headquartered in Texas, we are proud to have been the catalyst for the development of capital markets in our great state,” he averred.
TXSE Group’s leadership team has more than 800 years of combined experience across the U.S. capital markets and with direct exchange operations. TXSE’s headquarters in Dallas opened this spring.
“From day one, our goal has been to build an exchange that earns the trust of the marketplace and aligns with the economic leadership of Texas and the southeast quadrant of the US. Our team of market veterans has worked steadily to bring TXSE to life. We’re excited to now launch operations,” he added.
