Overview
- The exchange ran member-only test trades on Monday, July 6, and it plans to open limited public trading on Friday, July 10 with more symbols added through the rest of July.
- TXSE received SEC approval for its Form 1 on Sept. 30, 2025, and has been added to the UTP and CTA consolidated data plans so its quotes and trades appear in standard national market feeds.
- TXSE says more than 50 banks, broker-dealers and trading firms have completed onboarding, and reporting has tied roughly $275 million in private backers to the project.
- The launch is a staged rollout: the exchange intends to make all National Market System symbols available by month’s end, to accept ETP listings in Q3 2026, and to begin corporate listings in Q4 2026.
- The biggest near-term barrier is liquidity, since traders follow volume; brokers could route orders to TXSE if it delivers better execution and lower listing fees, and the exchange’s Dallas base aims to deepen the local financial hub known as “Y’all Street.”