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A stock market in Texas? Wall Street heavyweights BlackRock, Citadel back Dallas plan

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Texas Stock Exchange,Wall Street

NEW YORK, June 6 — A Texas businessman wants to launch a national stock exchange in Dallas starting next year, and so far he has raised about US$120 million for the project, with...

Local radio station Fly FM to play Macklemore’s ‘Hind’s Hall’ for 24 hours today in solidarity with PalestineThe financial markets sector in the United States is narrowly concentrated in the New York Stock Exchange and the Nasdaq, which together account for nearly all shares trading in the country.

That list includes BlackRock, the world’s top asset manager, and market-making firm Citadel Securities. “TXSE will ultimately create more competition around quote activity, liquidity and transparency, resulting in more consistent and reliable markets,” Lee said in the statement.

 

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