Financiers plan to launch a Texas-based stock exchange
DALLAS, Texas: A coalition of financial firms and investors, including BlackRock and Citadel Securities, is set to launch a Texas-based private market stock exchange, offering an alternative to the New York Stock Exchange and Nasdaq.
To be headquartered in Dallas, the Texas Stock Exchange (TXSE) aims to capitalize on Texas' rapid economic and demographic growth.
The group has raised approximately $120 mi