Texas Stock Exchange

Charles Schwab has initiated a secondary listing of its shares on the Texas Stock Exchange, the newly launched Texas-based venue challenging the incumbent exchanges in New York. The brokerage becomes one of the early prominent companies to trade on the platform, a boost for the exchange as it seeks to establish itself and draw listings away from NYSE and Nasdaq.

The parent company of the Texas Stock Exchange, the Dallas-based challenger to NYSE and Nasdaq, has raised more than $400 million in total funding. The milestone underscores growing financial backing for a new national exchange headquartered in Texas, as investors and market participants watch whether it can draw listings and trading volume from the established venues.

The parent company of the Texas Stock Exchange has raised $155 million in a third round of funding, adding to backing for the Dallas-based challenger to NYSE and Nasdaq. The exchange, announced in 2024 with support from major financial firms, plans to begin trading as an alternative venue headquartered in Texas.

Charles Schwab says it will add a dual listing on the new Texas Stock Exchange, the Dallas-based venue being built as a challenger to the NYSE and Nasdaq. The brokerage becomes one of the exchange's most prominent early backers, a signal of growing momentum for Texas's push to build a serious alternative hub for US listings.

Mitsui & Co., the Japanese trading house listed on the Tokyo Stock Exchange, has brought a large solar project in Texas online, adding to its renewable energy portfolio. Analysts and investors are now weighing whether the company's shares are undervalued, with commentary asking whether the new solar capacity changes the valuation case for the stock.