
Blackrock and Citadel are creating an exchange in Dallas to compete with the NYSE:
https://www.msn.com/en-ca/money/com...to-start-new-texas-stock-exchange/ar-BB1nDLCj
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The TXSE, as it is known, plans to compete for primary and dual listings and aims to start in 2025 and host its first listing in 2026.
The stock exchange aims to attract listings of exchange-traded products and aims to challenge increasing compliance costs at Nasdaq and NYSE, and newer rules like the one setting targets for board diversity at Nasdaq.
https://www.msn.com/en-ca/money/com...to-start-new-texas-stock-exchange/ar-BB1nDLCj