Texas Stock Exchange Backed by Blackrock, Citadel Securities

TXSE Group Inc. announced on Wednesday that it is launching the Texas Stock Exchange (TXSE) in Dallas, supported by leading financial institutions. The company “successfully completed its initial capital raise with participation from more than two dozen investors, including some of the largest financial institutions and liquidity providers in the world, such as Blackrock and Citadel Securities, as well as prominent business leaders from around the country,” the announcement explains, adding:

TXSE will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products.