Texas Stock Exchange Lands First Primary Listings
The Texas Stock Exchange secured its first primary listings after Texas Capital Bancshares announced two ETFs will move their venue starting September 16. The move marks an early test for the upstart bourse aiming to challenge New York.
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The Texas Stock Exchange secured its first primary listings on Tuesday, drawing two exchange-traded funds from TEXAS CAPITAL BANCSHARES INC in a challenge to Wall Street. The move tests the upstart venue's ability to draw primary listings away from traditional financial hubs in the United States. Securing primary venues gives the new exchange a larger role in trading activity as it builds out market share.
