Texas Stock Exchange wins energy listings
Three energy partnerships are shifting their primary listings from the New York Stock Exchange to the new Texas Stock Exchange. The move represents a major milestone for the startup venue in challenging established trading markets.
Xurve View
Insights:
Xurve View
The fledgling Texas Stock Exchange scored its largest victory against established New York trading venues on Thursday, convincing three related energy partnerships to shift $100B in primary listings to Dallas. The move marks a key milestone for the startup venue as it challenges the New York Stock Exchange and Nasdaq for primary listings. Incumbent exchanges have long dominated listing fees and opening volume across the United States.
