financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
BlackRock, Citadel-backed group to start new national stock exchange in Texas, WSJ reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BlackRock, Citadel-backed group to start new national stock exchange in Texas, WSJ reports
Jun 4, 2024 6:14 PM

(Reuters) - A group backed by BlackRock ( BLK ) and Citadel Securities is planning to start a new national stock exchange in Texas, the Wall Street Journal reported on Tuesday.

The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year, the report added, citing CEO James Lee.

BlackRock ( BLK ) and Citadel did not immediately respond to Reuters' request for comment.

The TXSE, as it is known, aims to facilitate trades in 2025 and host its first listing in 2026, the report said, adding that the exchange plans to compete for primary and dual listings.

It also hopes to attract listings of exchange-traded products and aims to challenge increasing compliance costs at Nasdaq and NYSE, and newer rules like one setting targets for board diversity at Nasdaq, the report added.

(Reporting by Angela Christy in Bengaluru; Editing by Alan Barona and Varun H K)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IES Holdings Insider Sold Shares Worth $2,387,229, According to a Recent SEC Filing
IES Holdings Insider Sold Shares Worth $2,387,229, According to a Recent SEC Filing
May 10, 2024
03:29 AM EDT, 05/10/2024 (MT Newswires) -- Matthew J Simmes, President and Chief Operating Officer, on May 07, 2024, sold 14,000 shares in IES Holdings ( IESC ) for $2,387,229. Following the Form 4 filing with the SEC, Simmes has control over a total of 73,110 shares of the company, with 73,110 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1048268/000104826824000072/xslF345X03/wk-form4_1715301208.xml Price: 176.96,...
 Flex Insider Sold Shares Worth $1,023,625, According to a Recent SEC Filing
Flex Insider Sold Shares Worth $1,023,625, According to a Recent SEC Filing
May 10, 2024
03:24 AM EDT, 05/10/2024 (MT Newswires) -- Paul Lundstrom, Chief Financial Officer, on May 08, 2024, sold 35,733 shares in Flex (FLEX) for $1,023,625. Following the Form 4 filing with the SEC, Lundstrom has control over a total of 507,752 shares of the company, with 507,752 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/866374/000162828024022433/xslF345X03/wk-form4_1715302216.xml Price: 28.75, Change: +0.04, Percent Change: +0.14 ...
 Flex Insider Sold Shares Worth $4,614,172, According to a Recent SEC Filing
Flex Insider Sold Shares Worth $4,614,172, According to a Recent SEC Filing
May 10, 2024
03:24 AM EDT, 05/10/2024 (MT Newswires) -- Revathi Advaithi, Director, Chief Executive Officer, on May 08, 2024, sold 161,052 shares in Flex (FLEX) for $4,614,172. Following the Form 4 filing with the SEC, Advaithi has control over a total of 1,903,404 shares of the company, with 1,903,404 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/866374/000162828024022431/xslF345X03/wk-form4_1715302152.xml Price: 28.75, Change: +0.04, Percent Change: +0.14...
 Mr. Cooper Group Insider Sold Shares Worth $2,218,860, According to a Recent SEC Filing
Mr. Cooper Group Insider Sold Shares Worth $2,218,860, According to a Recent SEC Filing
May 10, 2024
03:33 AM EDT, 05/10/2024 (MT Newswires) -- Michael R Rawls, Executive Vice President & Chief Executive Officer of Xome, on May 07, 2024, sold 27,000 shares in Mr. Cooper Group ( COOP ) for $2,218,860. Following the Form 4 filing with the SEC, Rawls has control over a total of 57,623 shares of the company, with 57,623 shares held directly....
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved