(Refile to address typo in headline)
Sept 30 (Reuters) - The TXSE said on Tuesday that the
SEC has approved its application to launch a stock exchange
based in Dallas.
The exchange said it will begin trading in corporate stocks
and exchange-traded products in 2026.
The new Texas Stock Exchange has received backing from about
two dozen investment and trading firms, including BlackRock ( BLK )
, Charles Schwab ( SCHW ) and Citadel Securities. It aims
to compete head-to-head with Nasdaq and the New York Stock
Exchange.