Texas Stock Exchange Stands by 2026 Debut

The Texas Stock Exchange is on track to make its debut as a trading venue early next year as its powerful rivals intensify their push into the state, said Jeb Hensarling, an adviser to the proposed marketplace and former US congressman.

After the start of trading, the upstart exchange aims eventually to add dual listings, initial public offerings and exchange-traded products, Hensarling said Tuesday in an interview with Bloomberg Television. The TXSE is seeking federal regulatory approval as a national securities exchange after applying earlier this year.