✉news BusinessMarkets first seen 9 h ago, last 3 h ago, peak #17
Texas Stock Exchange parent tops $400 million in funding
Original: Texas Stock Exchange parent co. surpasses $400 million in funding
The parent company of the Texas Stock Exchange, the Dallas-based challenger to NYSE and Nasdaq, has raised more than $400 million in total funding. The milestone underscores growing financial backing for a new national exchange headquartered in Texas, as investors and market participants watch whether it can draw listings and trading volume from the established venues.
Why now: New funding milestone for a high-profile challenger to the dominant US stock exchanges draws attention from investors and market watchers.
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