✉news BusinessMarkets first seen 5 h ago, last 56 min ago, peak #17
Texas Stock Exchange parent raises over $400 million
Original: Texas Stock Exchange parent co. surpasses $400 million in funding
The parent company of the Texas Stock Exchange has raised more than $400 million in funding, according to the Dallas Morning News. The Dallas-based venture is positioning itself as a challenger to the NYSE and Nasdaq, and the funding milestone signals continued investor backing for a new national exchange headquartered in Texas.
Why now: Investors and market watchers are tracking the emergence of a serious new US stock exchange rival to NYSE and Nasdaq.
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