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Schwab Launches Secondary Listing on Texas Stock Exchange

Original: Schwab Initiates Secondary Listing on the Texas Stock Exchange

Charles Schwab has begun a secondary listing of its shares on the Texas Stock Exchange, adding a second trading venue alongside its primary listing. The move makes the brokerage one of the early major companies to list on the new Texas-based exchange, which is positioning itself as a challenger to established venues in New York. Details on timing and trading volumes were not immediately available.

Why now: A major brokerage becoming one of the first big listings on the newly launched Texas Stock Exchange is notable news for US markets.

Charles SchwabTexas Stock Exchange

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