‘Y’all Street’: Texas Stock Exchange to launch in 2025

Karah Rucker

GOVERNOR GREG ABBOTT IS TOUTING THE PROGRESS MADE ON THE SOON-TO-BE TEXAS STOCK EXCHANGE –

SOMETHING THAT COULD STRENGTHEN AN ALREADY STRONG FINANCIAL LANDSCAPE IN THE STATE. 

Greg Abbott

“Texas already has become the home of capital in the USA. Today we are staking our claim as home of capital markets with the addition of the texas stock exchange.”

Karah Rucker

SOMETHING LIKE NEW YORK’S WALL STREET –

BUT IN TRUE TEXAS FASHION – DUBBED “Y’ALL STREET” –

THE TEXAS STOCK EXCHANGE IS SET TO LAUNCH IN DALLAS IN LATE 2025 –

WITH TRADES IN EARLY 2026.

IN A PRESS CONFERENCE –

ABBOTT SPOKE OF THE STRENGTH OF THE TEXAS ECONOMY.

THERE ARE ONLY SEVEN COUNTRIES WITH ECONOMIES LARGER THAN TEXAS –

AND IT COULD SOON SURPASS FRANCE.

ABBOTT NAMED OFF SOME OF AMERICA’S LARGEST COMPANIES THAT CALL THE LONE STAR STATE HOME –

FROM CHEVRON, EXXON MOBIL, VALERO –

TO AT AND T, DELL, TESLA, SOUTHWEST AND AMERICAN AIRLINES.

ABBOTT SAYS THE ADDITION OF THE TEXAS STOCK EXCHANGE WILL ATTRACT MORE BUSINESS AND ECONOMIC OPPORTUNITY FOR TEXANS.

Greg Abbott

“Today’s announcement is the next logical step in the trajectory of business in Texas. The Texas Stock Exchange will ensure that businesses have access to capital and that market participants have more choices. Texas is the modern embodiment of the American dream.”

The Texas Stock Exchange has already raised over $135 million in capital –

Karah Rucker

WHICH IS THE MOST “WELL-CAPITALIZED NATIONAL SECURITIES EXCHANGE APPLICANT TO EVER FILE A REGISTRATION WITH THE SEC.”

FINANCIAL BACKERS INCLUDE BLACKROCK AND CITADEL SECURITIES.

THE TEXAS STOCK EXCHANGE IS POISED TO SUBMIT ITS REGISTRATION “IN THE COMING MONTHS.”

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REPORTING FOR STRAIGHT ARROW NEWS – I’M KARAH RUCKER.