NYSE to Launch New Texas-Based Exchange as Dallas Emerges as a Financial Hub
The New York Stock Exchange is making history—and it’s happening deep in the heart of Texas. In a landmark move, the NYSE has announced plans to launch NYSE Texas, a fully electronic equities exchange headquartered in Dallas. This bold relocation involves reincorporating NYSE Chicago into the Lone Star State and marks a powerful shift in the U.S. financial landscape.
It’s no surprise that the NYSE is staking its claim in Texas. Home to more NYSE-listed companies than any other state—representing over $3.7 trillion in market value—Texas offers a winning combination of a thriving economy, rapid population growth, and a 15.5 million-strong workforce. From global corporate HQs to cutting-edge startups, business leaders across sectors are recognizing Texas as a national powerhouse for opportunity and innovation.
The Rise of Dallas as a Financial Powerhouse
Governor Greg Abbott welcomed the NYSE’s announcement with open arms, hailing it as a pivotal step toward making Texas the new financial capital of America. The move is expected to create jobs, attract institutional capital, and further elevate Dallas as a financial and innovation hub.
“Texas is the most powerful economy in the nation,” stated Governor Abbott, “and now we will become the financial capital of America. With the launch of NYSE Texas, we will expand our financial might in the United States and cement our great state as an economic powerhouse on the global stage.”
Already home to Fortune 500 giants and one of the nation’s fastest-growing tech and finance corridors, Dallas is uniquely positioned to become a center for global capital markets. Learn more about why Dallas is emerging as the financial heartbeat of North Texas.
This shift reflects a broader economic transformation as Texas steadily builds momentum in finance, fintech, and corporate services. With a pro-growth business climate, no personal income tax, and strategic investments in infrastructure, Texas is outpacing traditional centers like New York and San Francisco. Companies are relocating not just for cost savings, but for access to talent, space, and a community that welcomes innovation.
NYSE Texas and the TXSE: A New Competitive Era
Adding fuel to this financial renaissance is the planned launch of the Texas Stock Exchange (TXSE). Set to open in Dallas by 2026, TXSE is a new national securities exchange that has already raised $161 million from financial heavyweights including BlackRock, Citadel Securities, and Charles Schwab.
While NYSE Texas brings established infrastructure and a legacy of Wall Street credibility, TXSE introduces a fresh vision built around transparency, technology, and Texas-grown independence. As MarketWatch and others have noted, this “stock exchange shootout” may disrupt the longstanding dominance of Wall Street, offering businesses new venues for listing and trading—right from the nation’s most dynamic economic engine.
Nasdaq Expands to Dallas
Adding to the momentum, Nasdaq announced in March 2025 that it will open a new regional headquarters in Dallas. The office will support client engagement and operations, serving over 2,000 financial institutions and corporations in the region, 800 of which are based in Texas, including more than 200 Nasdaq-listed companies totaling $1.98 trillion in market cap.
This move reflects Nasdaq’s broader strategy to invest in high-growth markets and expand its presence in Texas. It also aligns with what’s often called the Texas Miracle—the state’s long-term trend of job creation, population growth, and diversification into tech and finance.
The Nasdaq office will focus on client engagement and technology, further anchoring Dallas as a nexus of market activity and capital connectivity. This strategic expansion complements Nasdaq’s existing presence in Austin and signals a deeper investment in the region’s long-term potential
Economic Impact: What This Means for Businesses and Investors
The presence of NYSE Texas, Nasdaq, and TXSE in Dallas stands to amplify the state’s already-impressive business ecosystem.
This development complements Texas’s broader economic strategy, which includes aggressive support for small business innovation and entrepreneurship. By drawing in capital and visibility, Texas exchanges will also benefit the state’s vibrant mid-market and startup ecosystems, creating a launchpad for the next generation of publicly traded companies.
Entrepreneurs and corporate leaders are drawn to Texas’ competitive tax policies and pro-investment incentives, along with a regulatory environment that favors business growth. As capital flows shift south, the state’s reputation as a national business hub is only set to strengthen.
The Future Is Building in Texas
Explore Texas’s economic strength and how the state’s bold policies are reshaping national industries. Dive deeper into the pro-business climate in Texas and uncover how North Texas is leading the charge. Whether you’re an executive, investor, or entrepreneur, now is the time to discover the unmatched potential of doing business in the Lone Star State.
