The Wall Street Journal (gated) with the hot gossip:
- A group backed by BlackRock and Citadel Securities is planning to start a new national stock exchange in Texas
- Aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq
- The Texas Stock Exchange has raised approximately $120 million, plans to file registration documents with the Securities and Exchange Commission later this year
- goal is to begin facilitating trades in 2025 and host its first listing in 2026
![rumor](https://images.forexlive.com/images/rumour_id_be1c2772-73db-4ddf-b9ce-9fe81fe46fd1_original.jpeg)