The Texas Stock Exchange is expected to begin trading during the first quarter, according to a key adviser to the new marketplace.
“I believe that we will be in a position to begin trading in Q1 of next year,” said Jeb Hensarling, a former member of Congress who is providing strategic advisory services to the Dallas-based TXSE. “A world-class trading engine has been created. It’s been beta tested.” Hensarling’s comments came during a Bloomberg Television interview on Friday.
The Texas Stock Exchange is taking a big step closer to becoming a reality after SEC approved it to register as a national securities exchange. Jeb Hensarling, a strategic advisor to TXSE, said that he’s excited for the change. Source: Bloomberg
The US Securities and Exchange Commission recently approved the TXSE as the 18th registered national securities exchange. ...