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Sept 30 (Reuters) - The TXSE said on Tuesday that the SEC has approved its application to launch a stock exchange based in Dallas.
The exchange said it will begin trading in corporate stocks and exchange-traded products in 2026.
The new Texas Stock Exchange has received backing from about two dozen investment and trading firms, including BlackRock BLK.N, Charles Schwab SCHW.N and Citadel Securities. It aims to compete head-to-head with Nasdaq and the New York Stock Exchange.
(Reporting by Suzanne McGee)
((Suzanne.McGee@thomsonreuters.com; 917-285-4385;))