Dallas’ new Texas Stock Exchange will begin test trading this week and open to the public on July 10, marking an important step in the city’s bid to build “Y’all Street.”
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- The Texas Stock Exchange in Dallas will open with limited securities, providing a new venue for traders as Wyall Street emerges as a national financial hub.
- The TXSE began test trading this week, with public trading scheduled to begin on July 10, with a small number of securities available at launch.
- The SEC approved the Texas Stock Exchange in late 2025, and the new Dallas-based venue is backed by major corporations such as BlackRock and Bank of America.
Beyond New York and Nasdaq, there’s a new stock exchange in Texas.
On July 6, the Texas Stock Exchange (TXSE) in Dallas began operating exclusively for members and began test trading of selected securities, with live trading scheduled to begin on Friday, July 10.
Once available to the public, only a small number of securities will be traded on the stock exchange, with many more expected to be traded in the coming weeks. There are no companies listed on the exchange yet.
Here’s what you need to know about the TXSE, the emerging Wyall Street financial corridor, and which securities will be traded first.
What is the Texas Stock Exchange?
The Texas Stock Exchange, headquartered in Dallas, is the only national stock exchange built, headquartered, and incorporated in Texas.
According to its website, TXSE is backed by Bank of America, BlackRock, Charles Schwab, Citadel, Fortress, Goldman Sachs, JPMorgan and others.
The U.S. Securities and Exchange Commission formally approved the stock exchange in late September 2025.
What is Wyall Street?
Wyall Street refers to Dallas’ financial corridor, which includes downtown, Victory Park and Uptown, according to Texas Capital Bank. This facility is being built to solidify Dallas’ status as a financial powerhouse that rivals Wall Street.
The Guardian reported in April that Texas has 386,000 financial sector employees, with Charles Schwab & Co. moving its headquarters to the Dallas-Fort Worth metroplex and JPMorgan and Goldman Sachs also having corporate offices in the region.
When will the general public be able to trade on the Texas Stock Exchange?
Trading is scheduled to begin on July 10th, with only a small number of securities available initially, but more securities are expected to be added next month.
TXSE trading hours
The TXSE trading schedule looks like this in Central time:
- pre-market: 7:00 a.m. to 8:30 a.m.
- normal transaction:8:30 a.m. to 3:00 p.m.
- After marketing: 3:00pm to 4:00pm
Who trades on the Texas Stock Exchange?
The initial securities are:
- PBA — Pembina Pipeline Corporation
- PDFS — PDF Solutions Co., Ltd.
- SPHD — Invesco S&P 500 High Dividend, Low Volatility ETF
- SRRK — Scholar Rock Holding Corp.
- VCYT — Verasite Co., Ltd.
Mateo Rosiles is a Texas Connect reporter for USA TODAY and local Texas newspapers. Do you have any news tips for him? Email us at mrosiles@usatodayco.com.

