TXSE Group, the parent of the Texas Stock Exchange, announced an equity investment from State Street. The amount wasn't disclosed. Bloomberg reported it brings the exchange's total equity capital to $440 million.
CECO Environmental (CECO) and International Bancshares (IBOC) moved their primary listings from Nasdaq to the Texas Stock Exchange. These were transfers, not IPOs.
Origin Bancorp, Inc. (OBK), the Louisiana-based parent of Origin Bank, moved its listing from the NYSE to the Texas Stock Exchange.
Charles Schwab (SCHW) added a secondary listing on the Texas Stock Exchange. Its primary listing stays on the NYSE.
The Texas Stock Exchange got its first company primary listings. Energy Transfer (ET), Sunoco (SUN), SunocoCorp (SUNC) and USA Compression (USAC) moved theirs over. So did Dillard's (DDS), after reincorporating in Texas. None of these were IPOs. The companies were already public.
[Texas Stock Exchange] [ET 8-K] [Texas Stock Exchange] [Dillard's 8-K]
The Texas Stock Exchange got its first primary listings: two Texas Capital exchange-traded funds, TXS and OILT, transferred from NYSE Arca.
The Texas Stock Exchange began live trading in five securities already listed elsewhere (PBA, PDFS, SPHD, SRRK and VCYT), after production testing started July 6. More symbols were added in phases, and all were live by July 31.
[Texas Stock Exchange] [Launch alert] [July 31 release] [Venable]
An adviser to the Texas Stock Exchange told Bloomberg the first IPOs there are expected in early 2027.
Nasdaq Texas launched as a dual-listing exchange incorporated in Texas and based in Dallas. Its first group included APA, Construction Partners, J.B. Hunt, Huntington Bancshares, ProFrac and Nasdaq itself.
Gov. Greg Abbott signed Senate Bill 29, which writes the business judgment rule into Texas law. It took effect immediately.
Senate Bill 1058 was signed. Starting Jan 1, 2026, a registered securities exchange in Texas can leave certain securities-transaction payments out of the revenue used for the state franchise tax.
NYSE Texas opened in Dallas, the first securities exchange incorporated in Texas.
The Texas Business Court began hearing cases, with divisions in Dallas, Austin, San Antonio, Fort Worth and Houston.
Photo: Texas Capitol: Carol M. Highsmith, public domain (Library of Congress), via Wikimedia Commons.