Forefront’s Post

**Headings:** 1. BlackRock and Citadel Securities Support Texas Stock Exchange (TXSE) 2. Challenging the Dominance of NYSE and Nasdaq 3. TXSE Raises $120 Million and Prepares for Registration **Summary:** Exciting news for investors as BlackRock, Citadel Securities, and other prominent players in the financial industry are throwing their weight behind the Texas Stock Exchange (TXSE), a formidable contender aiming to disrupt the monopoly of the New York Stock Exchange (NYSE) and Nasdaq. With a significant fundraising success of $120 million, the TXSE is now gearing up to file registration documents with the appropriate authorities. This ambitious venture has garnered substantial support from leading investment firms, which demonstrates the confidence and backing it has received. By challenging the dominance of the current major exchanges, the TXSE aims to introduce more competition and innovation into the stock market landscape. This move has the potential to provide investors with enhanced options and opportunities for diversification. As an investor, it is crucial to stay informed about such developments. The emergence of TXSE could be a game-changer, presenting new avenues to grow your investments and potentially generate substantial returns. Don't let the Fear of Missing Out (FOMO) hold you back. Stay ahead of the curve and seize the opportunity to be part of this exciting venture. Take action now and explore investment possibilities in the evolving landscape of the TXSE. #hsa #investing #healthcare #health #family #wellness 💪📈💰

🚀 Exciting Announcement: The Launch of the Texas Stock Exchange (TXSE)! We are thrilled to by the news of the NEW Texas Stock Exchange (TXSE), a groundbreaking venture supported by two financial giants: BlackRock and Citadel Securities. Let's take a moment to recognize our founding entities and their impact on the global financial landscape. 🌟 BlackRock: Founded in 1988, BlackRock is the world's largest asset manager, boasting over $9 trillion in assets under management as of 2023. BlackRock's unparalleled expertise in investment and risk management services extends across mutual funds, ETFs, and retirement products, solidifying its status as a global financial powerhouse. 🌟 Citadel Securities: Established in 2002 by Ken Griffin, Citadel Securities is one of the foremost market-making firms globally. Headquartered in Miami, it provides liquidity and ensures smooth trading across various asset classes. With operations in over 50 countries, Citadel Securities is a crucial player in market efficiency and stability. 🔹 Key Milestones: Funding: TXSE has successfully raised $120 million. Planned SEC Filing: Trading operations are set to commence in 2025. First Listing: Anticipated in 2026 with plans for primary and dual listings. 🔹 Challenges & Opportunities: Rising Compliance Costs: Addressing these effectively to provide competitive advantages. Impact on Existing Exchanges: Potential disruption in favor of more efficient and cost-effective solutions. 🔹 Potential Impact: Enhanced Credibility: Backed by BlackRock and Citadel Securities, TXSE gains instant trust. Increased Liquidity: Citadel’s market-making ensures high liquidity and efficient trading. Attraction of High-Profile Listings: Leveraging BlackRock’s network to attract significant listings. Innovation & Technology: Driving advanced trading systems and operational efficiency. Competitive Edge: Offering competitive fee structures and streamlined compliance processes. Diversification & Market Reach: Expanding international reach through Citadel’s global operations. Regulatory Influence: Leveraging expertise to navigate and advocate for favorable policies. Join us to understand this exciting journey to revolutionize the financial markets with the launch of TXSE! #Finance #Investment #StockExchange #Innovation #BlackRock #CitadelSecurities #TXSE #MarketRevolution #Trading #Liquidity #Technology

🚀 Exciting news for the finance world! Wall Street giants BlackRock and Citadel Securities are backing the launch of the Texas Stock Exchange (TXSE), a new national stock exchange set to shake up the industry. With $120 million in funding, TXSE aims to provide a more CEO-friendly environment by reducing regulatory burdens found at NYSE and Nasdaq. Expected to facilitate trades by 2025 and host its first listing in 2026, TXSE is poised to capitalize on Texas' growing appeal as a business hub. Dallas, already a dominant financial center, will be home to TXSE’s physical presence, boosting the city’s stature even further. Stay tuned for more updates as TXSE gears up to take on the traditional giants! 📈💼 #Finance #StockExchange #Texas #BusinessNews #Investing 🗣️ What are your thoughts? Can TXSE rival NYSE and Nasdaq? Share your opinion below! ⬇️ https://lnkd.in/e2ihD8ix

🔥 Get ready, #Texas! BlackRock and Citadel back the new Texas Stock Exchange (TXSE), right in Dallas! With $120 million raised and #SEC filings on the way, TXSE aims to start trading in 2025 and host its first listings by 2026. This isn't just another exchange—it's a bold challenge to the NYSE and Nasdaq! TXSE will offer a business-friendly, all-electronic platform, attracting companies eager to escape high compliance costs. This move is set to supercharge Texas's booming economy and strengthen its position as a financial powerhouse. But the excitement doesn't stop there. The introduction of TXSE can significantly impact Texas's #lifesciences sector. With increased access to capital and a supportive financial environment, companies might have unprecedented opportunities for growth and innovation. This could lead to breakthroughs in #healthcare, biotech, and pharmaceuticals, further establishing Texas as a leader in the life sciences market. Exciting times ahead for Texas's growth and the life sciences market. This is a game-changer for businesses and investors 💥 #TexasRising #BreakingNews

In a recent article, Nicole Goodkind, Senior Business Reporter at CNN, points out, “A new national stock exchange, based in Dallas and backed by Wall Street heavyweights like BlackRock and Citadel Securities, is looking to take on the world-famous New York Stock Exchange and Nasdaq.” TXSE Group intends to alleviate regulatory burdens by offering more stable and predictable listing standards. Their goal is to expand access to U.S. capital markets for all investors, particularly businesses in Texas and the southeast. TXSE aims to attract the region's 5,200 private equity-sponsored companies that are considering going public, with an official launch planned for 2026. Learn more in the comments! #FileWithConfidence #CapitalMarkers #CorporateLaw

Have you heard of the Texas Stock Exchange (TXSE)? The Texas Stock Exchange (TXSE) Group, a newly established entity, has revealed its intention to register with the US Securities and Exchange Commission later this year. The group has secured the backing of over two dozen investors, amassing a fund of $120 million, making it the most financially robust newcomer to ever apply for SEC registration. James Lee, the founder and CEO of the TXSE Group, expressed his excitement on Wednesday about realizing the long-standing dream of a national stock exchange in Texas. He highlighted that Texas, along with other southeastern states, has evolved into a significant economic hub. Given the increasing demand from investors and corporations for more options to trade and list equities, he believes it’s the perfect time to establish a major national stock exchange in Texas. The group anticipates that it will attract more than 5,200 companies in the region that are sponsored by private equity and may be considering going public. In a conversation with The Wall Street Journal, Lee shared the group’s aspiration to officially inaugurate its exchange in 2026. What do you think? Good Idea? Bad Idea? Leave your comments below. #TexasStockExchange #TXSE #SecuritiesExchange #Investment #Finance #StockMarket #EconomicGrowth #EquityTrading #PublicListing #PrivateEquity #Investors #FinancialNews #BusinessNews #FinancialMarkets #StockExchange #TexasEconomy #SoutheastEconomy #2026Launch

BlackRock, Citadel, and other big investors are backing a new stock exchange in Texas called the TXSE (Texas Stock Exchange) to challenge the dominance of the NYSE and Nasdaq. The TXSE aims to offer lower fees and focus on listings from both U.S. and global companies, with $120 million in funding and plans to file registration documents with the SEC soon. CEO James Lee targets first trades in 2025 and listings in 2026. The rise of the TXSE could disrupt the NYSE and Nasdaq duopoly, providing more competition and lower fees for companies and investors. Despite challenges in liquidity, network effects, and brand recognition, the TXSE has potential with backers like BlackRock and Citadel. As someone in finance, I find this development crucial to monitor. While the road ahead may be challenging, embracing change and prioritizing clients can lead to long-term success in the ever-evolving market landscape. Stay tuned for updates on the TXSE and the evolving dynamics in the financial world! What are your thoughts on the TXSE and the challenges to NYSE/Nasdaq dominance? #TXSE #TexasStockExchange #NYSE #Nasdaq #stockmarket #investing #finance #fintech #wealthmanagement #assetmanagement #RIAlife #financialadvisor #CFP #CFA #BlackRock #Citadel #disruption

𝙏𝙚𝙭𝙖𝙨 𝙎𝙩𝙤𝙘𝙠 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚 𝙂𝙚𝙖𝙧𝙨 𝙐𝙥 𝙬𝙞𝙩𝙝 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙑𝙚𝙩𝙚𝙧𝙖𝙣𝙨 𝙖𝙩 𝙩𝙝𝙚 𝙃𝙚𝙡𝙢 The newly formed Texas Stock Exchange | TXSE Group Inc (TXSE) is poised to challenge major players like NYSE and Nasdaq by tapping top talent from the financial sector. As it prepares for its debut next year, TXSE has welcomed notable figures such as Cameron Smith from @Inca Digital as the global head of trading and Jeff Brown from Charles Schwab as the general counsel and chief regulatory officer. Nicole Chambers joins from Nasdaq to lead similar initiatives in listing management for TXSE. Located in Dallas, TXSE is building a robust infrastructure supported by a $135 million initial funding and endorsements from heavyweights like BlackRock Inc. and Citadel Securities. The exchange plans to offer an all-electronic trading platform free from ESG compliance requirements, emphasizing an apolitical stance in financial trading. The strategic advisory team includes former Federal Reserve Bank of Dallas President Richard Fisher and Brett W. Redfearn, previously with the SEC. The board features influential names such as former Texas Governor Rick Perry and industry leaders from Energy Transfer LP and Western Refining Inc., underlining TXSE’s commitment to becoming a major financial hub. #Finance #TexasStockExchange #FinancialMarkets #Investment #ESG https://lnkd.in/gq7r8FgG

🔴Texas Stock Exchange ?!?!? Here's What To Know🔴 Investor Backing: The Texas Stock Exchange (TXSE) is supported by over 24 investors, including Citadel Securities and BlackRock. Founding Year: TXSE was founded in 2023. Capital Raised: The exchange has secured $120 million in funding. Employment: TXSE plans to employ approximately 100 people. Headquarters: The physical headquarters will be located in Dallas, Texas. Start of Operations: The exchange aims to begin facilitating trades in 2025 and host its first listing in 2026. Economic Size: Texas’ economy is valued at $2.4 trillion, making it the eighth-largest economy globally. Regulatory Plans: TXSE intends to register with the Securities and Exchange Commission later in 2024. Service Offerings: The exchange will provide primary listings, dual listings, and exchange-traded products. Economic Opportunity: CEO James Lee highlighted the robust economic and population growth in Texas and southeastern U.S. as significant opportunities for the TXSE. What are your thoughts on this? Like, Share, & Comment below! #Finance #stocks #stockmarket #NYSE #Nasdaq #TXSE #pe #privateequity #investmentmanagement #Texas #SelbyJennings #PhaidonInternational Jamie Remp Mary Tran Cameron Cooper, MSM Stephen Money Jaden Damesek Logan Shipley

BlackRock, Citadel, and other prominent investors are endorsing the Texas Stock Exchange (TXSE), a new contender set to challenge the dominance of the New York Stock Exchange (NYSE) and Nasdaq. With $120 million in funding and plans to register with the SEC, TXSE aims to attract companies seeking to mitigate rising compliance costs. The fully electronic exchange will be headquartered in Dallas, enhancing the city's growing financial sector. TXSE plans to commence trading in 2025 and facilitate its first listings by 2026. Support from Citadel and BlackRock underlines the exchange's potential to enhance market liquidity and efficiency. Entering a fiercely competitive market with 16 established equities exchanges, TXSE mirrors other disruptive ventures such as FMX Futures Exchange and MEMX, which were created to address escalating data and connectivity fees. Texas's favourable tax and regulatory environment continues to attract major financial corporations, including Goldman Sachs and J.P. Morgan, which are expanding their presence in the state. Texas is also developing a specialised business-court system to handle complex corporate litigation. The state is making continued efforts to appeal more and more as a business hub to corporations. #Markets #Finance #Texas