:max_bytes(150000):strip_icc()/GettyImages-2142061734-49f35238575d4080a4ba16eeca976329.jpg?w=1068&resize=1068,0&ssl=1 "The Essential Information on the Texas Stock Exchange Supported by Blackrock")
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The TXSE Group has announced plans to create the Texas Stock Exchange, with $120 million in funding from investors like BlackRock and Citadel Securities. The new exchange aims to be more CEO-friendly than the NYSE and Nasdaq, offering an alternative for companies frustrated with regulations and compliance costs. Texas, home to many Fortune 500 companies, has become a growing business hub, making it an opportune time to establish the exchange. With the spotlight on Texas as high-profile tech companies like Tesla and Oracle move their headquarters to the state, the creation of the Texas Stock Exchange could further solidify Texas’ role in the business community.
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