Texas continues to draw the attention of stakeholders involved in capital markets. Since our last update on Y’all Street, more eyes have turned to the Lone Star State. In the meantime the second edition of TexCap, taking place this May 20 in Dallas, is announced.
DisruptionBanking returns to Texas to share an update with our readers. This is on the back of a catchy new advertising campaign released by the Texas Stock Exchange:
In November, Jeff Karcher, Global Managing Director at the Texas Stock Exchange spoke with Josh Gertsch, Industry Principal at Workiva. Jeff shared some very powerful statistics about Texas, some of which we covered in our interview with the Texas Stock Exchange last June.
Jeff explained in the interview how Texas was considered by many to be the eighth largest economy in the world as a state. He added how it was only a matter of time before the Lone Star State’s economy overtook that of France in seventh place.
One of the ways to do this is through getting more companies to list publicly. Jeff highlighted how public companies in general employ about a third more people and pay them more on average. Something that Texas will benefit from with the growth of NYSE Texas, Nasdaq Texas and the Texas Stock Exchange or TXSE.
TXSE is working its way through a detailed roadmap or ‘Launch Guide’ to help members get ready for the exchange to open later this year. The other exchanges have also been busy.
Nasdaq Texas Goes Live at the Alamo
Nasdaq opened a regional office in Dallas in March 2025. Importantly, last week the Nasdaq Closing Bell was rung in Texas, to commemorate the 190th anniversary of the Battle of the Alamo
Rachel Racz, Head of Listings for Texas, Southern U.S., and Latin America proudly shared on social media that “Nasdaq Texas is open for business!”
Nasdaq Texas has become fully operational as a dual‑listing exchange and is now legally domiciled in the state, the company said.
NYSE Texas Continues to Grow
NYSE Texas was launched in March 2025. It was the first securities exchange to be incorporated in Texas. In December the exchange announced that NYSE Texas had reached the milestone of 100 dual listings. Collectively these companies’ market capitalization exceeds $2 trillion.
A few weeks ago in February Lynn Martin, President of NYSE Group shared. “With more than 100 dual-listings to date, and growing, we look forward to continuing to offer the highest level of support to our issuers in the state of Texas and beyond.”
Lynn also welcomed the newly established NYSE Texas Advisory Board. Founding members of the board include Amanda Brock of Solaris Energy Infrastructure (NYSE:SEI), Scott Mueller of Goldman Sachs (NYSE: GS), and Edward Crawford of Coltala Holdings.
TexCap Returns on May 20
Last year people like Rachel Racz of Nasdaq, Bryan Daniel of NYSE Texas, and Nicole Chambers of TXSE were all speakers at the inaugural TexCap event that DisruptionBanking covered in person last October. In 2025 the event took place at the prestigious Southern Methodist University in Dallas where it will continue to be hosted this coming May 20.
TexCap has found its True North at the newly reimagined SMU Hughes-Trigg Center. This venue is a state-of-the-art environment designed for high-stakes discourse. From tiered forum rooms to the glass-ceiling atrium, the setting reflects the modernity and stability of the DFW financial sector.
Find out why Dallas is turning into the global epicenter of capital markets. Reserve your ticket for TexCap here today.
Author: Andy Samu
See Also:
TexCap Inaugurates ‘Y’all Street’: Texas’s Capital Markets Revolution | Disruption Banking
Can the Texas Stock Exchange Disrupt Capital Markets? | Disruption Banking
