This week’s federal approval of the Dallas-based Texas Stock Exchange is the latest win for the city’s rapidly growing finance industry, experts say – and it could have far-reaching effects beyond what’s become known as Y’all Street.

The exchange said Tuesday it received approval from the Securities and Exchange Commission, exactly a year after Gov. Greg Abbott celebrated its announcement.

TXSE leaders say they want to make it easier for companies to be publicly traded while also maintaining high standards for which companies get listed. The exchange will begin listing and trading companies in 2026.

Its approval comes after the two largest stock exchanges in the world, Nasdaq and the New York Stock Exchange, invested heavily in Dallas to get ahead of TXSE, which hopes to challenge the t

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