Citadel and BlackRock Jointly Invest in Texas Securities Exchange, Seizing the ETP Market

According to a report from Reuters, the Texas Stock Exchange (TXSE), backed by investment firms BlackRock and Citadel Securities, will open a new national securities exchange in Dallas, the third-largest city in Texas. The exchange will provide a fully electronic trading environment and aim to attract more Exchange-Traded Products (ETPs) listings.

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