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New Texas Stock Exchange Takes Aim at New York’s Dominance
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New Texas Stock Exchange Takes Aim at New York’s Dominance

A group backed by Wall Street heavyweights BlackRock BLK 0.15%increase; green up pointing triangle and Citadel Securities is planning to start a new national stock exchange in Texas, aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq.  The Texas Stock Exchange, which has raised approximately $120 million from individuals and large investment firms, plans to file registration documents with the Securities and Exchange...
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