On Wednesday, November 12, 2025, Nasdaq, Inc. announced the launch of Nasdaq Texas, a new dual‑listing venue that will allow eligible companies to list and trade on Nasdaq’s platform while retaining access to its technology, data, and regulatory infrastructure. The announcement was made during the 8th Annual Permian Basin BBQ Cook‑Off in Midland, Texas, where Nasdaq’s representative rang the Market Closing Bell from the region.
Nasdaq Texas will operate as a dedicated Texas‑based listing platform, expected to become operational in 2026 pending regulatory approvals. The venue will provide companies with the ability to tap into Nasdaq’s global trading network while benefiting from a localized service model that understands the state’s energy and technology sectors. By offering a dual‑listing option, Nasdaq aims to attract firms that want the liquidity and visibility of a Nasdaq listing without abandoning their regional ties.
The decision to launch in Texas aligns with the state’s growing reputation as a financial hub. Texas already hosts NYSE Texas and is preparing to launch the Texas Stock Exchange (TXSE). Nasdaq’s existing footprint—over 800 clients and more than 200 listed companies representing nearly $2 trillion in market capitalization—positions it well to compete. Rachel Racz, Head of Listings for Texas, Southern U.S., and Latin America, said, “We view it as the natural next phase of our growth. Nasdaq has a long history in Texas; we’ve been engaged in the state for the last two decades and work with over 2,000 clients in the Southeast region, including 800 clients in Texas. And we have over 200 listed companies that call Texas home, representing almost $2 trillion in market capitalization.”
The launch is expected to generate additional revenue from listing fees and related services, reinforcing Nasdaq’s diversified business model. Governor Greg Abbott welcomed the expansion, stating, “Texas is the financial services capital of America. With another financial exchange coming to Texas, Nasdaq Texas cements our state as a global economic leader and will help further grow our leading financial industry.” The new venue is designed to serve the energy sector—Texas’s core industry—while also supporting the state’s burgeoning technology ecosystem.
No immediate market reaction has been reported, but the announcement signals Nasdaq’s commitment to deepening its presence in a high‑growth region. By creating a dedicated Texas listing platform, Nasdaq is positioning itself to capture a share of the state’s robust corporate ecosystem and to drive additional revenue from listing fees and related services, reinforcing its diversified technology and market services model.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.