A new stock exchange is launching in Texas, with the goal of competing with major financial hubs. The Texas Stock Exchange, based in Dallas, has begun a phased rollout throughout July. The exchange will start by allowing member firms to trade test securities, with thousands of stock symbols to be added in the coming weeks.

Further details about the Texas Stock Exchange and its plans are available from the source, including information about the introduction of exchange-traded products and corporate listings later this year.