Move over, New York and Nasdaq — there’s a new stock exchange in Texas.

On Monday, the Texas Stock Exchange (TXSE) in Dallas went live — but only for members — as it began test trading of designated securities with live trading set to start on Friday, July 10.

When it goes live to the public, the stock exchange will only trade a few securities, with more added over the next few weeks. No company is listed on the exchange yet.

Here’s what to know about TXSE, the emerging Y’all Street financial corridor and which securities will trade first.

What is the Texas Stock Exchange?

The Texas Stock Exchange is the only national securities exchange built, headquartered and incorporated in Texas, based out of Dallas.

According to its website, TXSE is backed by Bank of America, BlackRock, Charles Schwab, Citadel, Fortress, Goldman Sachs and J.P. Morgan, among others.

The U.S. Securities and Exchange Commission formally approved the stock exchange in late September 2025.

What is Y’all Street?

Y’all Street refers to the financial corridor in Dallas that includes Downtown, Victory Park and Uptown, according to Texas Capital Bank. It is being built to help solidify Dallas’ position as a financial powerhouse, rivaling Wall Street.

The Guardian reported in April that there are 386,000 financial sector workers in Texas, with Charles Schwab relocating its headquarters to the Dallas-Fort Worth Metroplex, and J.P. Morgan and Goldman Sachs having corporate hubs in the area.

When will the public be allowed to trade on the Texas Stock Exchange?

Trading is set to go live on July 10, with only a few securities initially available, with more to be added over the next month.

TXSE trading hours

The TXSE trading schedule will be as follows in Central Time:

Who’s trading on the Texas Stock Exchange?

The initial securities are:

• PBA — Pembina Pipeline Corporation.

• PDFS — PDF Solutions, Inc.

• SPHD — Invesco S&P 500 High Dividend Low Volatility ETF.

• SRRK — Scholar Rock Holding Corporation.

• VCYT — Veracyte, Inc.

Mateo Rosiles is the Texas Connect reporter for USA TODAY and its regional papers in Texas. Got a news tip for him? Email him at mrosiles@usatodayco.com.

This article originally appeared on USA TODAY: Texas Stock Exchange live in Dallas. Y’all Street takes on Wall Street