Nasdaq Texas

Nasdaq Texas is a dual-listing stock exchange venue created by Nasdaq, Inc. It is incorporated in Texas, headquartered in Dallas, and designed for companies with ties to the state. It launched fully on March 5, 2026 (after an announcement in November 2025), following SEC approval of its listing rules. Nasdaq reincorporated its existing Nasdaq BX exchange into Texas to establish it as a legally Texas-domiciled national securities exchange. It runs on Nasdaq’s existing global technology, matching engines, and networks. 

Key features

• Dual listing only (at launch): Companies must already be listed on a U.S. national exchange (Nasdaq or NYSE) and meet Nasdaq Global Market standards. They keep the same ticker symbol, with unified liquidity and no fragmentation of trading.
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• Companies gain a “Texas designation” that signals alignment with the state’s business-friendly environment (e.g., recent laws like Senate Bill 29 codifying the business judgment rule, higher shareholder proposal thresholds, and the Texas Business Court).
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• Full access to Nasdaq’s services continues: investor relations tools, indexes, market data, governance support, and more, plus local Texas events, media visibility, and stakeholder engagement.
• It also supports options trading (Nasdaq Texas Options / NTX Options) and uses features like taker-maker pricing, retail price improvement, and various order types. 

On the 190th anniversary of the Battle of the Alamo, Nasdaq convened leaders at one of America's most iconic landmarks to ring the closing bell and celebrate the official launch of Nasdaq Texas — the exchange's new dual-listing venue in the Lone Star State.

Context and purposeNasdaq has long operated in Texas (since around 2007), serving hundreds of clients and listing more than 200 Texas-headquartered companies (representing nearly $2 trillion in market cap). Nasdaq Texas deepens that presence amid Texas’s growth as a financial hub—sometimes called “Y’all Street”—alongside competitors like the Texas Stock Exchange (TXSE) and NYSE’s own Texas efforts.

The inaugural dual listings included companies such as APA Corporation (Apache), J.B. Hunt, Huntington Bancshares, ProFrac Services, Firefly Aerospace, Construction Partners, and Nasdaq itself. Later interest has included high-profile names with Texas ties. 

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In short, it is Nasdaq’s Texas-based dual-listing platform that lets public companies associate with Texas’s pro-business climate while retaining the full benefits and liquidity of Nasdaq’s global infrastructure.