Nasdaq Texas Launches New Dual-Listing Exchange with Historic Alamo Ceremony

The new venue allows public companies to dual-list in Texas, providing access to Nasdaq's global liquidity while aligning with the state's corporate governance laws.

Published on Mar. 5, 2026

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Nasdaq officially launched its new Texas-based exchange on Thursday with a closing bell ceremony at the Alamo. The Nasdaq Texas launch signifies a structural expansion of the state's role in U.S. capital markets, as the exchange opens a new dual-listing venue in the Lone Star State. Six inaugural companies, ranging from energy to aerospace, have already joined the exchange to highlight Texas' growing influence in the global financial sector.

Why it matters

The launch of Nasdaq Texas reinforces the state's growing influence in finance, energy, technology and manufacturing. By allowing companies to dual-list and align with Texas' corporate governance framework, the new exchange venue signals the state's ambition to become an increasingly prominent player in U.S. capital markets.

The details

In order to operationalize its new venue, Nasdaq reincorporated its Nasdaq BX exchange to Texas, making Nasdaq Texas not just operationally active but legally domiciled in the state. The move allows publicly traded companies to align with Texas corporate governance while allowing access to Nasdaq's trading platform, liquidity and global investor base. For companies, dual-listing on Nasdaq Texas does not replace their existing Nasdaq listing, but instead provides an additional listing venue rooted in Texas law.

  • The event was held on Thursday, March 5, 2026, the 190th anniversary of the Battle of the Alamo.
  • Nasdaq officially launched Nasdaq Texas with a closing bell ceremony at the Alamo.

The players

Nasdaq

An American exchange company that owns and operates the Nasdaq stock market.

Greg Abbott

The Governor of Texas.

Dan Patrick

The Lieutenant Governor of Texas.

Gina Ortiz Jones

The Mayor of San Antonio.

Adena Friedman

The CEO of Nasdaq.

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What they’re saying

“Nasdaq is here because we believe the independent spirit of this state deserves direct access to global capital and global opportunity.”

— Rachel Racz, Nasdaq's Senior Vice President and Head of Listings for Texas and the Central and Southern U.S. (fox7austin.com)

“This is a milestone not just for Nasdaq, but for Texas. It is only right that Texas ranks number one for the capital markets that drive capitalism.”

— Greg Abbott, Governor of Texas (fox7austin.com)

“Texas has long represented what it means to be bold. To take risks. To build. To lead. That spirit mirrors Nasdaq's own story. We were founded to challenge convention, to modernize markets and expand access to capital for innovators who shape the future.”

— Adena Friedman, CEO of Nasdaq (fox7austin.com)

“This is hallowed ground we stand on. We have fought in this state for liberty and independence. And that's the reason people have moved here from all over the country and all over the world. We've added 11 million people to Texas just in the last 18 years. Businesses come here from every part, why?”

— Dan Patrick, Lieutenant Governor of Texas (fox7austin.com)

“Because this is the America that all America used to be. We're proud to have Nasdaq here today. We're proud to ring the bell. And we're proud that they did it here at the site of the Alamo.”

— Dan Patrick, Lieutenant Governor of Texas (fox7austin.com)

What’s next

After the outdoor bell-ringing ceremony, the program moved inside the Alamo's Education Center for a discussion on Texas' economic momentum and the role capital markets play in sustaining growth.

The takeaway

The launch of Nasdaq Texas signals that the infrastructure of Wall Street is increasingly finding a home in the Lone Star State, as Texas continues to attract corporate headquarters and solidify its position as a leading hub for finance, energy, technology and manufacturing.