Charles Schwab Begins Dual Listing on Texas Stock Exchange

US Markets20 days ago

Several exchange traded funds were among the first to list on the state's newly launched equity market. Charles Schwab is now adding its shares to the Texas Stock Exchange via a dual listing, marking a high-profile arrival for the newborn venue.

The move, first reported by Bloomberg on Oct. 1, expands the brokerage's trading reach while it maintains its current primary listings. Further additions to the exchange from other financial firms are anticipated as the venue continues to recruit new participants.

Mapped to your portfolio

Possible scenarios

45%Symbolic Adoption Path+0.0%
25%Adoption Accelerates+0.1%
20%Incumbents Respond-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Charles Schwab Begins Dual Listing on Texas Stock Exchange

In this story

Charles Schwab Corporation Texas Stock Exchange

$SCHWThe Charles Schwab Corp.

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Symbolic Adoption Path+0.0%
25%Adoption Accelerates+0.1%
20%Incumbents Respond-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.