The Texas Stock Exchange Lures Leadership From Nasdaq, NYSE as it Targets Listings

The Texas Stock Exchange, an upstart Dallas-based bourse backed by Michael Dell, BlackRock and some of the world’s biggest asset managers, has poached executives from Nasdaq Inc. and the New York Stock Exchange, as it seeks to bring stock listings to the Lone Star State.

Greg Ferrari, former head of North American exchange trading at Nasdaq, is joining TXSE as chief operating officer, to oversee the its day-to-day operations, a spokesperson for TXSE confirmed.