Texas Stock Exchange Trading Expected to Begin in First Quarter

The Texas Stock Exchange is expected to begin trading during the first quarter, according to a key adviser to the new marketplace.

“I believe that we will be in a position to begin trading in Q1 of next year,” said Jeb Hensarling, a former member of Congress who is providing strategic advisory services to the Dallas-based TXSE. “A world-class trading engine has been created. It’s been beta tested.” Hensarling’s comments came during a Bloomberg Television interview on Friday.