Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
JUST IN: CHARLES SCHWAB ..WITH $13.4 TRILLION IN CLIENT ASSETS .. HAS BEGAN TRADING ON THE TEXAS STOCK EXCHANGE.
Schwab is joining TXSE under ticker SCHW while keeping its primary NYSE listing.
The company has more than 40 million active brokerage accounts, is headquartered in Texas and was one of TXSE’s original investors. CEO Rick Wurster said Schwab is backing what the exchange “represents for the future of U.S. markets.”
One note: Schwab itself remains a Delaware corporation. This is not a DExit. But one of America’s largest financial institutions putting its stock on a new Texas exchange is another meaningful piece of the corporate infrastructure Texas is building.