Schwab Initiates Secondary Listing on the Texas Stock Exchange
Charles Schwab will begin a secondary listing of its common stock on the Texas Stock Exchange under the same ticker SCHW, effective at market open on October 7, 2026. Schwab will maintain its primary listing on the NYSE; the dual listing adds a trading venue without changing the company's structure. Schwab was an original investor in TXSE and is headquartered in Westlake, Texas, with more than 10,000 employees there — CEO Rick Wurster framed the move as support for competition in U.S.
Key figures
- Client assets
- $13.41 trillion
- Active brokerage accounts
- 40100000
- Txse listing effective date
- October 7, 2026
AI analysis
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