Texas Stock Exchange nabs first primary listing commitment as Dallas firm launches energy ETF

TXSE has its first taker.
The Texas Stock Exchange is the planned primary listing venue of a new exchange-traded fund from Westwood Holdings Group, a Dallas-based investment and asset management firm.
Westwood filed a prospectus with the U.S. Securities and Exchange Commission Tuesday for a new product, the Westwood Salient Enhanced Power & Infrastructure ETF. Pending regulatory approval, the ETF will trade using the ticker symbol PWRX on TXSE after the exchange begins operations later this year.
The prospectus marks the first public commitment for a primary listing on TXSE, though there may be other listings in the pipeline that, depending on the timing of the regulatory process, begin trading sooner.