The Texas Stock Exchange will have an electronic stock ticker outside its planned Uptown headquarters.
The Dallas City Council approved the exchange’s request to erect the electronic display on the under-construction Bank of America Tower at Parkside during its Wednesday meeting. The measure was part of the consent agenda. TXSE and the tower’s owners sought to create a new sign subdistrict to allow the stock ticker.
TXSE representatives provided no further details about the ticker after Wednesday’s vote.
Under the rules, the ticker would be attached to the southeast corner of the office tower at Woodall Rodgers Freeway and Harwood Street. The ticker would be 28 feet above ground level and 10 feet tall. The sign’s maximum area would be 2,470 square feet, and it would wrap around the corner of the building. Current sign district rules don’t allow tickers, making TXSE’s case more complicated as it made its way through City Hall.
Several tweaks were made after the ticker was first proposed. After public feedback, TXSE representatives agreed the display would be shut off on the Harwood Street side at 10 p.m. The lights dim by 95% at dusk.
TXSE signed a lease in May at Bank of America Tower at Parkside to house its Texas Market Center headquarters. The deal included provisions that would have allowed TXSE to get out of the lease without penalty if key conditions weren’t met. One of the key conditions was approval of the electronic ticker display.
TXSE was first announced in 2024 with more than $100 million in backing from major investors including BlackRock, Citadel Securities and Charles Schwab. That figure has grown to $275 million after investments from Goldman Sachs, Bank of America and others.
The Dallas-based exchange received approval from the U.S. Securities and Exchange Commission last fall, and it aims to compete with the New York Stock Exchange and Nasdaq. TXSE currently operates from a headquarters in Dallas’ Knox-Henderson neighborhood.
TXSE celebrated the complete launch of trading on its platform at the end of July, and the exchange announced its first four company listings Thursday. Energy Transfer LP, along with three companies in which it owns the controlling interests — Sunoco LP, SunocoCorp LP and USA Compression LP — will list on TXSE in early October. Energy Transfer Chairman and founder Kelcy Warren owns about a 30% stake in TXSE Group, the parent company of TXSE.
Construction on Bank of America Tower at Parkside is expected to finish in early 2027, Pacific Elm CEO and building co-owner Billy Prewitt previously told The Dallas Morning News.
At 445 feet, the Parkside high-rise will be Uptown’s tallest tower once it’s complete. That title is currently held by the 26-story, 399-foot 23Springs tower on Cedar Springs Road.
