Wall Street’s biggest fund managers are reportedly preparing to challenge the dominance of the New York Stock Exchange — owned by Intercontinental Exchange, Inc. (NYSE:ICE) — and Nasdaq (NASDAQ:NDAQ). What Happened: A group led by BlackRock, Inc. (NYSE:BLK), the world’s largest asset manager, and hedge fund manager Kenneth Griffin‘s Citadel Securities, are developing plans for a new national stock exchange based in Texas, the Wall Street Journal reported on Tuesday. The exchange, named the “Texas Stock Exchange” (TXSE), has reportedly secured $120 million in funding from individuals and large …
