The Long-Term Stock Exchange is a U.S. national securities exchange focused on building shared value for generations to come. Companies that list with us seek to increase impact with employees, customers, like-minded investors, and society at large.

We have reimagined the public market incentive system with a differentiated set of long-term listing standards for companies and a simplified trading model for investors and our member community.


Why choose the Long-Term Stock Exchange:

We arm companies with a playbook for anticipating and addressing the challenges of today and tomorrow.

The rules for succeeding as a public company have changed. So we’ve changed the rules of an exchange for you.

Our listing standards prepare companies with a framework to thrive in the public markets through stronger governance and investor alliances. Learn more about listing on the Long-Term Stock Exchange.

Our market model keeps things simple.

Our market model is so simple, we call it Very Simple Market (VSM™).

We have eliminated the conventional exchange incentives that benefit from volatility and speculation. Our focus is on connecting companies and investors, so we developed a market that represents our values and does not incentivize quoting and trading for profit.

We encourage transparency by being fully displayed.

We believe in strengthening and contributing to market information that’s public, not proprietary.

Our market is display-only, has no complicated order types, and all quotation and trade information is distributed solely on the public market data feeds. Everyone that participates on our market does so with access to the same data. We accept only the most common order types and instructions.

We charge zero transaction fees.

LTSE does not pay nor charge participants to interact on our market. Ours is the only national securities exchange operating with a free / free model.


The following broker-dealers are approved members of Long-Term Stock Exchange:

  • Archipelago Securities LLC
  • ATM Execution LLC
  • BofA Securities, Inc.
  • Barclays Capital Inc.
  • BNP Paribas Securities Corp.
  • Citadel Securities LLC
  • Citigroup Global Markets Inc.
  • Clearpool Execution Services, LLC
  • Cowen and Company
  • Credit Suisse Securities (Usa) LLC
  • Deutsche Bank Securities Inc.
  • DRW Securities, L.L.C.
  • FIS Brokerage & Securities Services LLC
  • Goldman Sachs & Co. LLC
  • HRT Financial LP
  • IEX Services LLC
  • Instinet, LLC
  • Interactive Brokers LLC
  • Jane Street Capital, LLC
  • Jane Street Execution Services, LLC
  • Jefferies LLC
  • J.P. Morgan Securities LLC
  • Merrill Lynch Professional Clearing Corp.
  • Morgan Stanley & Co. LLC
  • Nasdaq Execution Services, LLC
  • Pershing LLC
  • RBC Capital Markets, LLC
  • Sanford C. Bernstein & Co., LLC
  • Stuart Frankel & Co., Incorporated
  • UBS Securities LLC
  • Virtu Americas LLC
  • Wells Fargo Securities, LLC
Meet our listed companies