London Stock Exchange Gains Approval for Pioneering Private Market Platform

The Financial Conduct Authority has greenlit the London Stock Exchange's PISCES platform, establishing the world's first regulated private securities marketplace. This innovative venue will facilitate intermittent trading of shares in private companies, bridging the gap between growth-stage firms and investors.

Regulators view PISCES as a landmark collaboration between government and industry to accelerate capital formation. The platform's approval signals the UK's commitment to maintaining its edge in financial innovation, particularly in creating pathways for private companies to access liquidity.

Market participants anticipate the Private Securities Market launch later this year could reshape how institutional investors engage with pre-IPO opportunities. The development underscores growing global demand for hybrid solutions that combine regulatory oversight with flexible trading mechanisms.