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London Stock Exchange launched the first trade under the PISCES regime. A revolution for investors?
London Stock Exchange (LSE) conducted the historic first transaction under the new PISCES (Private Intermittent Securities and Capital Exchange System) regime. This is a significant innovation that could change the way investors approach shares in unlisted companies.
What is PISCES?
PISCES is a new trading framework that allows trading shares in private companies without the need for a full IPO. Instead of a traditional stock market entry, trading takes place through periodic auctions that:
What is PISCES?
PISCES is a new trading framework that allows trading shares in private companies without the need for a full IPO. Instead of a traditional stock market entry, trading takes place through periodic auctions that:
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