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FCA consults on platform that could ‘transform’ how private firms tap funds

UK regulator puts forward proposals for Pisces trading platform

By David Ricketts
The FCA said the new platform could act as a bridge to public markets Hollie Adams/Bloomberg via Getty Images
The FCA said the new platform could act as a bridge to public markets Hollie Adams/Bloomberg via Getty Images Photo: Bloomberg via Getty Images

The Financial Conduct Authority has unveiled a series of measures for a new stock trading platform it claims could “transform” how private companies obtain capital from investors.

The FCA has put forward proposals for its Private Intermittent Securities and Capital Exchange System, known as Pisces, which was announced by the previous UK government in March.

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