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Brief
On June 10, 2025, the Financial Conduct Authority issued an update regarding FCA rings bell on new type of private stock market in growth boost. The Private Intermittent Securities and Capital Exchange System (PISCES) is a new platform that will allow shares in private companies to be traded, opening doors to more investment opportunities for investors and providing exits for shareholders. This development aims to meet the growing demand for investors to trade private company shares easily and efficiently in an organized marketplace, with access limited to institutional investors, high-net-worth individuals, and sophisticated investors.
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