( June 10, 2025, 09:00 GMT | Official Statement) -- MLex Summary: The sandbox for the UK's Private Intermittent Securities and Capital Exchange System, a new type of platform where shares in private companies can be traded, opened today as the Financial Conduct Authority released its final rules. The private stock exchange, dubbed Pisces, will be open to institutional investors, high-net-worth individuals, sophisticated investors and employees of participating companies. The platform will operate via a sandbox until 2030, with the first trading event expected for later this year.Statement follows. Policy documents will be uploaded here as soon as available....
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