All NewsEducationTVBrokers
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
All NewsHome
© PiQ · The news that matters, on your cadence.AboutFAQTermsPrivacyDMCA
← Back to Equities & Funds

LSE's Pisces platform marks first birthday with just three businesses

Created at 10 Sep · 12:20 AM1 source
IN SHORT

The London Stock Exchange's Pisces platform, designed to streamline listings and capital raises, has onboarded only three companies in its first year. These businesses have collectively conducted four share auctions through the platform.

Key Numbers

3businesses signed up to LSE's Pisces platform
4share auctions conducted by Pisces businesses

Who's Involved

LSE
London Stock Exchange's Pisces platform marks first birthday
LSE's Pisces platform marks first birthday with just three businesses

↳ Why This Matters

The low uptake of the Pisces platform raises questions about its effectiveness and appeal to businesses seeking to list on the stock exchange, potentially impacting the LSE's efforts to attract new listings and facilitate capital raises.

Key facts

  • The LSE's Pisces platform has been operational for one year.
  • Only three businesses have joined the Pisces platform since its launch.
  • These three businesses have collectively executed four share auctions on Pisces.

The London Stock Exchange's Pisces platform, launched a year ago, has seen limited adoption, with only three businesses signing up. These companies have collectively conducted four share auctions through the platform. The Pisces platform is designed to simplify and expedite the process for companies looking to list shares and raise capital.

Frequently asked questions

The Pisces platform is an initiative by the London Stock Exchange designed to streamline the process for companies looking to list shares and conduct share auctions.

In its first year of operation, only three businesses have signed up to use the Pisces platform.

The three businesses that have joined the Pisces platform have collectively conducted four share auctions.

Discussion

0 / 1000

Loading comments…

CME Headlines
  • E-mini Russell 2000 futures slide as rate hike probabilities climb.
    9 Sep · 9:07 PM
  • E-mini Russell 2000 futures slide as rate hike probabilities climb.
    9 Sep · 9:07 PM
  • S&P 500 futures slide following strong nonfarm payrolls.
    4 Sep · 5:34 PM

How It Developed

Three businesses signed up to the LSE's Pisces platform in its first year.
The three businesses have conducted four share auctions via Pisces.

Sources

T1
Pisces’ first birthday was an intimate affairCity AM
T2
Pisces in Love: How They Flirt, Connect, Stay or Drift Awaylovehoroscopedaily.com

Related Stories

Funding Circle shares drop 10% on CEO Lisa Jacobs' exit announcement
9 Sep · 3:06 AM
Amazon Raises $6 Billion in Sterling Bond Sale
9 Sep · 4:17 PM
Metaplanet Faces Shareholder Backlash Over Executive Stock Pool
9 Sep · 11:27 AM
S&P 500 Shifts Focus From Consumer Goods to AI Infrastructure
9 Sep · 10:00 AM
Defiance ETFs proposes hourly leveraged funds
9 Sep · 8:47 PM