(Reuters) -Britain’s Financial Conduct Authority said on Tuesday it had approved the London Stock Exchange to operate the Private Intermittent Securities and Capital Exchange System (PISCES) platform, a new type of private stock market.
The platform will bring together buyers and sellers of shares in private companies to trade on an intermittent basis, the regulator said.
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Rashmi Aich)
