What JP Jenkins does

JP Jenkins Ltd is an FCA-authorized and FCA-regulated (FRN 1037394) private securities marketplace headquartered in London, operating since 1991 as the UK's leading venue for trading shares in delisted, unquoted, and private companies. The platform operates two core venues: the Matched Bargain Facility (MBF), which provides continuous trading of shares in companies that have left public markets or are unlisted, and the Private Market, which hosts intermittent trading events for unquoted private companies under the UK's new PISCES (Private Intermittent Securities and Capital Exchange System) framework. Trades settle via the CREST electronic settlement system through a central counterparty arrangement, and the platform publishes the JP Jenkins 15 (JPJ 15) market index tracking listed securities.

The technology stack is centred on regulated market infrastructure rather than bespoke IP: CREST settlement, central counterparty clearing, FCA-regulated market rules, and integration with over 40 UK-regulated stockbrokers (including Hargreaves Lansdown, Rathbones, Investec, AJ Bell, and Winterflood). In November 2025, JP Jenkins became only the second FCA-approved PISCES platform operator after the London Stock Exchange, and in March 2026 it hosted the world's first PISCES liquidity event with QPLAY Ltd. Approximately 50–60 companies are listed across technology, energy, real estate, pharmaceuticals, retail, and financial services.

JP Jenkins generates revenue through transaction fees: 1.5% of the transaction price charged to both buyers and sellers, plus a £25 flat fee per trade, with potential additional Stamp Duty Reserve Tax (SDRT) on purchases. It serves four customer groups — companies seeking shareholder liquidity, investors buying/selling private shares via brokers, the broker network itself, and professional introducers — operating as a B2B2C platform with no direct retail distribution of its own. The firm has also begun commercializing its PISCES license by authorizing an investment firm to operate under its regulatory approval and has partnered with Ledgy for integrated equity management.

Name

JP Jenkins

Legal name

JP Jenkins Ltd

Website

https://JPJenkins.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Private Securities Trading Platform

NAICS

Investment Banking and Securities Intermediation (52315), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Independent Broker-Dealer / Registered Representative Networks (FSAEACAG)

akta.pro secondary industry

Securities CCPs (Equities & ETFs) (FSAFAFAC)

Keywords

• Private securities trading
• Unlisted shares marketplace
• PISCES trading platform
• Matched bargain facility
• Share liquidity venue

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Transaction Fees: JP Jenkins charges a fee of 1.5% of the transaction price to both buyers and sellers, plus a £25 transaction fee per trade. This creates a two-sided revenue stream from each securities transaction executed on the platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

JP Jenkins operates a UK-regulated private securities marketplace facilitating the trading of unlisted, delisted, and pre-IPO company shares. The platform connects companies seeking shareholder liquidity with investors and a network of over 40 UK-regulated brokers through two core venues: the Matched Bargain Facility for continuous trading and the Private Market for PISCES intermittent trading events.

Product overview

JP Jenkins operates as a unified private securities marketplace platform with two core trading venues: the Matched Bargain Facility (MBF) for continuous trading of delisted and unquoted company shares, and the Private Market for private company shares including PISCES trading events. The platform connects companies seeking liquidity for shareholders with investors and a network of over 40 UK brokers. The marketplace lists approximately 60 companies across various sectors including technology, energy, financial services, and wholesale/retail trade. The platform provides price discovery, regulated trading, and CREST settlement services.

Differentiator

Problem solved

Functional benefit

Products and services

• JP Jenkins Marketplace A regulated online marketplace that aggregates trading in unlisted, delisted, and private company shares, connecting approximately 50–60 listed companies with investors through a network of 40+ UK brokers.
• Matched Bargain Facility (MBF) A continuous trading venue for shares in companies that have left public markets or are unlisted, providing ongoing liquidity for shareholders by matching buy and sell orders.
• Private Market (PISCES) A specialised FCA-regulated venue for intermittent trading events in private companies, enabling shareholders to sell shares during specific trading windows without companies raising new capital.
• JP Jenkins 15 Index A market index tracking the performance of securities listed for trading on the JP Jenkins platform, providing a benchmark for the unlisted securities market.

Quantifiable outcome

• Trades are exempt from UK stamp duty under PISCES framework
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• LedgycoreTechnology or Integration · 25 November 2025Partnership announced after JP Jenkins was approved to operate a PISCES platform. Ledgy provides private firms with comprehensive equity management services, enhancing liquidity options on the JP Jenkins platform through integrated equity management capabilities.
• Investment Firm (Licensing)minorOEM/ Whitelabel/ Licensing PartnerJP Jenkins authorized an investment firm to use its PISCES license, allowing the firm to operate under JP Jenkins' regulatory approval for PISCES trading.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/jpjenkinsltd
• Facebookfacebook.com/JPJenkinsLtd
• LinkedInlinkedin.com/company/jpjenkins

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JP Jenkins