Frequently Asked Questions

Everything you need to know about trading private company shares on JP Jenkins.

All trading must be done through an approved broker. You place orders with your broker, who routes them into our venue. Retail investors can only participate in the MBF market

Yes — if your broker is on our approved list. If not, you may need to open an account with one that is.

Private Market (PISCES): Scheduled auction windows for companies with larger shareholder bases. Operates under the PISCES regulatory framework.

MBF: Matched-bargain trades for early-stage or tightly-held companies.

  • Sophisticated investors
  • High-net-worth investors
  • Institutions
  • Eligible employees
  • Existing shareholders
  • Sophisticated / High net worth investors
  • Retail (via brokers)
  • Employees exercising options

If you're selling and your shares are still in paper format, your broker can help dematerialise them into CREST.

All trades settle through CREST on T+2, just like listed equities. Your broker handles cash and share movement.

Yes. JP Jenkins operates under an FCA-regulated framework with clear rules, volatility controls and transparency requirements.

Pricing is driven by:

  • Private Market (PISCES) auction matching
  • Matched-bargain negotiation
  • Supply and demand within the venue
  • Independent party valuation
  • Last traded price (for delistings)

We publish trade and pricing data for full transparency.

Each company has a dedicated page on the JP Jenkins website with disclosures, trading updates, and relevant documents.

Liquidity varies. These are private-company securities, so trading volume may be lower and less frequent than public markets.

  • Limited liquidity
  • Valuation uncertainty
  • Higher risk profile of private companies
  • Potential for loss of capital

Your broker must ensure suitability where required.

This depends on the company. Some offer regular auction events, others ad-hoc matched-bargain trading.

In most cases, yes — your broker can submit limit orders depending on the company's trading model.

Yes. Trading is conducted on a matched-order basis; counterparties do not see each other's identity.

Your shares appear within your normal brokerage account once settlement completes.

JP Jenkins charges a £25 settlement fee and 1.5% to both buyer and seller on our MBF (see PISCES pricing table for breakdown on fees charged)

Yes — if your broker is authorised to trade UK private securities and meets cross-border regulatory requirements.

PISCES auction dates are:

  • Published on the company's JP Jenkins page
  • Communicated through brokers

Important information regarding investment risks and disclosures. View full disclosure

Company

Markets

Resources

Regulatory

  • +44 845 528 1663

  • info@jpjenkins.com

  • JP Jenkins Ltd

    5th Floor

    101 Wigmore St

    London

    W1U 1QU

Copyright ©2025 JP Jenkins. All rights reserved. JP Jenkins is a company incorporated in England & Wales with registered number 08014724 and whose registered office is at 101 Wigmore Street, 5th Floor, London, England, W1U 1QU (JPJ). JPJ (FRN 1037394, PAN 25002) is authorised and regulated by the Financial Conduct Authority. This website is a financial promotion by JPJ. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. JPJ acts for the companies listed on the website and provides services to authorised brokers but does not act for investors, consumers or any other person. The information on this website is obtained from the companies and other third parties and although JPJ considers these sources to be reliable, it makes no representation as to the accuracy of the information. JP Jenkins does not provide any advice on investing in unlisted shares generally or in the companies listed on the platform specifically, nor any legal, financial or tax advice of any kind. Nothing on this website and no communication from JPJ should be construed as an investment recommendation. If you have any doubt about the suitability of the investment, or you require financial advice, you should seek a personal recommendation from an appropriately qualified financial advisor. Investing in unlisted shares is high risk and should only be done as part of a diversified portfolio. Please read the RISK WARNINGS before making any investment decisions. Offers are only available through authorised persons. Any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. If you have any questions regarding these matters relating to information on this website you should consult a professional adviser.