JP Jenkins Revolutionizes Private Markets with Full Digital Broker Integration, Enhancing Liquidity
On March 5th, 2024, JP Jenkins, a renowned liquidity venue for unlisted assets, announced a significant leap towards digital-first operations. With over 40 UK brokers now accessing its platform, including 16 through complete digital integration, JP Jenkins has automated buy and sell orders, prioritizing electronic dealing to boost liquidity, transparency, and scalability.
Transformation Through Technology
JP Jenkins’ transition to a fully digital platform marks a major milestone in the evolution of trading unlisted assets. This automation, powered by FinTech provider InfinitX, moves JP Jenkins away from traditional voice-based services to a modern, efficient, and scalable trading environment. The integration allows regulated brokers and financial institutions to view indicative prices and lodge buy or sell orders seamlessly against relevant securities. Furthermore, this technological advancement is complemented by connectivity options via direct API or through existing connections with Order Management Systems providers like IRESS and Winterflood Securities.
Revitalizing London’s Capital Market
This week, the HM Treasury is set to launch a consultation on the role of disruptive venues like JP Jenkins in rejuvenating London’s capital market. Andrew Stanclife, Head of Execution Services at Winterflood Securities, highlighted the year 2024 as pivotal for such platforms, aiming to enhance liquidity for private companies. The collaboration between JP Jenkins, InfinitX, and key financial institutions demonstrates a collective effort to support the growth and dynamism of London’s financial ecosystem.
Implications for the Future
The digital transformation of JP Jenkins is not just a technological upgrade but a strategic move to position itself at the forefront of the private markets’ future. By facilitating easier access and greater liquidity for unlisted assets, JP Jenkins is paving the way for a more inclusive and efficient market. This development promises to attract more issuers and investors to the platform, potentially setting new benchmarks for the trading of private securities.
The move towards a digital-first, fully scalable trading venue by JP Jenkins reflects a broader trend in financial markets towards automation and efficiency. As stakeholders in the capital markets ecosystem continue to embrace technological innovations, platforms like JP Jenkins are likely to play an increasingly important role in shaping the future of private company liquidity and investment.
