JP Jenkins Propels Digital Transformation with Automated Broker Integration

JP Jenkins, known for its liquidity venue for unlisted assets, announced a significant leap towards digitalization on March 5th, 2024. The London-based platform revealed that over 40 UK brokers, including 16 that have completed a total digital integration, now access the service. This development enables automated buy and sell order placements, marking a departure from traditional voice-based services.

CEO Mike McCudden highlighted the transformation, underscoring the past year's effort to automate trading processes with the broker community and capital market infrastructure providers. With technologies from FinTech provider InfinitX, JP Jenkins transitions to a digital-first platform, allowing broader access and transparency for trading unlisted securities.

This move towards a fully scalable and electronic dealing system is in sync with the platform's goal to enhance liquidity, transparency, and scalability. These efforts are timely, as the financial market anticipates the HM Treasury's consultation on facilitating liquidity for private companies, potentially revitalizing London’s capital market scene.

Among the brokers connected to JP Jenkins' automated platform are noteworthy entities such as IG, Jarvis, AJ Bell, and Charles Stanley. This network expansion reflects JP Jenkins' aim to foster greater liquidity and transparency for unlisted companies, aligning with the broader industry trends towards digitalization and automated services.