--- title: "Qplay’s JP Jenkins debut marks lacklustre launch for Pisces" type: "News" locale: "en" url: "https://longbridge.com/en/news/278561337.md" description: "Qplay's JP Jenkins marks a lackluster debut on London's new Pisces private market, being the first company to list. Despite a competitive push from LSEG to attract larger firms, Qplay, a small board game maker, is set to launch with minimal excitement. The Pisces market, aimed at democratizing access to private companies, has failed to attract significant interest, with no major firms joining. The launch raises concerns about the future of Pisces, potentially ending without notable success." datetime: "2026-03-10T12:57:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278561337.md) - [en](https://longbridge.com/en/news/278561337.md) - [zh-HK](https://longbridge.com/zh-HK/news/278561337.md) generator: "portal-rs" --- # Qplay’s JP Jenkins debut marks lacklustre launch for Pisces Tuesday 10 March 2026 12:57 pm Add as a preferred source on Google Outsmarted owner Qplay will be JP Jenkins' first Pisces constituent Roll the dice. Make your move. Prove you’re the smartest. But hurry – the clock’s ticking. That is the opening of a video ad for Outsmarted, a board game owned by Qplay, which is set to be the first company to list on London’s new Pisces private market. It might have also described the fierce battle between JP Jenkins and London Stock Exchange owner LSEG to court companies to join their rival Pisces venues. After a sustained charm offensive targeting Britain’s fastest-growing firms, LSEG was set to pip JPJ to the post and sign up the first Pisces constituent in the form of investment firm Tradable Private Equity (TPE), via an abstruse structure that holds shares in Oxford Science Enterprises. The first TPE trades were due to take place on 25 March. But then – plot twist! JPJ made *its* move and outsmarted the LSE with Qplay, which will list on its platform a week earlier. Try as I might to make this contest exciting, the reality is anything but. The new government-backed Pisces market framework was intended to be a transformative development for the City, a means to democratise investor access to private companies and offer a stepping stone towards a full public listing. ## Not with a bang but a whimper? Things have yet to impress. The government had expected Pisces listings to begin in 2025. Apparently, no one heard the starting gun. LSEG actively approached big-name, billion-pound firms like Revolut and Octopus – and got back polite smiles and raised eyebrows. JPJ’s barnstorming debut offer is a board game maker with fewer than 10 employees and profit of about half a million. Hold the front page. Granted, there is an element of first-mover disadvantage here. No one wants to be the first guest at the party, and some would-be Pisces members are biding their time. But without a big-ticket entrant to get things going, this could be the way Pisces will end – not with a bang but a whimper. Roll the dice. Make your move. Hurry – the clock’s ticking. ### Related Stocks - [LSEGY.US](https://longbridge.com/en/quote/LSEGY.US.md) - [LSEG.UK](https://longbridge.com/en/quote/LSEG.UK.md) - [LNSTY.US](https://longbridge.com/en/quote/LNSTY.US.md) ## Related News & Research - [Afya Limited Comments on Recent Public Disclosure Made by Yduqs Participações S.A. Regarding a Potential Business Combination | AFYA Stock News](https://longbridge.com/en/news/296796105.md) - [Elfa Medicamentos says Gravataí Participações buys 99.56% stake for R$ 620.49](https://longbridge.com/en/news/296788170.md) - [ES Group to present January–June interim report in webcast and conference call](https://longbridge.com/en/news/296326732.md) - [Simpar sells 50% stake in BRT Sorocaba concession to Mobibrasil Sorocaba](https://longbridge.com/en/news/296656506.md) - [HMOBI board signs off on Q2 2026 financial statements, audit review shows no qualifications](https://longbridge.com/en/news/296656112.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**