The International Property Securities Exchange has been given approval by the Financial Conduct Authority for IPSX , the world 's first regulated exchange allowing owners of single property assets to trade shares . Owners of multiple assets may also trade , if they meet eligibility criteria . ISPX chairman and former Lehman Brothers banker John Gahan said it was a " landmark moment " and a " great example of financial innovation " . The first public offerings are expected at the end of Q1 2018 .
The International Property Securities Exchange has been given approval by the Financial Conduct Authority for IPSX, the world's first regulated exchange allowing owners of single property assets to trade shares. Owners of multiple assets may also trade, if they meet eligibility requirements. ISPX founder and former Lehman Brothers banker Anthony Gahan said it was a "landmark moment" and a "great example of fintech innovation". The first public offerings are expected at the end of Q1 2019.