We are thrilled to announce significant enhancements to the Republic Europe Secondary Market—designed to give you more flexibility, greater transparency, and an improved trading experience.
Starting 13th May, the Republic Europe Secondary Market Bulletin Board will never close; it will be available 24 hours a day, 365 days a year. This means:
- No more waiting for market opening at 11am on Tuesday
- Sellers can respond to sell requests — any time
- Buyers can express an interest to buy — any time
- Note: Liquidity is never guaranteed
Key Improvements
Instant Activation for Eligible Listings
When you place a sell request for an eligible business, your listing will be activated immediately—no more waiting for the market to open.
Eligibility Framework
Our process for determining business eligibility remains unchanged. However, as our market now operates 24/7, there may be a period of time between when new information becomes available and when eligibility statuses are updated.
All trades made while a business is eligible will stand, even if we had already received information that may subsequently lead us to mark the business as ineligible. You can read more about our eligibility criteria.
We’ve improved our platform with clearer labels that show you:
- Shareholder-Only Trading – Opportunities exclusive to existing investors, typically due to founder requests or contractual limitations.
- All-Investor Access – Businesses available to everyone.
You continue to have access to over 700+ businesses, ready for you to buy and sell when they meet eligibility requirements.
90-Day Listing Period
- All sell requests will be active for 90 days
- If no buyer is found, your listing will expire
- Expired listings will NOT be renewed — submit a new sell request to continue
Commitment to Sell
When a buyer is found, action is required within 3 days. You must either accept or cancel the matched sell request in this period.
Cancelling or not responding to a sell request will result in a 60-day selling restriction for that business.
Please only list shares you genuinely intend to sell. This penalty will be applied starting in the May trading cycle.
Enhanced Transaction Tracking
- Web platform: View activity from the last 30 days (replaces “last trading cycle”)
- All transaction history remains available in your account page
Stay Informed
Our Secondary Market communications are evolving. Instead of simple market alerts, we’ll send monthly round-ups with:
- Valuable insights
- Market trends
- Trading highlights
Coming soon: Enhanced notifications that let you set personalised alerts for specific businesses. Stay on top of investment opportunities that matter to you.
Make sure to stay subscribed to receive updates and be the first to know when these features become available.
Mobile App Access
Haven’t tried our mobile app yet? The new 24/7 Secondary Market will be fully accessible through the Republic Europe mobile app. Get the app now to enjoy uninterrupted trading access on the move.
These improvements represent our ongoing commitment to creating the most accessible and transparent private equity marketplace. Additional enhancements for both web and mobile platforms will be rolling out alongside these changes.
Thank you for being part of our investment community.
Please note: Our Secondary Market Terms & Conditions have been updated to reflect these changes. View the updated T&Cs here.