(Reuters) – The London Stock Exchange Group (LON:) has proposed a special market for private companies to trade their shares publicly on the exchange on certain days, The Wall Street Journal reported https://on.wsj.com/3nt8j9h on Saturday, citing a person familiar with the matter.

According to the Journal, this move was part of an effort to bring in fast-growing technology companies to list in Britain after Brexit.

Public trading would take place in private shares of companies between one to five days, every month, quarter, or six months. The report also cited proposals from the Journal, which cites suggestions made by the Journal, which included the Financial Conduct Authority and U.K Treasury.

According to The Journal, these companies wouldn’t be subjected to the same level of regulatory oversight that a full-listed company. These requirements are said to deter founders of startup companies from listing shares.

London Stock Exchange Group and U.K Treasury didn’t immediately reply to Reuters’s request for comment. An FCA spokesperson did not respond to Reuters’ request for comment.

The Journal reported that the LSE stated in the Dec. 21 document sent to Treasury and the FCA, that the “new venue type” would serve as a bridge between fully private and public markets. The “should be viewed as an improvement on existing options for companies looking to raise capital, without the imposition of regulation that would inhibit growth.”

The British markets watchdog has confirmed that new rules were being implemented to enhance London’s status as an international centre for listing companies following increased competition from Europe’s Union.