Emirates REIT seeks names behind 'suspicious trades' of its shares
Files petition in DIFC Courts to get Nasdaq Dubai to reveal traders identity
Image Credit: Gulf News Archive
Dubai: Emirates REIT filed an application in the Dubai International Financial Centre Courts to find out the identify of those behind "suspicious trades" in its shares.
"Emirates REIT submitted an application seeking an order for the disclosure by Nasdaq Dubai of the identity of the traders behind the nominee account responsible for several suspicious trades of Emirates REIT shares," the Dubai-based company said in a statement.
In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants and reported it to the regulatory authorities.