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Emirates REIT asks for identification of merchants on suspicious trades

In Could, Emirates REIT stated it discovered proof of irregular buying and selling exercise by sure market contributors

Emirates REIT has filed an utility within the Dubai Worldwide Monetary Centre Courts to search out out the determine of these behind “suspicious trades” in its shares.

“Emirates REIT yesterday submitted an application in the DIFC Courts 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 firm stated in an announcement Monday.

In Could, Emirates REIT stated it discovered proof of irregular buying and selling exercise by sure market contributors and reported it to the regulatory authorities.

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