Nykredit reported to the police

on Monday afternoon, writes the Nykredit in a press release that they have been reported to the police.

It is the Fsa, who have signed the Nykredit to the police, according to the message.

the Case stems from at least two trades in shares, where an employee of Nykredit Markets have shown suspicious behavior.

‘It is the Fsa’s view that the employee in the case, imposed orders on Nasdaq Copenhagen in a way, there was a market-maker algorithm to increase the courses. Then cancelled the employee in each of the nine cases, its within enclosed purchase order and subsequently implement a sales order at the same price as the just-cancelled purchase order,’ sounds from the Streets.

It appears on the press release to the relevant employee according to the Danish financial supervisory authority has tried to gain an economic advantage at 4425 crowns to Nykredit.

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