14-01-2011, 03:53 PM
(14-01-2011, 03:46 PM)d.o.g. Wrote: An investor who wishes to hide his presence may also use a nominee account to hold his shares even though he paid cash. This can be useful if the investor is famous and wants to avoid people from front-running him.
Thanks d.o.g.
Is it possible that there are more than one person in a nominee account? For example, if DBS nominees has 1 million shares in x company, can it be that there are more than one unrelated person owning that 1 million share?