RARE ALERT: Plus500 said to...

Plus500 is rumoured to be eyeing a tie-up with US rival GAIN Capital but people familiar with the situation tried to pour cold water on the prospect of an imminent deal.

Industry sources claiming to be familiar with the matter said they had heard speculation the London-listed company is weighing a bid for GAIN Capital although it wasn't clear whether Plus500 has made a formal approach for the company...