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Shares in CFD trader Plus500 slump as client accounts frozen

19th May 2015 8:52 am GMT

Shares in London-listed spread betting and CFD provider Plus500 slumped by more than a 36 per cent Monday after it was forced to freeze thousands of trading accounts held by UK investors.

The Israel-based company, which recently agreed a shirt sponsorship deal with Spain’s Atletico Madrid, said that it had “no alternative” but to place a restriction on UK trading accounts “until such time as we have been able to undertake a complete review of the [...]

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