Merrill Lynch, Morgan Stanley, UBS, CSFB and Bridgewell are believed to be among the brokers pitching to lead the re-flotation of UK spread betting group IG Index.

A senior banking source said the five brokers are considered leading contenders, but others may emerge when pitches are sought next week.

Jamie Felix

IG Group

Morgan Stanley

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Brokers line up for re-float of IG Group

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