Ex-Moore Capital trader pleads guilty in UK market abuse case-FCA

(Refiles to remove repeated information in paragraph 4)

By Nishant Kumar

Nov 7 (Reuters) - Former Moore Capital trader Julian Rifat pleaded guilty on Friday to eight instances of insider dealing in a high profile case brought by UK's Financial Conduct Authority (FCA), the regulator said in a statement.

Rifat, the third person to plead guilty in the largest and most complex insider dealing investigation by the FCA, was accused of passing confidential and price-sensitive information to an accomplice to his advantage.

The FCA said Rifat passed on inside information about eight companies in 2009, including UK banking group Barclays (LSE: BARC.L - news) , German carmaker Volkswagen (Other OTC: VLKAF - news) , Spanish power group Iberdrola (Stuttgart: 2969533.SG - news) and German retailer Metro (Other OTC: MTRAF - news) .

The dealings led to profits of more than 250,000 pounds ($395,500), the FCA statement said. It was not clear if Rifat was the only beneficiary.

Rifat will be sentenced next year.

Earlier this year Graeme Shelley, a former broker at Novum Securities, pleaded guilty to insider dealing with Rifat and with another associate Paul Milsom, a former execution trader at Legal and General.

Milsom last year became the first man to be jailed after pleading guilty in the case.

($1 = 0.6321 British Pounds) (nishant.kumar@thomsonreuters.com)