The IUR says over the last 10 years the number of train accidents has stayed fairly stable.

BBC: Europe's rail safety questioned

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The figures released by the IUR indicate that in 1997, the last year for which comparisons are available, a commuter is 25 times more likely to be killed on the road as they are on Europe's railways.

BBC: Europe's rail safety questioned

"It seems the regulator has taken action in the cases where it is easiest to prove suspicious trading, specifically with single leg long call buying" said Gareth Ryan, a managing director at IUR Capital, one of the options firms assisting regulators in the Heinz case.

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