BLB Limited, the country's largest arbitrage and proprietary book player not very long ago, went out of its primary business of share market trading earlier this week as business became unviable. The company, now operating with skeletal staff, will look at opportunities in the international commodities space.
Shortage of trained professionals in the financial markets has prompted the need for specialised courses in stock markets and commodity training.
A British judge found on Thursday that Bernie Ecclestone had paid bribes to a German banker as part of a "corrupt agreement" linked to the 2005 sale of a stake in Formula One - an issue at the heart of Ecclestone's forthcoming bribery trial in Germany.