Activity
Currencies & Monetary Broker
Activity Code
6612003
Activity Group
Banks, Finance & Credit Group
License Type
Commercial
Activity Description
Include firms engaged in brokerage of buying and selling of local and foreign shares and stocks, currencies and commodities as well as the intermediary services in the money market. The role of these firms should confine only to negotiate buying and selling prices and completing the deals between concerned parties against a commission and should not do the buying and selling for themselves.
Approval
NOC from the central bank