Examples of Licensed exchange in a sentence
Methods of risk exchange and risk transfer on the Catastrophe Risk Exchange Risk-for-risk For individual cases, Catex can be used by licensed exchange members to swap certain catastrophe risks directly amongst themselves (‘‘risk-for-risk’’).10 Licensed exchange members are primary insurance companies and reinsurance companies; they could also, for instance, be captives of large corporations outside the insurance business, and may include insurance brokers.
Licensed exchange An exchange licensed in respect of the operation of its market in and from the Kingdom of Bahrain, and in respect of overseas markets, exchanges that are regulated by a securities regulator.
Licensed exchange offices can trade with foreign currency after they conclude and agreement with commercial bank which settles out their relationship.
Licensed exchange offices are legal persons or entrepreneurs registered for conducting foreign currency trade.