CLANAE 64.991—"Pure" open market broker services

Where 64.991 sits

1. K Financial intermediation and other financial services
2. 64 Financial intermediation and other financial services
3. 64.9 Financial services, except those of the central bank and financial institutions
4. 64.99 Financial services n.e.c.
5. 64.991 "Pure" open market broker services

What 64.991 includes

• Pure open market agents are those who carry out buy-sell transactions of securities outside the stock exchange (over-the-counter market) as their primary activity, although this activity can also be performed by other agents (banks, finance companies, exchange houses) as a secondary activity. They are characterized by acting on their own account, unlike the stock exchange where brokers or brokerage firms buy and sell on behalf of third parties.

64.991 in other systems