NAICS Canada 523910—Miscellaneous intermediation

Where 523910 sits

1. 52 Finance and insurance
2. 523 Securities, commodity contracts, and other financial investment and related activities
3. 5239 Other financial investment activities
4. 52391 Miscellaneous intermediation
5. 523910 Miscellaneous intermediation

Description

This Canadian industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts, generally on a spread basis. Principals are investors that buy or sell for their own account. This industry also covers legal entities, often referred to as personal holding companies, set up primarily for the purpose of holding, in a generally passive manner, the wealth of an individual or a family.

Example activities

• companies established to hold the wealth of an individual or a family
• investment clubs
• investment holding company
• land speculation
• oil royalty dealing (acting as principals)
• personal corporation, holding securities
• syndicates, investment
• venture capital companies
• bare trustee
• buying income tax refunds
• dealing (i.e., minerals, oil or gas royalties or leases, mortgages, tax certificates)
• gas and oil royalty dealers
• house flipping services
• individuals investing in financial contracts on own account
• investment companies investing on own account
• investment companies, investing in financial contracts
• mineral royalties or leases, dealing
• mortgages, buying and selling (rediscounting)
• real estate as a trading stock of the seller, buying and selling of
• tax liens dealing (i.e., acting as principals)
• viatical settlement companies

Index entries for 523910

9 entries from the official NAICS Canada alphabetic index that classify under this code.

• Individuals investing in financial contracts on own account
• Investment clubs
• Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
• Mortgage dealers, buying and selling
• Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors)
• Securities speculators for own account
• Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
• Venture capital companies
• Viatical settlement companies

523910 in other systems