NAICS 523160—Commodity Contracts Intermediation

Where 523160 sits

1. 52 Finance and Insurance
2. 523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities
3. 5231 Securities and Commodity Contracts Intermediation and Brokerage
4. 52316 Commodity Contracts Intermediation
5. 523160 Commodity Contracts Intermediation

Description

This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis, or acting as agents (i.e., brokers) in buying or selling spot or futures commodity contracts or options on a commission or transaction fee basis.

Example activities

• commodity contract trading companies
• commodity contracts brokerages
• commodity futures brokerages
• futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)

Cross-references for 523160

• Operating commodity or securities exchange clearinghouses (including virtual currency trading exchange clearinghouses)--are classified in U.S. Industry 523999, Miscellaneous Financial Investment Activities; and
• Reselling physical commodities--are classified in Sector 42, Wholesale Trade, or in Sector 44-45, Retail Trade.

Index entries for 523160

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

• Brokerages, commodity contracts
• Commodity contract pool operators
• Commodity contract trading companies
• Commodity contracts brokerages
• Commodity contracts brokers' offices
• Commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
• Commodity contracts floor brokers
• Commodity contracts floor traders (i.e., acting as a principal in dealing commodities to investors)
• Commodity contracts floor trading (i.e., acting as a principal in dealing commodities to investors)
• Commodity contracts options brokerages
• Commodity contracts options dealing (i.e., acting as a principal in dealing commodities to investors)
• Commodity contracts traders (i.e., acting as a principal in dealing commodities to investors)
• Commodity futures brokerages
• Financial futures brokerages
• Foreign currency exchange brokering services
• Foreign currency exchange dealing (i.e., acting as a principal in dealing commodities to investors)
• Foreign currency exchange services (i.e., selling to the public)
• Futures commodity contracts brokerages
• Futures commodity contracts brokers' offices
• Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
• Trading companies, commodity contracts
• Virtual currency (cryptocurrency) brokering
• Virtual currency (cryptocurrency) dealing
• Virtual currency exchange services (i.e., selling to the public)

523160 in other systems