WZ 66.12.0—Security and commodity contracts brokerage

Where 66.12.0 sits

1. L Financial and insurance activities
2. 66 Activities auxiliary to financial services and insurance activities
3. 66.1 Activities auxiliary to financial services, except insurance and pension funding
4. 66.12 Security and commodity contracts brokerage
5. 66.12.0 Security and commodity contracts brokerage

What 66.12.0 includes

• Financial market transactions for third parties (e.g., brokering shares) and related activities
• Securities brokerage
• Brokering units in investment funds
• Brokering standardized commodity contracts
• Foreign exchange trading on behalf of third parties
• Brokering crypto assets with liabilities that are considered securities
• Foreign exchange exchange for a fee, e.g., currency exchange offices
• Share-based crowdfunding
• Debt-based crowdfunding, where loans and securities are offered
• Brokerage of securities for investment projects (e.g., wind or solar parks)

What 66.12.0 excludes

• Financial market transactions for own account, see Division 64
• Exchange of foreign exchange for own account, see 64.99.9
• Portfolio management for a fee or on a contractual basis, see 66.30.0
• Purchase and sale of real estate projects (e.g., wind or solar farms), see Division 68
• Fundraising on a donation basis, see 82.99.1
• Trading in and brokering of crypto assets without liabilities, see 82.99.9

66.12.0 in other systems