The NAICS Code 523130 is described as
Commodity Contracts Dealing- Commodity contract trading companies
- Commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
- 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 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)
- 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 dealing (i.e., acting as a principal in dealing commodities to investors)
- Trading companies, commodity contracts
Description
This U.S. 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.
Establishments primarily engaged in-
· Acting as agents (i.e., brokers) in buying or selling spot or future commodity contracts on a commission or transaction fee basis-are classified in Industry 523140, Commodity Contracts Brokerage; and
· Merchant wholesalers buying and selling physical commodities for resale to other than the general public-are classified in Subsector 423, Merchant Wholesalers, Durable Goods. Business to business electronic markets that facilitate these activities are classified in Industry 425110, Business to Business Electronic Markets. Agents and brokers that facilitate these activities are classified in Industry 425120, Wholesale Trade Agents and Brokers.
(2019-08-02) It belongs to the code group
NAICS Code 52313 Commodity Contracts Dealing
To this Code "523130" belongs the sub codes
(No direct sub codes available)
The equivalent ISIC Code (Rev. 3.1) is
6599: | Other financial intermediation n.e.c. |
| Autres intermédiations financières n.c.a. |
The nearest NACE Code (Rev. 1.1) is
65.23: | Finanzierungsinstitutionen a.n.g. - Finanzierungsinstitutionen a.n.g. |
65.23: | Other financial intermediation n.e.c. - Other financial intermediation n.e.c. |
65.23: | Autres intermédiations financières n.c.a. |
65.23: | Altre intermediazioni finanziarie n.c.a; |
65.23: | Otros tipos de intermediacion financiera |
65.23: | Overige financiele instellingen, neg |
65.23: | Finansielle institutioner i.a.n. |
The equivalent CPC Code (Rev. 1.1) is
Translation of the Code description
523130: | Commodity Contracts Dealing |
(2019-08-02)
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