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NAICS Code 523140 Commodity Contracts Brokerage

The NAICS Code 523140 is described as
Commodity Contracts Brokerage
  • Brokerages, commodity contracts
  • Commodity contracts brokerages
  • Commodity contracts brokers' offices
  • Commodity contracts floor brokers
  • Commodity contracts options brokerages
  • Commodity futures brokerages
  • Financial futures brokerages
  • Futures commodity contracts brokerages
  • Futures commodity contracts brokers' offices

Description
This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling spot or future commodity contracts or options on a commission or transaction fee basis.
Illustrative Examples:
Commodity contracts brokerages
Commodity futures brokerages
Financial futures brokerages

Establishments primarily engaged in-
· Acting as principals in buying or selling spot or futures commodity contracts generally on a spread basis-are classified in Industry 523130, Commodity Contracts Dealing; and
· Merchant wholesalers buying and selling physical commodities for resale to other than the general public-are classified in Sector 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 52314 Commodity Contracts Brokerage

To this Code "523140" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6712: Security dealing activities
  Gestion de portefeuilles

The nearest NACE Code (Rev. 1.1) is
67.12: Effektenvermittlung und -verwaltung (ohne Effektenverwahrung) - Effektenvermittlung und -verwaltung (ohne Effektenverwahrung)
67.12: Security broking and fund management - Security broking and fund management
67.12: Gestion de portefeuilles
67.12: Attività di gestione di titoli e fondi comuni conto terzi
67.12: Actividades bursátiles por cuenta de terceros
67.12: Effectenhandel en vermogensbeheer
67.12: BĒrsmæglervirksomhed

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
523140: Commodity Contracts Brokerage
(2019-08-02)

Alternative Spellings (synonyms): Contract, Contracting, Brokerages
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