2022 Edition

national industry 523160

Commodity Contracts Intermediation

Overview

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.

The immediate parent of national industry 523160 is international industry 52316: Commodity Contracts Intermediation

Illustrative Examples

  • 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)

2022 NAICS Edition Cross References

  • 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.

Sub-Descriptions

  1. 523160 - Brokerages, commodity contracts
  2. 523160 - Commodity contract pool operators
  3. 523160 - Commodity contract trading companies
  4. 523160 - Commodity contracts brokerages
  5. 523160 - Commodity contracts brokers' offices
  6. 523160 - Commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
  7. 523160 - Commodity contracts floor brokers
  8. 523160 - Commodity contracts floor traders (i.e., acting as a principal in dealing commodities to investors)
  9. 523160 - Commodity contracts floor trading (i.e., acting as a principal in dealing commodities to investors)
  10. 523160 - Commodity contracts options brokerages
  11. 523160 - Commodity contracts options dealing (i.e., acting as a principal in dealing commodities to investors)
  12. 523160 - Commodity contracts traders (i.e., acting as a principal in dealing commodities to investors)
  13. 523160 - Commodity futures brokerages
  14. 523160 - Financial futures brokerages
  15. 523160 - Foreign currency exchange brokering services
  16. 523160 - Foreign currency exchange dealing (i.e., acting as a principal in dealing commodities to investors)
  17. 523160 - Foreign currency exchange services (i.e., selling to the public)
  18. 523160 - Futures commodity contracts brokerages
  19. 523160 - Futures commodity contracts brokers' offices
  20. 523160 - Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
  21. 523160 - Trading companies, commodity contracts
  22. 523160 - Virtual currency (cryptocurrency) brokering
  23. 523160 - Virtual currency (cryptocurrency) dealing
  24. 523160 - Virtual currency exchange services (i.e., selling to the public)

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 523130 523140
2007 523130 523140
2012 523130 523140
2017 523130 523140
2022 523160

Standard Industrial Classification (SIC) Mappings

  1. 6099 - Functions Related to Depository Banking, Not Elsewhere Classified
  2. 6221 - Commodity Contracts Brokers and Dealers
  3. 6799 - Investors, Not Elsewhere Classified

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 523160, Commodity Contracts Intermediation:

  1. commodity broker
  2. commodity broker and dealer
  3. commodity broker dealer
  4. commodity contract broker and dealer
  5. commodity contract brokerage
  6. commodity contract brokerage naic
  7. commodity contract dealing
  8. commodity contract dealing naic
  9. currency broker exchange
  10. dealer commodity broker
  11. exchange currency broker
  12. finance and insurance
  13. function related to depository banking not otherwise classified
  14. investment firm commodity broker
  15. investor nec
  16. investor not otherwise classified
  17. money exchange
  18. security and commodity contract intermediation and brokerage
  19. security commodity contract and other financial investment and related activity

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