Commodity Contracts Intermediation

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.

IRI: http://lmss.sali.org/Q64521H6S9uKAziGv5ERjQ
Branch: Industry and Market
Source: https://www.naics.com/six-digit-naics/?code=523160

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)

Ancestry path

Industry and Market Industry Finance and Insurance Services Industry Securities, Commodity Contracts, and Other Financial Investments and Related Activities Industry Securities and Commodity Contracts Intermediation and Brokerage Commodity Contracts Intermediation

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