523999 Miscellaneous Financial Investment Activities

Overview

This U.S. industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis.

Illustrative Examples:
Exchange clearinghouses, commodities or securities
Stock quotation services
Gas lease brokers' offices

Cross-References

  • Investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering--are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage;
  • Acting as principals or agents (i.e., brokers) in buying or selling virtual currency (cryptocurrency)--are classified in Industry 523160, Commodity Contracts Intermediation;
  • Acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts--are classified in Industry 523910, Miscellaneous Intermediation;
  • Furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of securities and commodities--are classified in Industry 523210, Securities and Commodity Exchanges;
  • Managing the portfolio assets (i.e., funds) of others and/or providing customized investment advice--are classified in Industry 523940, Portfolio Management and Investment Advice;
  • Providing trust, fiduciary, and custody services to others--are classified in U.S. Industry 523991, Trust, Fiduciary, and Custody Activities; and
  • Financial transactions processing, reserve, and clearinghouse activities (except commodity or securities exchange services)--are classified in Industry 522320, Financial Transactions Processing, Reserve, and Clearinghouse Activities.

Index Entries

Business start-up fundraising using a crowdfunding platform
Clearinghouses, commodity exchange or securities exchange
Deposit brokers
Exchange clearinghouses, commodities or securities
Gas lease brokers' offices
Oil lease brokers' offices
Protective committees, security holders
Quotation services, securities
Quotation services, stock
Securities holders' protective services
Securities transfer agencies
Stock quotation services
Stock transfer agencies
Transfer agencies, securities
Virtual currency trading exchange clearinghouses