NAICS 523999
What is the NAICS code 523999?
The NAICS code 523999 is applied to those industries related to Miscellaneous Financial Investment Activities.
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
Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 523999 in the North American Industry Classification System.
This industrial activity of NAICS code is structured as follows:
- 52 - Finance and Insurance
- 523 - Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 5239 - Other Financial Investment Activities
- 52399 - All Other Financial Investment Activities
- 523999 - Miscellaneous Financial Investment Activities
Characteristics of the North American Industry Classification System code 523999
NAFTA
This code is only used in the North American Industry Classification System (NAICS). It´s to say, it is not used in the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.
Related codes
The NAICS industry 523999 has the following cross-references:
- 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.
- Acting as principals or agents (i.e., brokers) in buying or selling virtual currency (cryptocurrency) are classified in Industry 523160, Commodity Contracts Intermediation.
- 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.
- 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.
- 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.
- 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.
Related activities
Below are some of the most common types of activities in the Miscellaneous Financial Investment activities industry (NAICS Code 523999):
- 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
